Federal Reserve

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Sanders Says No to a Second Term for Federal Reserve Chief

Fox News - Sun Nov 29, 1:16 pm ET

Sanders Says No to a Second Term for Federal Reserve Chief

News Stories

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Sunday Memo
Seattle Times - Sun Nov 29, 3:22 am ET
Heads up: Will the U.S. unemployment rate keep climbing? We'll find out Friday when the November figures are released.
Extended lack of work takes its toll on county families
Everett Herald - Sun Nov 29, 3:15 am ET
Barbara Headrick reached the pinnacle of frustration when she applied for a sales job with Harry & David, the fruit-basket distributors. She didn't get it.
Gasoline prices up for holidays across the U.S.
Everett Herald - Sun Nov 29, 3:13 am ET
Gasoline prices dipped slightly as the Thanksgiving travel season began, but are still significantly higher than they were a year ago and are expected to remain so into the new year.
Mortgage rates fall to record-low level
Everett Herald - Sun Nov 29, 3:12 am ET
McLEAN, Va. — Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.
Plan afoot to break up megabanks
Fort Wayne Journal Gazette - Sun Nov 29, 3:09 am ET
Momentum is growing in the United States and abroad to deal with the problem of financial institutions deemed too big to fail by breaking them up so they're not so big in the first place.
Fed lending for emergency bank loans rises a bit
Jefferson City News Tribune - Sun Nov 29, 3:04 am ET
WASHINGTON (AP) -- Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week. The Fed said Friday that commercial banks averaged $19.9 billion in daily borrowing over the week that ended Wednesday. That's up $139 million on average from the previous week.
Feds plan to air tips on the big screens
The Durango Herald - Sun Nov 29, 2:34 am ET
WASHINGTON - Sneak previews of upcoming blockbusters. Snappy reminders to buy popcorn, and turn off all cell phones and pagers. Movie theater audiences can now add another item to the list of things to expect before the film actually begins: Federal Reserve advice about credit-card use.
Former Record reporter, editor Mark Pittman dies at age 52
Middletown Times Herald-Record - Sun Nov 29, 2:19 am ET
YONKERS — A former Times Herald-Record journalist who went on to become an award-winning financial reporter has died in Yonkers, according to Bloomberg News.
Let them eat stuffing
Cape Cod Times - Sun Nov 29, 2:18 am ET
Commentary by Steven Pearlstein of The Washington Post
Run-up in prices for metals has raised fears of a bubble
Omaha World-Herald - Sun Nov 29, 2:17 am ET
With some metals prices up more than 100 percent this year, analysts are warning commodity investors to be wary of a bubble.
Financier ran Ponzi scheme, feds say
The Indianapolis Star - Sun Nov 29, 1:40 am ET
Authorities accuse Timothy Durham of defrauding investors, move to seize properties, bank accounts.
Farm briefs
Amarillo Globe-News - Sun Nov 29, 1:33 am ET
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Mark Pittman, Reporter Who Foresaw Subprime Crisis, Dies at 52
Bloomberg - Sun Nov 29, 1:16 am ET
Nov. 28 (Bloomberg) -- Mark Pittman , the award-winning investigative reporter whose fight to open the Federal Reserve to more scrutiny led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52.
The Credit Squeeze
The Eagle-Tribune - Sun Nov 29, 1:16 am ET
Cash, credit or debit? That seems to be the question these days as shoppers crowd local stores looking for holiday bargains or buying presents from their children's wish lists. And more and more, people are staying away from credit cards and moving toward cash or debit/ATM cards as a way to control costs and avoid costly fees and higher interest rates.
Bernanke speaks out on reforms
The Sarasota Herald-Tribune - Sun Nov 29, 1:12 am ET
The Associated Press The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle crises and politicize monetary policy.