Federal Reserve System

The World

New economic figures: ‘non-end-of-the-world-data-flow’

Unemployment numbers released today place the unemployment rate holding steady at 9.6 percent, but nonfarm payrolls are up 151,000. Yahoo Finance economics editor and columnist Dan Gross deciphers the numbers for us.

The World

Quantitative easing: the fed’s latest attempt to improve the economy

Global Politics

Janet Yellen appears to have open path to leadership of Federal Reserve

Global Politics

Summers Withdraws from Race to Lead Federal Reserve

Debate picks up over two leading contenders for Federal Reserve chairmanship

Global Politics

U.S. Federal Reserve takes steps to bolster flagging economy

The Federal Reserve’s Open Market Committee is hoping to cut unemployment by injecting more capital into the economy. This is third attempt by the Fed board to stimulate the economy and get people working again.

As Federal Reserve meets, eyes on further economic stimulus measures

Federal Reserve Chairman Ben Bernake has been signaling in recent days that it may be time for another round of economic measures to bolster the economy. The board of the federal reserve meets on Tuesday, and eyes are on Bernake to see if he’ll move now.

Politicians surprise, reach bipartisan agreement on six-month budget extension

Global Politics

With an election just a few months away, U.S. elected officials reached an agreement on how to fund government operations through the end of March. The bipartisan agreement surprised many, as budget decisions in recent years have led to protracted negotiations.

Banks have counter-intuitive problem: Too much money and nowhere to put it

As consumers try to find safe places for their cash, they’re putting banks in a pickle. Banks actually pay to keep you cash and because they’re not lending it or investing it, it’s costing them money.

Some regional banks doing just fine

Not all banks are created equal — some smaller banks have taken a more personal approach to helping people get the loans they need.