GO
Loading...

Ben Bernanke

More

  • Fed's Rate Cuts May Do Long-Term Dollar Damage Thursday, 6 Mar 2008 | 12:12 PM ET

    By many measures, confidence in the dollar has never been lower, and some fear more Federal Reserve interest rate cuts will make matters worse by swelling inflation and undermining long-term U.S. economic health.

  • Is the Dollar Near the Bottom? Thursday, 6 Mar 2008 | 11:29 AM ET
    Euromuenzen liegen am Donnerstag, 20. September 2007, in Frankfurt am Main auf Dollarnoten, nachdem der Euro ein Allzeithoch von ueber 1,40 Dollar erreicht hatte. (AP Photo/Michael Probst) --- Euro coins are seen next to Dollar bills in Frankfurt, central Germany, Thursday, Sept. 20, 2007, after the Euro reached an all time high of more than 1,40 Dollar. (AP Photo/Michael Probst)

    The battered U.S. dollar may be near the bottom of its weakening cycle, but a recovery rally will take a while to materialize, because big uncertainties still hang over the U.S. economy, analysts told CNBC.com.

  • Jobless Claims Fell Last Week But Remain High Thursday, 6 Mar 2008 | 10:16 AM ET

    Fewer workers applied for unemployment benefits last week, but the number remaining on jobless aid stood at the highest level in nearly two and a half years.

  • Foreclosures Hit a Record; Pending Home Sales Steady Thursday, 6 Mar 2008 | 10:08 AM ET

    U.S. home foreclosures and the rate of homes entering the foreclosure process rose to record highs in the fourth quarter. Pending sales of previously owned homes were unchanged in January.

  • Fed Must Act to Stem Crisis, Pianalto Says Wednesday, 5 Mar 2008 | 8:39 PM ET
    Federal Reserve

    The global credit crisis creates big downside risks to an already softening economy that require bold action from the U.S. central bank, Cleveland Federal Reserve President Sandra Pianalto said on Wednesday.

  • Cramer's Buddy ED Wednesday, 5 Mar 2008 | 6:38 PM ET

    In this market, ConEd is everybody's friend. And the high dividend yield is only half the story.

  • My Rage: Bernanke and Borrowers' Principal/Principle Wednesday, 5 Mar 2008 | 2:38 PM ET
    Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 14, 2007, before the Senate Banking Committee hearing on monetary policy. (AP Photo/Dennis Cook)

    I’m enraged. Yep. ...Yesterday, Federal Reserve Chairman Ben Bernanke, in a speech to bankers in Orlando, Fla., said that the best way out of the foreclosure mess is not to modify all these delinquent loans but to actually reduce the principal. What?!

  • TEXT: Beige Book Wednesday, 5 Mar 2008 | 2:09 PM ET

    The full text of the Beige Book released by the Federal Reserve on March 5, 2008 and based on information collected on or before February 25, 2008.

  • Reader Poll: Recession Worse Than Inflation? Wednesday, 5 Mar 2008 | 1:12 PM ET

    By many measures, confidence in the dollar has never been lower, and some fear more Federal Reserve interest rate cuts will make matters worse by swelling inflation and undermining long-term U.S. economic health.

  • Stocks Close Mixed Amid Ambac Rumors Tuesday, 4 Mar 2008 | 4:38 PM ET

    Stocks declined Tuesday, with financials taking a beating after news of more fallout from the subprime mess at Citigroup. Energy stocks also fell as oil prices receded.

  • Financial Stocks Hit by Citi News; Oil Slides Tuesday, 4 Mar 2008 | 1:34 PM ET

    Stocks declined Tuesday after dismal corporate news about Intel and Citigroup.

  • Reader Poll: Your Credit Card Tuesday, 4 Mar 2008 | 1:26 PM ET

    U.S. regulators said they are watching credit cards for signs they may be the next trouble spots as strained financial markets constrain credit...

  • The Housing Bear Who Finally Got It Right Tuesday, 4 Mar 2008 | 12:52 PM ET

    Today I'm at the 2008 Luxury Summit in Beverly Hills, a large event where experts will talk about the good, the bad, and the really ugly trends at the high end of the market. I'll blog what I learn, especially as it relates to public companies like Tiffany and LVMH (which trades in Europe).

  • Bernanke: More Must Be Done to Stem Foreclosures Tuesday, 4 Mar 2008 | 11:53 AM ET
    Federal Reserve Board Chairman Ben Bernanke.

    Federal Reserve Chairman Ben Bernanke called Tuesday for additional action to be taken to prevent more distressed homeowners from falling into foreclosure.

  • I have to say I’ve been confused over the last few months. Treasury officials, big lenders like Countrywide, and President Bush keep telling me that everybody is now working together to stop foreclosures, to modify loans, to keep Americans in their homes.

  • Banks Facing More Fallout From the Housing Crisis Tuesday, 4 Mar 2008 | 11:05 AM ET

    Three top government officials--including Fed Chairman Ben Bernanke--signaled that the expanding housing crisis is likely to take an even bigger toll on banks.

  • Stocks Slide After Intel, Citi News Tuesday, 4 Mar 2008 | 10:32 AM ET

    U.S. stock index futures pointed lower Tuesday, with no major data expected and with corporate news adding to investors' gloomy mood.

  • TEXT: Bernanke's Speech Tuesday, 4 Mar 2008 | 9:19 AM ET

    The text of a speech by Federal Reserve Chairman Ben Bernanke on Reducing Preventable Mortgage Foreclosures given on March 4, 2008 in Orlando, Florida.

  • The banking industry, a source of pain for the markets since the credit crunch began, is center stage in today's trading. Citigroup shares this morning are getting whacked after Merrill Lynch slashed earnings estimates and said Citi could take another big writedown.

  • McCain Must Get Behind King Dollar Monday, 3 Mar 2008 | 1:26 PM ET

    If Sen. John McCain wants to run as a candidate of change, and if he’s truly interested in distancing himself from President Bush, he should reverse the declining fortunes of the Bush wartime dollar. America's prestige is on the line. Right now the greenback is in virtual freefall.