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The Federal Reserve's strategy to fend off a barrage of attacks from Congress, largely centered on low-key diplomacy by Chairman Ben Bernanke, isn't succeeding. Many Democrats and Republicans praise Mr. Bernanke for candor and accessibility. But some...
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The dollar weakened broadly on Wednesday as dealers took profit on the currency's biggest rise in three weeks the previous session and pushed the euro back to the middle of its range of the last two weeks. The pound held its ground against the weak dollar...
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Wall Street was poised for a strong open on Monday as weakness in the U.S. dollar pushed oil and gold higher in the pre-market session. The precious metal struck an intraday record high earlier in the session...New York, the Dow Jones Industrial Average...
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Federal Reserve Chairman Ben Bernanke said the economic recovery was on solid enough ground to continue through 2010 with modest gains in employment. Speaking in New York City at The Economic Club Monday, Bernanke said, "my own view is that the recent...
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Fertilizer producer Agrium Inc. warned Friday that its third-quarter profit will be 90 to 95 per cent lower than last year's third-quarter results. U.S. Federal Reserve Chairman Ben Bernanke is prodding Congress to enact legislation overhauling the financial...
Tags: Ben Bernanke, Congress, Boston Federal Reserve Bank, Federal Reserve Board, U.S. Federal Reserve, Mr. Bernanke, federal reserves, chairman ben, reserves chairman, prodded congress
After days of trying to chip away at creation of a consumer financial protection agency, Republicans on Wednesday decided to just go all in: They pitched an amendment to kill off all federal bank regulatory agencies after five years. The far-out move...
Tags: credit cards, Federal Reserve, Ben Bernanke, House Financial Services Committee, reserve chairman, chairman ben, effective dates, Congress, cards rules
Federal Reserve Chairman Ben Bernanke said Asian economies are ahead of the curve in the global economic recovery. "At this point, while risks to the economic outlook certainly remain, Asia appears to be leading the global recovery," Bernanke said in...
Tags: Ben Bernanke, Federal Reserve, Asian, Mr. Bernanke, Bernanke Warns, Bernanke Calls, reserve chairman, chairman ben, U.S, budget deficits
Gold futures finished lower on Friday, but finished the week sharply higher, as the dollar gained back some ground after Federal Reserve Chairman Ben Bernanke said loose monetary policy will end eventually...October gold ended down $7.60 at $1,047.80...
Tags: gold futures, monetary policy, reserve chairman, Federal Reserve, Ben Bernanke, chairman ben
Snapping its strong five-day winning string, the rupee on Friday lost six paisa to close at 46.40/41, against the US currency on signs of the dollar recovery abroad. Forex dealers said a rise in dollar overseas following Federal Reserve chairman Ben Bernanke’s...
Tags: US Federal Reserve, Ben Bernanke, chairman ben, U.S, reserve chairman, monetary policy, central banks
The Indian rupee extended its drop in afternoon trade on Friday weighed by losses in the domestic sharemarket and the dollar's gains versus other major currencies overseas. At 2:50 p.m. (0920 GMT), the partially convertible rupee was at 46.64/65 per dollar,...
Tags: Federal Reserve, Ben Bernanke, orange juice, U.S. Department of Agriculture, monetary policy, reserve chairman, chairman ben, asian market, juice futures, Mr Bernanke