U.S. stock index futures gained on Monday, taking a cue from rising global markets, as a weaker dollar lifted commodities prices in a potential boost to natural resource stocks.
U.S. stock index futures gained on Monday, taking a cue from rising global markets, as a weaker dollar lifted commodities prices in a potential boost to natural resource stocks.
After an $81 billion refunding this week, the U.S. government securities market turns its attention in the coming week to the state of the economy and what that portends for Federal Reserve monetary policy.
Warren Buffett, perhaps the world's most admired investor, said on Thursday the financial panic that gripped the globe last year is a thing of the past, even as the U.S. economy's struggles persist.
The U.S. Federal Reserve on Thursday banned overdraft fees on automated-teller-machine and debit-card transactions unless consumers have actively selected an overdraft protection service.
The U.S. Federal Reserve on Wednesday expressed growing confidence that an economic recovery was building, even as it stuck to its commitment to keep borrowing costs near zero for an extended period.
With America still in a defensive crouch after a crushing recession and financial meltdown, the U.S. Federal Reserve is unlikely to soften its promise of rock bottom interest rates soon.
When it comes to borrowing trillions of dollars, it helps to have a golden reputation, a steady income stream, and plenty of rich, trusting friends.
Federal Reserve Chief Ben Bernanke, seeking policy solutions to manage financial risks as the nation exits a severe economic crisis, on Friday stressed the critical need for Congress take action to tighten finance laws and give greater powers to the government's financial supervisors.
U.S. Federal Reserve Chairman Ben Bernanke on Friday laid out his most detailed description yet of the central bank's post-crisis approach to regulation and said requiring big banks to hold more capital was under consideration.
U.S. Federal Reserve Chairman Ben Bernanke said on Friday regulators are considering a capital surcharge on large banks as one way to reduce the risk any one firm's problems could destabilize the financial system.
U.S. Federal Reserve Chairman Ben Bernanke said on Friday regulators are considering a capital surcharge on large banks to reduce the risks that any one firm's problems could destabilize the financial system.
Interviews with dozens of lobbyists, banking industry insiders, and high-level regulators suggests that the Fed incursion into excessive pay stems more from political expediency than financial concerns. This, many say, raises serious questions about the central bank's independence.
The U.S. Federal Reserve issued bank pay guidelines on Thursday to curb the type of excessive risk-taking it said contributed to the crisis that nearly collapsed the financial system last year.
Hedge-fund manager David Einhorn, who warned about Lehman Brothers' precarious finances before it collapsed, said on Monday he's betting on rising interest rates and holding gold as a hedge for what he described as unsound U.S. policies.
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian export-promotion policies and large U.S. budget deficits could refuel global economic imbalances and put efforts to achieve more durable growth at risk if not curbed.
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that pursuit of export-led growth by Asian nations could lead to a reemergence of global trade imbalances and undercut efforts to achieve more durable growth.
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian policies promoting exports could lead to a reemergence of imbalances in trade and capital flows, which some believe helped fuel the U.S. housing bubble.
The dollar remained near a 14-month low against the euro on Monday as investors bet the Federal Reserve will hold U.S. interest rates near zero well into next year. The euro traded within half a cent of $1.50, a level not seen since August 2008, though analysts said investors would be on alert for any comments about excessive euro strength from a euro zone finance ministers' meeting later in the day.
Bernanke's Imbalances; $5 billion Derivatives Takeover Deal; Google's App Boast
The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said on Sunday at a Fed conference on Asia.
The dollar gained for the second straight session against the yen on Monday, rising to a more than two-week high, with traders covering short positions as they debated the timing of a tightening in U.S. monetary policy though some investors remained cautious.
