Biographical details of Fed Chairman Ben Bernanke
AP - 1 hour 56 minutes agoNAME — Ben Bernanke.
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NAME — Ben Bernanke.
Consumer Spending, Factory Production Bolster Recovery after Dire Recession
The Dec. 2 Beige Book report said conditions improved in 8 of 12 regions, though labor and commercial real estate markets remained weak
The economic recovery is gaining traction as shoppers spend a bit more and factories bump up production.
Sen. Bernie Sanders upped the ante on congressional Fed-bashing Wednesday.
Major business events and economic events scheduled for Thursday: WASHINGTON -- President Barack Obama holds a White House forum on jobs and economic growth.
Coming Thursday:
Is the crisis contained?
Ben Bernanke, the head of the US central bank, and US President Barack Obama top a list of the foremost 100 global thinkers for 2009 that was published Tuesday by the magazine Foreign Policy.
Sanders says he's placing a hold on Bernanke's nomination to a second term as Fed Chairman.
The economic recovery gained traction in late fall as shoppers spent a bit more and factories bumped up production. That assessment yesterday by the Federal Reserve marked its most upbeat view since the economy tumbled into recession two years ago.
Or are these just dead cats getting a little air time?
The economic recovery gained traction in late fall as shoppers spent a bit more and factories bumped up production. That assessment Wednesday by the Federal Reserve marked its most upbeat view since the economy tumbled into recession two years ago. The Fed's new snapshot of business barometers nationwide found that conditions have generally improved since the last report in late October.
Central Bank says general economic conditions improving
(RTTNews) - During early Asian deals on Thursday, the New Zealand dollar rose to an 1-week high against the Japanese yen as a rally in Asian stocks boosted demand for higher-yielding assets. The kiwi also edged higher against its U.S., European and Australian counterparts.
(RTTNews) - The Australian dollar firmed up on Thursday morning in Asia as a surge in regional stocks and an extended rally of gold price gave investors confidence to stay on holding the riskier-assets.