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Dec. 7 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds,” including a weak labor market and tight credit that are likely to produce a “moderate” pace of expansion.
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Dec. 8 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is prescribing “poison” to the U.S. economy by keeping interest rates near zero and fueling a wave of speculative capital that may cause the next global crisis, former Morgan Stanley chief Asian economist Andy Xie said.
Dec. 9 (Bloomberg) -- Pacific Investment Management Co., which manages the world’s biggest bond fund, said “more dollar weakness should be expected,” and declines in its value may help redress global economic imbalances and spur growth in the U.S. economy.
Dec. 7 (Bloomberg) -- Treasuries advanced, with two-year notes gaining the most in over five weeks, as Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “significant headwinds” and inflation “could move lower.”
The U.S. economy has recovered slightly in recent months, but Cornell economist Steven Kyle predicts that 2010 will bring flat growth, high unemployment rates unlikely to budge, and continued turmoil in the housing market.
WASHINGTON — President Barack Obama set out fresh plans Tuesday to reinvigorate the U.S. economy, focusing on incentives to small businesses and hiring to bring down what he called the "staggering" 10 percent unemployment rate. New Obama plans: 'spend our way out' of downturn
America needs a national economic goal, which begins with reforming the nation's trade policies that are hemorrhaging this country's jobs and treasure overseas, said Michael Stumo of the Coalition for a Prosperous America.
The trade deficit, new home buyer tax credits and Federal Reserve support for the mortgage market threaten a double dip recession. More than anything, U.S. businesses need customers -- people buying American-made goods and services -- to hire workers and continue the economic recovery.
Redirect war funds to U.S. economy, job creation Jim Brasfield - Collierville, Tenn. I could not agree more with commentary writer Al Neuharth's column "Didn't Obama learn history at Harvard?". I am sorely disappointed that after nearly a year in...
Chairman of the United States Federal Reserve Ben Bernanke gave a speech at the Economic Club of Washington on Monday.
Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates.
Dec. 8 (Bloomberg) -- German stocks swung between gains and losses before a report on industrial production and as Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds.”
Asian stock markets fell Tuesday after the Federal Reserve's chief warned the U.S. economy would continue to struggle and Japan unveiled billions in new stimulus spending to prevent a lurch back into recession.
Dec. 8 (Bloomberg) -- Japanese stocks fell after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds” and the dollar weakened against the yen, fanning concern a six-day rally in equities was overdone.
Dec. 8 (Bloomberg) -- Most Asian stocks fell after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds,” and Japan unveiled an $81 billion stimulus program. The U.K. pound weakened.
Dec. 8 (Bloomberg) -- Most Asian stocks fell after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds,” and Japan unveiled an $81 billion stimulus program.
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