Articles For News

AP - The feeble economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing.

Reuters - U.S. Federal Reserve Chairman Ben Bernanke said he was partly to blame for leaving the wrong impression that the central bank could have saved Lehman Brothers from failure in 2008.

AP - Union leaders said Wednesday they will mobilize millions of members in 26 states with a message about "economic patriotism" as they try to help Democrats hold onto their majority in the House and Senate.

Reuters - The U.S. Federal Reserve is committed to keeping the price of money low until the economic recovery strengthens, but should not do more to boost growth without fiscal and regulatory policies that support businesses, a top Fed official said on Wednesday.

AP - Federal Reserve Chairman Ben Bernanke will testify this week about his role in the bank bailouts that sent billions of taxpayer dollars to banks deemed "too big to fail."

AP - Americans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy.

Reuters - Federal Reserve Chairman Ben Bernanke and bank regulator Sheila Bair will testify this week before a panel exploring the causes of the financial crisis.

AP - Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills dropping to the lowest level in two months while rates on six-month bills rose.

Reuters - Pakistan ordered fresh evacuations from Sindh on Thursday as the country struggled to bring relief to millions already displaced by flooding and sought international help to rescue its economy.

Reuters - Central bankers from around the world will assess a darkening economic outlook at their annual U.S.