WASHINGTON, May 22- The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.» Read More
As financial markets panic about the risks to the euro from laxer governments in southern Europe, the northern Baltic states are already in tight fiscal bandages as they experience Europe's most severe recession.
Despite a market selloff that appears orderly and expected, investors find themselves bracing for the worst.
Plus, find out an even more powerful driver behind the markets these days.
The most important Valentine’s Day rule, according to Patti Stanger, star of Bravo’s hit reality show Millionaire Matchmaker, is don’t ignore Valentine’s Day.
I’m trying hard to remain optimistic about economic recovery here in America — and for that matter, around the world.
Apparently, the Greek government has called in the big hitters to help them with their fiscal dilemma.
The rise in Greek yields is a clear warning markets are in the mood to 'punish any country that takes creditors for granted. '
Countries like Greece are being "attacked by financial markets" and the European Union should intervene in the stock market to "teach speculators a lesson," according to Nobel Prize winning economist Joseph Stiglitz.
The proposed new banking rules here in the U.S. caught many international bankers off guard and were one of the most prominent topics of discussion at the recent World Economic Forum in Davos.
As the record federal budget deficit draws increasing scrutiny from Washington to Wall Street to Main Street, deficit hawks may take aim at entitlement programs including Social Security. And, the nearly 80 million Baby Boomers phasing into retirement will set in motion a dynamic that—if not addressed by Congress—could result in the next generation getting fewer benefits.
Sure, the economy's not great, but that's no excuse not to get something nice. "Make it personal and show that you put some thought and effort into it," advises one expert
With financial struggle more the rule than the exception these day, many financially stable parents are looking for ways to help their newly married children alleviate some of the burden. Here's some tips.
Surviving on a single salary, after you’ve built a life on two, takes planning, discipline and above all else, a willingness to make tough choices.
If you’re looking to show your spouse how much you care this Valentine’s Day, bag the gift or night out and get your credit cards paid off instead. It may lose points for romance, but the gesture is guaranteed to yield dividends in the long-term stability of your relationship.
There are a host of financial and legal scenarios for which you need to be prepared--in some case simply by leaving your home state.
Lending money to family members and good friends is always risky, but if you must follow these guidelines to make it rational, reasonable and legal.
Talking about money with family can be extremely stressful, but it is possible to do it and do it well, if you remember some simple rules: Do it early, build the relationship, and have empathy.
Yes and No!! That’s the honest truth and that’s the way it’s been throughout history in an innovative and vibrant economy like ours in the U.S. Some jobs constantly disappear while new ones are being created. Unfortunately, the job destruction part often comes harder and faster than the job creation part.
Amid fears that go-it-alone moves such as President Barack Obama's plan to break up big banks will further hamper the fledging economic recovery, finance ministers and central bankers from the Group of Seven major industrial countries meet.
Interviews with more than a dozen people who were out of work at least a half-year during the recession and have now landed jobs found many adjusting to new realities. .. In some ways, it is equivalent to the lingering symptoms of post-traumatic stress.