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Yellen leads picks for Fed seat (Reuters)

Friday, March 12, 2010 15:53

Reuters - San Francisco Federal Reserve Bank President Janet Yellen, a monetary policy dove, tops President Barack Obama's list to be No. 2 at U.S

Texas ed board adopts social studies standards 
    (AP)

Texas ed board adopts social studies standards (AP)

Friday, March 12, 2010 15:37

AP - The Texas State Board of Education agreed to new social studies standards on Friday after the far-right faction wielded its power to shape the lessons that will be taught to millions of students on American history, the U.S. free enterprise system, religion and other topics.

US retail sales beat blizzards with surprise rise 
    (AFP)

US retail sales beat blizzards with surprise rise (AFP)

Friday, March 12, 2010 15:09

AFP - The storied American consumer braved blizzards and economic headwinds to shop in February, unexpectedly pushing up retail sales for the second straight month, official data showed Friday.

Louisiana job outlook improves somewhat in January (AP)

Friday, March 12, 2010 15:08

AP - Louisiana's job picture improved somewhat in January, despite the loss of retail jobs for the Christmas season and jobs temporarily held by students, the Louisiana Workforce Commission reported Friday.

Slow financial regulatory reform irks industry (Reuters)

Friday, March 12, 2010 14:54

Reuters - The pace of financial regulatory reform remains slow even as the global economy struggles to recover from a crisis that many say was caused by inadequacies in the current system, attendees at an annual financial conference said this week.

Obama eyes dovish policymaker as Fed number two 
    (AFP)

Obama eyes dovish policymaker as Fed number two (AFP)

Friday, March 12, 2010 14:46

AFP - US President Barack Obama is giving "strong consideration" to nominating San Francisco regional central bank chief Janet Yellen as Federal Reserve Board number two, the White House said Friday.

Young war veterans returning home to unemployment (AP)

Friday, March 12, 2010 14:40

AP - The unemployment rate last year for young Iraq and Afghanistan veterans hit 21.1 percent, the Labor Department said Friday, reflecting a tough obstacle combat veterans face as they make the transition home from war.

Retail sales rise as shoppers fight winter blues 
    (Reuters)

Retail sales rise as shoppers fight winter blues (Reuters)

Friday, March 12, 2010 13:27

Reuters - U.S. retail sales rose unexpectedly last month despite heavy snow storms and a drop in vehicle purchases by consumers spooked by Toyota recalls, bolstering hopes of a sustainable economic recovery.

Official: Obama wants Yellen as Fed vice chair 
    (AP)

Official: Obama wants Yellen as Fed vice chair (AP)

Friday, March 12, 2010 13:14

AP - President Barack Obama wants to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, an administration official said Friday.

Feb. retail-sales report offers positive surprise 
    (AP)

Feb. retail-sales report offers positive surprise (AP)

Friday, March 12, 2010 12:03

AP - Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up purchases. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum.