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Ben Bernanke

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  • Yellen: Greatly concerned by widening inequality Friday, 17 Oct 2014 | 8:31 AM ET

    WASHINGTON— Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake. The growing gap between the rich and everyone else narrowed slightly during the Great Recession but has since accelerated, Yellen said in a...

  • Fed Reserve Chair tours Boston-area job center Thursday, 16 Oct 2014 | 2:19 AM ET

    CHELSEA, Mass.— Federal Reserve Chair Janet Yellen, who has been using her first year in the role to draw attention to employment issues, visited a local career center on Thursday to hear from residents about the challenges of finding jobs in today's labor market. The central bank's first female head is in Massachusetts to give the keynote address at the Federal...

  • Volatility will remain high as the U.S. moves to raise rates, and could pose difficulties for emerging markets, Mexico’s Finance Minister said.

  • WASHINGTON, Oct 10- Of all the key government players involved in saving the U.S. economy from collapse back in the autumn of 2008, Edward Quince has hardly earned a mention. The Wall Street Journal, which earlier on Friday reported Bernanke's alias, said the Fed's general counsel testified that the former Fed chairman used the name during the financial crisis to...

  • After-hours buzz: AMZN, SYMC & more Thursday, 9 Oct 2014 | 5:02 PM ET
    Traders work the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after hours buzz: AMZN, SYMC & more.

  • Bernanke testifies in AIG trial     Thursday, 9 Oct 2014 | 4:20 PM ET

    CNBC's Mary Thompson reports former Fed chair Ben Bernanke appeared slightly combative and vaguely annoyed at questioning. John Levin, CEO of Levin Capital Strategies, provides insight.

  • WASHINGTON, Oct 9- Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, in a fourth day of testimony by former top government officials looking to convince a federal judge that the rescue of the insurance company was legal. Former AIG Chief Executive Hank...

  • CNBC's Mary Thompson reports former Treasury Secretary Timothy Geithner's testimony suggests AIG had no other options at the time of its government bailout.

  • Why markets fear a second 'taper tantrum'     Wednesday, 8 Oct 2014 | 2:45 PM ET

    CNBC.com's Jeff Cox explains a dire scenario that could keep Fed officials up at night: losing control of the interest rate structure.

  • This is the 'doomsday' bond market scenario Wednesday, 8 Oct 2014 | 11:56 AM ET

    The fear is that an exodus for the door along the same lines as the "taper tantrum" could crush the market.

  • AIG bailout trial: Geithner on the stand     Tuesday, 7 Oct 2014 | 10:34 AM ET

    CNBC's Mary Thompson reports former New York Fed president and Treasury Secretary Tim Geithner is on the stand answering questions about the AIG bailout.

  • DIARY - Top Economic Events to Oct 20 Monday, 6 Oct 2014 | 8:01 PM ET

    NEW YORK- World Business Forum in New York. Treasury Secretary Jack Lew talks about the global economy and the recent G20 finance ministers meeting in a discussion sponsored by the Peterson Institute- 1245 GMT. ALBUQUERQUE- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy before an economic forum hosted by the Federal...

  • WASHINGTON, Oct 6- Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis. "AIG, either fairly or unfairly,... became a symbol for all that is bad on Wall Street," Paulson said as he testified about...

  • WASHINGTON, Oct 6- Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis. "AIG, either fairly or unfairly,... became a symbol for all that is bad on Wall Street," Paulson said as he testified about...

  • AIG trial: Paulson's testimony     Monday, 6 Oct 2014 | 11:43 AM ET

    Former U.S. Treasury Secretary Henry Paulson's testimony wrapped up quicker than expected at the AIG bailout trial, reports CNBC's Mary Thompson.

  • Tough grilling over AIG bailout     Monday, 6 Oct 2014 | 9:50 AM ET

    CNBC's Mary Thompson reports on the big week ahead for the AIG bailout trial. Former Federal Reserve Chair Ben Bernanke; former U.S. Treasury Secretary Henry Paulson; and former Federal Reserve Bank of New York President Timothy Geithner, will take the stand this week.

  • AIG headquarters in New York City.

    CNBC's Mary Thompson reports former AIG CEO Hank Greenberg's trial against the U.S. government gets underway today.

  • Power Rundown: Jobs & US lending     Friday, 3 Oct 2014 | 1:39 PM ET

    CNBC's Sue Herera; Marc Morial, National Urban League; and Ron Christie, Christie Strategies CEO, look at today's "Power Lunch" stories, including the better than expected September jobs data.

  • Mortgage rates spike     Friday, 3 Oct 2014 | 1:10 PM ET

    CNBC's Diana Olick reports more jobs means mortgage rates are higher.

  • Ben Bernanke, I feel your pain! Friday, 3 Oct 2014 | 12:11 PM ET
    Ben Bernanke

    CNBC's Diana Olick says she knows exactly what Ben Bernanke went through when his bank refi bid was "unsuccessful."