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U.S. economy grew late last year, but barely
WASHINGTON -- The U.S. economy barely grew late last year, thanks largely to a plunge in federal defense spending that in part was likely preparation for the budget cuts under the so-called sequestration. The nation's gross domestic product, or the...Tags: Budget Control Act of 2011, Land Price, Economic Indicator, Gross Domestic Product, Petroleum Industry
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As he departs, Geithner says 'not a chance' he'll be next Fed chair
WASHINGTON -- As Treasury Secretary Timothy F. Geithner prepared to leave office Friday, he was clear about one thing he won't be doing in the future -- running the Federal Reserve. Fed Chairman Ben S. Bernanke's second term expires in January 2014...
Tags: Barack Obama, POLITICO LLC, Timothy Geithner, White House, Jack Lew
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Fed policymakers increasingly divided over monetary stimulus
WASHINGTON -- An increasing number of top Federal Reserve officials are worried about the downside of their economic stimulus efforts, raising the possibility that the central bank could curb its monthly bond purchases sooner than financial markets are...
Tags: Career and Workplace, Employment Opportunities, Federal Reserve, Economy, Business and Finance, Labor Markets
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Ex-Treasury Secretary Geithner's new job: fellow at N.Y. think tank
WASHINGTON -- It didn't take long for former Treasury Secretary Timothy F. Geithner to land a new job, and it's not on Wall Street -- though it's in the same area code. The Council on Foreign Relations, a nonpartisan think tank based in New York, said...
Tags: Barack Obama, Government, Economy, Business and Finance, Finance, Think Tanks
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G-20 moves to allay fears of 'currency war'
WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade. But the joint statement, issued at the end of a G-...
Tags: Interior Policy, Barack Obama, Government, Economy, Business and Finance, Quarterly or Semiannual Financial Statements
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The vendetta against S&P
WASHINGTON -- The Obama administration's suit against the rating agency Standard & Poor's makes for riveting headlines and lousy history. We want to blame the financial crisis and Great Recession on greed and dishonesty. The charge that S&P rigged bond...
Tags: Securities, Investments, Business Enterprises, Economy, Business and Finance, Washington, DC
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Bernanke urges Congress to raise the debt limit
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Monday warned Congress that it needed to raise the debt limit so the U.S. could pay its bills and not face default, which he said would be “very, very costly to our economy.” Speaking...
Tags: Barack Obama, Economy, Business and Finance, Washington, DC, Public Finance, Finance
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Fitch warns that debt-limit delay could hurt U.S. credit rating
WASHINGTON — A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday. Republicans want major government spending cuts in exchange for a debt-limit...
Tags: Ratings, Barack Obama, Social Security, Economy, Business and Finance, Credit and Debt
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Parallels of bringing home the bacon
Back on Dec. 4 during a city council meeting in Detroit, council member JoAnn Watson said the citizens’ support of President Barack Obama was reason enough for the president to bailout that city’s financial mess. She was apparently scolding...Tags: Physical Fitness and Exercise, Johnny Carson, Barack Obama, Patient Protection and Affordable Care Act, Washington, DC
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New mortgage lending rules to limit loan options
The Consumer Financial Protection Bureau is planning a Thursday morning announcement of new lending rules that it hopes will move the mortgage market toward a sustainable middle ground, somewhere in between the free-wheeling days of no-documentation loans...
Tags: Freddie Mac, Fannie Mae, Laws, Economy, Business and Finance, Richard Cordray
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MarksJarvis: Investors flee munis amid D.C. uncertainty
A favorite place to duck from taxes is losing its appeal amid Capitol Hill's ongoing debate about debt-cutting. Many municipal bonds offer interest tax-free, and, consequently, munis were a top choice of financial advisers trying to guide high-income...
Tags: Johnny Carson, Personal Income, Bonds, Federal Reserve, Economy, Business and Finance
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Fed's easy money will eventually trigger inflation
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit. To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...Tags: Securities, Government, Economy, Business and Finance, Derivative Securities, Japan
Feb 28, 2013
|Story| Los Angeles Times
Jan 25, 2013
|Story| Los Angeles Times
Feb 20, 2013
|Story| Los Angeles Times
Feb 6, 2013
|Story| Los Angeles Times
Feb 16, 2013
|Story| Los Angeles Times
Feb 11, 2013
|Column| Orlando Sentinel
Jan 14, 2013
|Story| Los Angeles Times
Jan 15, 2013
|Story| Los Angeles Times
Jan 10, 2013
|Story| Aberdeen News
Jan 10, 2013
|Story| Chicago Tribune
Dec 19, 2012
|Column| Chicago Tribune
Dec 13, 2012
|Story| Baltimore Sun
Original site for Ben Bernanke topic gallery.