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** FILE ** Peter Diamond (AP Photo/Gregorio Borgia, File)

2 Americans, 1 British-Cypriot win econ Nobel

By Karl Ritter and Louise Nordstrom - Associated Press Shares

Dale Mortensen (shown), along with Peter Diamond and Christopher Pissarides, developed a tool that is used as to estimate how unemployment benefits, interest rates and other factors can affect the labor market. (Associated Press)

3 win Nobel prize for work on labor market

By Associated Press Shares

** FILE ** In this April 16, 2008, photo, Janet L. Yellen, president and CEO of the Federal Reserve Bank of San Francisco, speaks about foreclosures to the Bay Area Council Outlook Conference in Alameda, Calif. President Obama on Thursday, April 29, 2010, named Ms. Yellen to be vice chairwoman of the Federal Reserve and filled two other vacancies at the central bank whose decisions influence economic activity, employment and inflation. (AP Photo/Paul Sakuma)

Fed nominee: Lax regulation contributed to 2008 crisis

By Jeannine Aversa - Associated Press Shares

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