18231 Stories, most recent news story added Thu Nov 26, 12:15 pm ET
Spots urging shoppers to use their credit cards wisely will be shown on big screens in 12 U.S. cities, including Long Beach. The central bank has long been accused of neglecting its consumer protection duties. The Federal Reserve isn't too popular these days, what with its failure to predict or prevent the financial crisis and recession, not to mention its involvement in last year's bailouts ...
In response to criticism, The Federal Reserve closed a loophole that allowed a director at Goldman Sachs to be a director of the New York Fed as the agency was bailing out Wall Street.
Washington (dpa) - The Federal Reserve Tuesday raised its growth forecasts for the U.S. economy, but warned that unemployment in the United States will remain for some time at its highest levels in a generation.
Banks should delay bonus payments for as much as five years and have the power to “claw back” awards, Walker, 69, said in his final report on improvements to U.K. corporate governance released today.
WASHINGTON (Reuters) - The Federal Reserve said on Wednesday it will no longer allow directors at regional Fed banks to own shares in financial firms, following controversy over a former Goldman Sachs CEO who bought that firm's stock while leading the New York Fed's Board.
Nov. 26 (Bloomberg) -- The Federal Reserve is trying to avoid potential conflicts of interest among its regional-bank directors after coming under fire for the former New York Fed chairman’s ties to Goldman Sachs Group Inc.
The Federal Reserve on Wednesday tightened the conflict of interest restrictions governing the boards of directors of its 12 regional banks.
Manufacturing in a seven-state region including Oklahoma showed growth in November, and producers surveyed said they are more optimistic than any time this year about the next few months.
Nov. 26 (Bloomberg) -- The dollar dropped to a 14-year low against the yen as signs of a global economic recovery and speculation the Federal Reserve will keep interest rates low decreased demand for the U.S. currency.
The dollar slid to a 15-month low against the euro Wednesday as investors fled the safe haven currency on upbeat U.S. economic reports, while markets absorbed the U.S. Federal Reserve's indication that interest rates will remain at super-low levels for a while yet and that it was not overly concerned by the U.S. currency's decline.
Nov. 26 (Bloomberg) -- The dollar traded near a 14-year low against the yen as signs of a global economic recovery and speculation the Federal Reserve will keep interest rates low decreased demand for the U.S. currency.
The dollar tumbled to a 14-year low against the yen Thursday as investor concerns about the debt problems afflicting Dubai prompted a rush towards safe haven assets, like the Japanese currency.
Movie-theater audiences can add another item to the list of things to expect before the film begins: Federal Reserve advice about credit- card use.
President Barack Obama is paying a price for a recession that began before he took office, and fellow Democrats have started to balk at his legislative agenda and demand greater efforts to create jobs.
The Federal Reserve on Wednesday tightened the conflict of interest restrictions governing the boards of directors of its 12 regional banks. The new rules were passed to deal with potential conflicts such as one that involved Stephen Friedman, a former chairman of Goldman Sachs Group Inc. The requirements take effect immediately and spell out the obligations of directors with ties to financial ...
The Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency.
