FEDERAL RESERVE

Should the United States tolerate slightly higher inflation, in order to have the economy grow at a faster rate and create more jobs?

Canada wants its central bank governor, Mark Carney, to become head of the Financial Stability Board, the country's finance minister said on Monday days after a highly publicized clash between Carney and one of the world's most powerful bankers.

Gold headed for its largest one-day rise in nearly a month on Monday and silver climbed almost 5 percent after Greece warned it will miss deficit targets set to avoid bankruptcy, unleashing a sell-off in equities and commodities.

If Herman Cain wins next November, he would be the first president in United States history to take office with no political or military experience whatsoever.

Gold headed for its third straight daily rise on Monday, having in September posted its largest monthly slide since 2008, after Greece warned it will miss deficit targets set to avoid bankruptcy, unleashing a sell-off in equities and commodities.

More than three years after the financial crisis struck, the U.S. economy remains stuck in a consumer debt trap.

U.S. stocks are the asset class to be in, Jeremy Siegel, a Finance Professor at the Wharton School of the University of Pennsylvania, told CNBC.

The Federal Reserve will act if the economy weakens further and has the tools to do so, a top Fed official said on Friday.

Their goal was this: 'Move in' and Occupy Wall Street for a little bit, flood lower Manhattan with peaceful protestors and fill it with bedding and kitchens and demonstration signs. Their motive was to show that 'We the 99% are fed up with the greed and corruption of the 1%.

Bank of America (NYSE: BAC) would now charge a $5 monthly fee for debit card usage as Dodd-Frank Act's Durbin amendment would become effective Oct. 1.

Bank of America will charge debit-card users $5 a month in response to new federal regulations that could cost the company up to $2 billion in annual revenue, it announced on Thursday.

Gold prices hovered in a tight range Thursday as bullish and bearish forces pinned the yellow metal to a virtual standstill.

The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval to strengthen the euro zone's crisis fund, while big-cap Internet shares dragged on the Nasdaq.

Bank of America Corp. plans to impose a $5 monthly fee starting early next year on customers who make purchases on their debit cards.

Two economic reports released Thursday may give encouragement to the U.S. stock market's bull, or those who calculate the market is headed higher -- initial jobless claims plunged 37,000 to 391,000 last week and U.S. GDP in second quarter was revised slightly higher, to 1.3 percent from 1.0 percent.

Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank might need to ease monetary policy further if inflation or inflation expectations fall significantly.

The Federal Reserve's move last week to further lower borrowing costs was risky and won't significantly speed up a painfully protracted recovery, one of the officials who dissented against the decision said on Thursday.

The Federal Reserve's move last week to further lower borrowing costs was risky and won't significantly speed up a painfully protracted recovery, one of the officials who dissented against the decision said on Thursday.

Stock index futures rose on Thursday after a German vote approving new powers for the euro zone's crisis fund was approved and before data on U.S. economic growth and the labor market.

U.S. Federal Reserve Chairman Ben Bernanke said Wednesday the United States should take a que from robust emerging market economies and support strong GDP growth through responsible fiscal policy.

U.S. Federal Reserve Chairman Bernanke speech Wednesday at the Cleveland Clinic 'Ideas for Tomorrow' Series: