TheRepublic.com - Federal Reserve System News

Stock indexes head higher in afternoon trading

Tue, 21 May 2013 13:38:07 -0400

NEW YORK - The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter.

Markets choppy ahead of Bernanke testimony

Tue, 21 May 2013 13:01:59 -0400

LONDON - Markets were choppy Tuesday as investors remained cautious in the run-up to a much-anticipated statement from U.S. Federal Reserve chairman Ben Bernanke.

Oil slips as traders wait for Fed, supply data

Tue, 21 May 2013 12:21:25 -0400

NEW YORK - The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.

Bernanke forecasts gains from computer technology

Sat, 18 May 2013 11:28:06 -0400

WASHINGTON - Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Bank of Montreal ordered to fix oversight lapses

Fri, 17 May 2013 17:52:46 -0400

WASHINGTON - Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering.

US wholesale prices fall 0.7 pct., most in 3 years

Wed, 15 May 2013 16:32:43 -0400

WASHINGTON - Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame.

Experts: Smartphones another avenue for hackers

Wed, 15 May 2013 12:26:56 -0400

MIAMI - Smartphones are increasingly popular not only with consumers, but also with thieves who see the devices as another way to tap into bank accounts and other sensitive information, experts say.

Federal Reserve says farm income weaker in 1Q

Wed, 15 May 2013 11:59:05 -0400

OMAHA, Nebraska - The Federal Reserve says farm income growth slowed across the Plains and western states in the first quarter as costs increased and the drought lingered.

Bernanke says Fed increasing financial monitoring

Fri, 10 May 2013 11:58:10 -0400

WASHINGTON - The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday.

Fed says mistakes made in mortgage settlement

Wed, 08 May 2013 19:28:35 -0400

WASHINGTON - Some 96,000 borrowers who received checks to compensate them for wrongful foreclosures on their mortgages will be getting an additional check to correct for errors in the initial payment, the Federal Reserve announced Wednesday.

Dow closes above 15,000 for first time; what next?

Wed, 08 May 2013 03:39:18 -0400

NEW YORK - The Dow Jones industrial average closed above 15,000 for the first time Tuesday.

US consumers cut back on credit card use in March

Tue, 07 May 2013 16:22:09 -0400

WASHINGTON - Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases.

US consumers cut back on credit card use in March

Tue, 07 May 2013 16:04:19 -0400

WASHINGTON - Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases.

Buffett: Stocks still reasonable but bonds awful

Mon, 06 May 2013 14:58:50 -0400

OMAHA, Nebraska - Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for most people.

Warren Buffett offers advice on investing and life

Sun, 05 May 2013 17:30:08 -0400

OMAHA, Nebraska - Billionaire Warren Buffett dispensed plenty of advice on investing and life during this weekend's Berkshire Hathaway shareholders meeting.

Fed keeps stimulus, says taxes and cuts have hurt

Wed, 01 May 2013 19:43:35 -0400

WASHINGTON - The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy.

US consumers keep spending despite higher taxes

Mon, 29 Apr 2013 12:33:23 -0400

WASHINGTON - This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase.

US consumers keep spending despite reduced pay

Mon, 29 Apr 2013 09:39:33 -0400

WASHINGTON - This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase.

MetLife raises dividend for first time since 2007

Tue, 23 Apr 2013 13:03:40 -0400

NEW YORK - Insurer MetLife Inc. said Tuesday it is raising its quarterly dividend to 27.5 cents from 18.5 cents.

Bernanke to miss conference, hinting at departure

Tue, 23 Apr 2013 00:04:33 -0400

WASHINGTON - Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyoming