BEN BERNANKE

Federal Reserve Chairman Ben Bernanke pauses during a news conference following a two-day policy session in Washington

Fed Focused Intently on Job Creation: Bernanke

Spurring stronger growth and more robust job creation in the weak recovery are top priorities for the Federal Reserve, Chairman Ben Bernanke told a military audience at a rare public forum on Thursday.

Futures sink on growing euro zone worry

IBTimes Logo
Stock index futures tumbled on Wednesday as a spike in Italian bond yields fueled fears the country will need a bailout, ratcheting up the region's debt crisis to another level.
Traders work on the floor of the New York Stock Exchange

Futures Tumble on Rising Italy Worry

Stock index futures tumbled on Wednesday as a spike in Italian bond yields sparked fears the country will need a bailout, ratcheting up the region's debt crisis to another level.
More news
IBTimes Logo

Job growth could hint at some improvement

U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.
Job candidates receive information as they enter a Jobs Fair in Miami

U.S. Job Growth Could Hint at Some Improvement

U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.
IBTimes Logo

Chaos over Greek euro role roils markets

Chaos over Greece's role in the euro zone swept financial markets on Thursday with early losses in stocks and the euro turning to gains on hopes Athens might ditch its referendum plans.
IBTimes Logo

Fed lowers GDP forecast, mulls more action

The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery.
IBTimes Logo

Wall Street on edge over Greece but Bernanke soothes

Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe's debt crisis.
Federal Reserve Chairman Ben Bernanke

Fed Lowers GDP Forecast, Holds Policy Steady

The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggested Europe's debt crisis posed big downside risks to the U.S. economy.
IBTimes Logo

Fed holds fire, lone dissenter wanted more easing

The Federal Reserve left monetary policy on hold on Wednesday and offered a moderately brighter economic outlook, but it flagged risks to growth that appeared to leave open the door for further easing.
IBTimes Logo

Wall St gains on jobs data, eyes on Greece, Fed

Upbeat job market data helped stocks bounce off two days of losses on Wednesday, with a crisis meeting about Greece and the end of a U.S. monetary policy session also on investors' minds.
Chairman of the Federal Reserve Ben Bernanke

Fed to Hold Steady Despite Global Risks

The Federal Reserve looks set to take a breather from monetary stimulus measures on Wednesday, even if financial market turbulence heightens the chances of action later.

Loonie strengthens as markets await Fed

The Canadian dollar strengthened against its U.S. counterpart in early trade on Wednesday as global markets settled between hope and fear amid Greek debt developments and ahead of a Federal Reserve meeting.
IBTimes Logo

Futures rise with Greece, Fed in view

Stock index futures edged higher on Wednesday, following two days of sharp market losses, with developments in Greece and a U.S. monetary policy meeting in focus.
Traders work on the floor of the New York Stock Exchange

Futures Edge up With Focus on Greece, Fed

Stock index futures edged higher on Wednesday, following two days of sharp market losses, with developments in Greece and a U.S. monetary policy meeting in focus.
IBTimes Logo

Small Business Borrowing Rises: PayNet

The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly double-digit increase in a fresh sign the economy is set to grow at a stable pace.
Gold bars

Gold Rises on Deepening Eurozone Crisis

Gold firmed on Wednesday, helped by safe-haven demand as the Eurozone troubles deepened and business surveys showed the severe impact the crisis had on manufacturing in the region.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.