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Over 600 economists back Fed Governor Cook as Trump attempts ousterNearly 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank independence...- Fed's 'golden path' to lower inflation may have some potholesFederal Reserve officials at the National Association for Business Economics (NABE) annual meeting discussed their belief in finding a mone...
- Dollar mixed in Asian tradeThe US dollar was mixed in Asian trade Thursday as the latest shakeup in President Barack Obama's economic team put pressure on the currenc...
- Recession has left huge hole: ObamaUS President Barack Obama said Friday the "hole" left by the worst recession in decades was "huge" and admitted the recovery had been "pain...
- White House confident in EU over Greece crisisThe White House said Tuesday it was confident that the European Union was capable of handling a financial crisis unleashed by Greece's huge...
- White House lauds jobs data as step in right directionNew unemployment figures showing the US surprisingly lost just 11,000 jobs in November showed the stricken economy was "moving in the right...
- High US employment rate may start from early 2010: GeithnerThe US economy is suffering the deepest recession in decades with crushing unemployment of just under 10%. More on Financial crisis | Berna...
- White House sees a long road ahead for full economic recoveryNew figures showing the United States exited recession are a “welcome milestone”, but a long road remains before the economy recovers fully...
- How close did we come to the Great Depression 2.0?What distinguishes a depression from a recession is paralysing fear of the unknown. 10 most trade-friendly economies | More on Financial cr...
- Obama says economy showing 'glimmers of hope'President Barack Obama says the economy is starting to show "glimmers of hope."
- Oil prices up in Asian trade, driven by financial marketsOil prices rose in Asian trade on Monday, driven by optimism in the financial markets ahead of an expected US government announcement of a ...
- Republicans predict doomsday if Obama budget passedRepublicans predicted eventual federal bankruptcy if Obama's massive spending blueprint wins passage. What if the govt bailed out of bailou...
- Obama sees 'flickers of hope' for US economyObama said there is hope for US economy as his administration readied a big-spending plan to clear toxic assets off banks' books. US bank f...
- AIG bonus bill runs into Senate objectionsTop US senators expressed disquiet over a populist bill aimed at taxing nearly all of AIG-style bonuses. US bank failures | Top 20 Global B...
- Romer says $100 billion for toxic assetsA top economic adviser to President Obama says govt plans to leverage $100 bn to ease fallout on the US financial system from banks' bad as...
- US will fix banks and win 'economic war': OfficialsPresident Barack Obama's economic advisors denied on Sunday they were moving too slowly to fix the stricken US banking industry, and insist...
- Obama adviser says US is in 'economic war'A top presidential adviser says the US is in an economic war - one that is not being won yet.
- List of members of Obama's future cabinetHere is a list of those tapped so far to be members of president-elect Barack Obama's cabinet and administration when he is inaugurated on ...
- Obama nominates Geithner for treasuryPresident-elect Barack Obama on Monday unveiled his economic team, with Timothy Geithner as Secretary of the Treasury and Lawrence Summers ...
- How to put meaning in worthless Fed forecastsIn the past, the US Federal Reserve operated under a cloak of secrecy. Today, the deliberations and forecasts of the members are available ...
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