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BusinessWeek
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Why the Federal Reserve's 'loan' for the Bear Stearns deal looks like an investment—and faces serious scrutiny
The Federal Reserve has stretched its mandate up, down, and sideways to prevent a financial market deluge. Now it appears to be stretching..
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MSNBC
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The Federal Reserve, in an extraordinarly rare weekend move, took bold action Sunday evening to provide cash to financially squeezed Wall Street investment houses, a fresh effort to prevent a spreading credit crisis from sinking the U.S. economy.
The c..
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Reuters
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The U.S. Federal Reserve added a total of $41 billion in temporary reserves to the banking system on Thursday, the biggest single day of such injections since September 2001.
The Fed's infusions may reflect the central bank's efforts to bring the feder..
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CNN
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The Federal Reserve lowered the target for a critical short-term interest rate by a quarter of a point Wednesday, citing continued concerns about weakness in the housing market.
But the Fed indicated that it is also worried about inflation, a sign that..
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CBC
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A booming Canadian economy generated such big tax revenues this past year that the federal budget surplus approached $14 billion, Prime Minister Stephen Harper said Thursday.
The final surplus for the 2006-07 fiscal year came in at $13.8 billion, Harpe..
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MSNBC
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The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
The new guidelines are not mandatory, but the regulators expressed th..
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MSNBC
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Consumers have no idea how reliable their cell phone service will be when they buy a phone and sign a long-term contract. The Federal Communications Commission could offer some guidance, but it won't. The agency refuses to make public a detailed database..
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MSNBC
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For students who need to borrow for college, federal loans are almost always the best deal. But a new study finds that more than 1 million community college students — a disproportionate number of them minorities — can’t get such loans because their..
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MSNBC
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Federal regulators on Monday ordered inspections for hundreds of Boeing jetliners over potential problems with wing de-icing systems, certain planes' main landing gear and the oxygen masks used by passengers.
None of the three airworthiness directives..
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BusinessWeek
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No better time than tax day for Ancestry.com to announce it's including access to federal income tax records—dated 1862-1918—for subscribers
The year is 1865. Andrew Carnegie steps out of his carriage sporting a gold watch. At home in Carnegie's Pe..
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MSNBC
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Federal Reserve Chairman Ben Bernanke said Thursday that regulators must move ahead on ways to prevent a future financial crisis from occurring even as they battle one that threatens to plunge the country into recession.
“We do not have the luxury of..
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MSNBC
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Governors are debating priorities if Congress takes up a second stimulus package, with some state leaders pushing for federal money to repair roads, water systems and bridges.
Governors hoped to raise the issue of infrastructure on Monday with Presiden..
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MSNBC
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U.S. economic growth has stalled and recovery may take longer than usual, former U.S. Federal Reserve chairman Alan Greenspan said on Monday.
"As of right now, U.S. economic growth is at zero," Greenspan said at an investment conference in Jeddah, Saud..
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BBC News
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Federal Reserve chairman Ben Bernanke has warned that the outlook for the US economy is deteriorating.
He said the housing and credit market turmoil had hit the economy and added that a weak labour market could further undermine consumer spending.
G..
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BusinessWeek
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In Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve, William A. Fleckenstein takes tough shots at the former Fed chairman. The hedge fund manager and writer of the online column Contrarian Chronicles studied transcripts of Fed meetings and..
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MSNBC
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Just one week after an emergency three-quarter-point interest rate cut to calm jittery global financial markets, the Federal Reserve’s rate-setting committee sits down Tuesday to figure out its next move.
While many investors are expecting another ag..
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MSNBC
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The Federal Reserve is likely to follow its bold action last week to battle an economic downturn with a further interest rate reduction Wednesday, although analysts are split on just what size the future cuts will be.
Some believe the Fed will settle i..
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BusinessWeek
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The Federal Reserve's expected rate cut won't necessarily stimulate growth and protect the U.S. economy from the threat of recession
The Federal Reserve's rate-setting committee is widely expected to cut the target federal funds rate by a quarter perce..
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BusinessWeek
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Investors digested the latest employment numbers as they await Tuesday's Federal Reserve meeting
Stocks reacted with a shrug to a much-anticipated jobs report Friday. Major indexes barely moved after U.S. nonfarm payrolls largely met expectations, risi..
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Los Angeles Times
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Wall Street advanced sharply Tuesday as investors interpreted minutes from the Federal Reserve's last meeting as indicating the central bank was ready to keep cutting interest rates to boost the economy. The Dow Jones industrial average and Standard & Poo..
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