http://www.mail.com/people/14520-ben-bernanke.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.20/img/mailcom_logo_rss.png http://www.mail.com/people/14520-ben-bernanke.html http://www.mail.com/news/politics/1760408-budging-fiscal-cliff-talks-appear-stalled.html WASHINGTON (AP) — Republicans aren't budging on tax rates, and Democrats are resisting steps like raising the eligibility age for Medicare. Negotiations on averting a year-end fiscal train wreck combining big automatic tax hikes and sweeping spending cuts again appear stalled. There are less than three weeks before the government could careen off this "fi... Thu, 13 Dec 2012 00:18:00 GMT http://www.mail.com/news/politics/1760408-budging-fiscal-cliff-talks-appear-stalled.html 2012-12-13T00:18:00Z http://www.mail.com/business/economy/1761584-fed-links-interest-rates-to-65-pct-unemployment.html WASHINGTON (AP) — The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level — which it thinks could take three more years. For the first time, the Fed made clear to investors and consumers that it will link its actions to specific economic markers. As long as inflation remains t... Wed, 12 Dec 2012 23:50:00 GMT http://www.mail.com/business/economy/1761584-fed-links-interest-rates-to-65-pct-unemployment.html 2012-12-12T23:50:00Z http://www.mail.com/business/markets/1762490-why-its-hard-to-step-fiscal-cliff.html WASHINGTON (AP) — The "fiscal cliff" crisis bundles together some of Washington's toughest decisions — the ones lawmakers have dodged for years — and says settle them all right now. Or else. Yet bedrock differences between Democrats and Republicans stand in the way. No wonder it's hard to shake hands on a deal by New Year's. Failure is a lousy option, non... Wed, 12 Dec 2012 22:01:00 GMT http://www.mail.com/business/markets/1762490-why-its-hard-to-step-fiscal-cliff.html 2012-12-12T22:01:00Z http://www.mail.com/business/economy/1762130-bernanke-fiscal-cliff-hurting-economy.html WASHINGTON (AP) — The U.S. economy is already being hurt by the "fiscal cliff" standoff in Washington, Federal Reserve Chairman Ben Bernanke said Wednesday. But Bernanke said the Fed believes the crisis will be resolved without significant long-term damage. The steep tax increases and spending cuts can be avoided with a successful budget deal, Bernanke sa... Wed, 12 Dec 2012 20:02:00 GMT http://www.mail.com/business/economy/1762130-bernanke-fiscal-cliff-hurting-economy.html 2012-12-12T20:02:00Z http://www.mail.com/news/politics/1761738-reset-fed-forges-ahead-with-easy-money-policy.html As President Barack Obama and Congress agonize over strengthening the economy without fattening the $16 trillion national debt, the Federal Reserve chugs steadily along on its own course of keeping interest rates low and printing money to stimulate growth. The central bank's impact on the economy is huge. Yet it doesn't get as much attention as the fiery ... Wed, 12 Dec 2012 17:48:00 GMT http://www.mail.com/news/politics/1761738-reset-fed-forges-ahead-with-easy-money-policy.html 2012-12-12T17:48:00Z http://www.mail.com/business/markets/1760256-fed-expected-to-revamp-bond-buying-program.html WASHINGTON (AP) — The Federal Reserve is wrapping up 2012 the way it began the year, searching for ways to help a U.S. economy that is still struggling with high unemployment and sub-par growth. The expectation is that the Fed will announce a revamped bond-buying plan at the conclusion of their second day of discussions on Wednesday. The Fed's policy stat... Wed, 12 Dec 2012 10:30:00 GMT http://www.mail.com/business/markets/1760256-fed-expected-to-revamp-bond-buying-program.html 2012-12-12T10:30:00Z http://www.mail.com/news/politics/1754332-romneys-47-percent-chosen-years-best-quote.html NEW HAVEN, Conn. (AP) — Former Republican presidential candidate Mitt Romney's comments about 47 percent of the population dependent on the government and "binders full of women" topped this year's best quotes, according to a Yale University librarian. Fred Shapiro, associate librarian at Yale Law School, released his seventh annual list of the most notab... Sun, 09 Dec 2012 15:21:00 GMT http://www.mail.com/news/politics/1754332-romneys-47-percent-chosen-years-best-quote.html 2012-12-09T15:21:00Z http://www.mail.com/business/markets/1744544-asia-stocks-rise-us-employment-claims-dip.html BANGKOK (AP) — Asian stock markets rose Friday after the number of Americans seeking unemployment benefits fell last week, offsetting a somber economic forecast by the European Central Bank for a bleak year ahead in the region. The U.S. Labor Department said Thursday that applications dropped 25,000 last week to a seasonally adjusted 370,000, a level cons... Fri, 07 Dec 2012 04:12:00 GMT http://www.mail.com/business/markets/1744544-asia-stocks-rise-us-employment-claims-dip.html 2012-12-07T04:12:00Z http://www.mail.com/news/politics/1749116-reset-voices-fiscal-cliff-debate.html They don't have a seat at the talks to defuse a year-end fiscal bomb, yet wield considerable influence. They are wise-cracking debt-reduction duo Alan Simpson and Erskine Bowles; anti-tax activist Grover Norquist and Federal Reserve Chairman Ben Bernanke. Bernanke, one of the first to use the term "fiscal cliff," warns repeatedly of the dire consequences ... Thu, 06 Dec 2012 19:03:00 GMT http://www.mail.com/news/politics/1749116-reset-voices-fiscal-cliff-debate.html 2012-12-06T19:03:00Z http://www.mail.com/business/markets/1733870-sandy-slowed-us-consumer-spending-pay-oct.html WASHINGTON (AP) — Americans cut back on spending last month while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that could slow economic growth for the rest of the year. The Commerce Department said Friday that consumer spending dropped 0.2 percent in October. It was the weakest figure since May, and it compa... Fri, 30 Nov 2012 14:34:00 GMT http://www.mail.com/business/markets/1733870-sandy-slowed-us-consumer-spending-pay-oct.html 2012-11-30T14:34:00Z http://www.mail.com/entertainment/lifestyle/1732510-5-films-financial-crisis-you-bank.html LOS ANGELES (AP) — "Killing Them Softly" is a stylish and violent dark comedy about low-level gangsters and thugs, set squarely within the U.S. economic collapse of autumn 2008. In rather heavy-handed fashion, it suggests that the mob functions as a microcosm of American capitalism. Thankfully, Brad Pitt is there to keep it from going under. A lot of movi... Thu, 29 Nov 2012 22:48:00 GMT http://www.mail.com/entertainment/lifestyle/1732510-5-films-financial-crisis-you-bank.html 2012-11-29T22:48:00Z http://www.mail.com/business/markets/1716438-stocks-edge-up-ahead-thanksgiving-break.html NEW YORK (AP) — The stock market crept higher Wednesday ahead of the Thanksgiving holiday. Major market indexes got a slight lift after news broke of a cease-fire agreement between Israel and Hamas in the Gaza Strip. The truce was announced by Egypt's foreign minister and confirmed by Israeli Prime Minister Benjamin Netanyahu. A week of fighting has kille... Wed, 21 Nov 2012 20:34:00 GMT http://www.mail.com/business/markets/1716438-stocks-edge-up-ahead-thanksgiving-break.html 2012-11-21T20:34:00Z http://www.mail.com/business/markets/1716344-fewer-seek-us-jobless-aid-storm-distorts-data.html WASHINGTON (AP) — The number of people seeking U.S. unemployment aid remained elevated for a second straight week because Superstorm Sandy forced many people to seek temporary benefits. The Labor Department said Wednesday that first-time applications for benefits fell by 41,000 last week to a seasonally adjusted 410,000. That offset only part of the previ... Wed, 21 Nov 2012 15:55:00 GMT http://www.mail.com/business/markets/1716344-fewer-seek-us-jobless-aid-storm-distorts-data.html 2012-11-21T15:55:00Z http://www.mail.com/business/markets/1713678-stocks-flat-hp-shocker-fed-warning.html NEW YORK (AP) — Falling oil prices and a surprise announcement from Hewlett-Packard weighed on technology and energy stocks Tuesday. HP plunged 12 percent after executives said that a company HP bought for $10 billion last year lied about its finances. CEO Meg Whitman said that there were "serious accounting improprieties" at the search-engine company, Au... Tue, 20 Nov 2012 21:41:00 GMT http://www.mail.com/business/markets/1713678-stocks-flat-hp-shocker-fed-warning.html 2012-11-20T21:41:00Z http://www.mail.com/business/markets/1714156-bernanke-warns-congress-to-avoid-fiscal-cliff.html WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year. Without a deal, the measures known as the "fiscal cliff" will take effect in January. Bernanke also said Congress must raise the federal de... Tue, 20 Nov 2012 19:45:00 GMT http://www.mail.com/business/markets/1714156-bernanke-warns-congress-to-avoid-fiscal-cliff.html 2012-11-20T19:45:00Z http://www.mail.com/business/markets/1713046-markets-remain-solid-despite-french-downgrade.html PARIS (AP) — Hopes that Greece will get its next batch of bailout cash to avoid bankruptcy helped shore up markets Tuesday despite a downgrade of France's credit rating. Finance ministers from the euro countries are meeting in Brussels and the expectation is that they will agree to the release of more bailout money to Greece. Markets have been awaiting a ... Tue, 20 Nov 2012 17:06:00 GMT http://www.mail.com/business/markets/1713046-markets-remain-solid-despite-french-downgrade.html 2012-11-20T17:06:00Z http://www.mail.com/business/economy/1711178-steady-us-housing-recovery-boosting-economy.html WASHINGTON (AP) — From purchases and prices to builder sentiment and construction, the U.S. housing market is making consistent gains. The latest evidence came in reports Monday that sales of previously occupied homes rose solidly in October and that builders are more confident than at any other time in 6½ years. New-home sales and home-price indexes have... Mon, 19 Nov 2012 21:05:00 GMT http://www.mail.com/business/economy/1711178-steady-us-housing-recovery-boosting-economy.html 2012-11-19T21:05:00Z http://www.mail.com/business/economy/1703130-bernanke-banks-tight-standards-hurting-economy.html WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said Thursday that banks' overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes. Some tightening of credit standards was needed after the 2008 financial crisis, but "the pendulum has swung too far the other way." Bernanke said. Qual... Thu, 15 Nov 2012 20:44:00 GMT http://www.mail.com/business/economy/1703130-bernanke-banks-tight-standards-hurting-economy.html 2012-11-15T20:44:00Z http://www.mail.com/business/markets/1700482-fed-minutes-bond-buying-plan.html WASHINGTON (AP) — The Federal Reserve may be preparing to take further steps to stimulate an economy that remains too weak to reduce high unemployment. Minutes of the Fed's Oct. 23-24 policy meeting released Wednesday suggest that it might unveil a bond buying program in December to replace a program that expires at year's end. The bond purchases would be... Wed, 14 Nov 2012 20:34:00 GMT http://www.mail.com/business/markets/1700482-fed-minutes-bond-buying-plan.html 2012-11-14T20:34:00Z http://www.mail.com/news/world/1680976-asian-stocks-fall-us-tallies-presidential-vote.html BANGKOK (AP) — Asian stock markets fell Wednesday as traders watched the final hours of a tight U.S. presidential election whose conclusion would allow politicians in the world's biggest economy to refocus on issues other than the campaign. President Barack Obama was locked in a tight race with Republican challenger Mitt Romney as state-by-state results r... Wed, 07 Nov 2012 03:23:00 GMT http://www.mail.com/news/world/1680976-asian-stocks-fall-us-tallies-presidential-vote.html 2012-11-07T03:23:00Z http://www.mail.com/news/politics/1664026-ap-survey-economic-ills-defy-president.html WASHINGTON (AP) — Whoever wins the U.S. presidential election will likely struggle to manage the biggest economic threats he'll face. That's the cautionary message that emerges from the latest Associated Press Economy Survey. Europe's recession will persist deep into the next presidential term, according to a majority of the 31 economists who responded to... Mon, 29 Oct 2012 17:47:00 GMT http://www.mail.com/news/politics/1664026-ap-survey-economic-ills-defy-president.html 2012-10-29T17:47:00Z http://www.mail.com/business/markets/1653082-buffett-us-economy-inching-ahead.html OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia. But he said that the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election. Buffett said that while the U.S. econo... Wed, 24 Oct 2012 15:16:00 GMT http://www.mail.com/business/markets/1653082-buffett-us-economy-inching-ahead.html 2012-10-24T15:16:00Z http://www.mail.com/entertainment/lifestyle/1651452-expectations-low-major-fed-moves-this-week.html WASHINGTON (AP) — Six weeks after rolling out a bold plan to boost the U.S. economy, the central bank is meeting again amid low expectations for further help. Private economists believe the Fed will send a simple message after its two-day meeting that it wants to give its previous actions time to work before doing more. "They have done enough right now. T... Wed, 24 Oct 2012 02:16:00 GMT http://www.mail.com/entertainment/lifestyle/1651452-expectations-low-major-fed-moves-this-week.html 2012-10-24T02:16:00Z http://www.mail.com/news/politics/1578768-why-matters-issues-stake-election.html A selection of issues at stake in the presidential election and their impact on Americans, in brief: Abortion: Abortion and birth control are divisive issues in politics, and they've flared up at times in this campaign despite the candidates' reluctance to dwell on them. President Barack Obama sup... Tue, 23 Oct 2012 22:48:00 GMT http://www.mail.com/news/politics/1578768-why-matters-issues-stake-election.html 2012-10-23T22:48:00Z http://www.mail.com/business/markets/1629182-bernanke-fed-policies-to-help-emerging-markets.html Chairman Ben Bernanke is rejecting arguments that the Federal Reserve's bold moves to bolster U.S. job growth could have unwanted consequences in emerging market countries. In a speech Sunday, Bernanke disagreed with criticism that the Fed's efforts to drive U.S. interest rates lower could result in higher inflation in emerging markets or trigger a destab... Sun, 14 Oct 2012 02:49:00 GMT http://www.mail.com/business/markets/1629182-bernanke-fed-policies-to-help-emerging-markets.html 2012-10-14T02:49:00Z http://www.mail.com/business/economy/1615134-applications-closed-top-bank-england-post.html LONDON (AP) — The deadline for applications to be the next head of the Bank of England, the U.K.'s top monetary authority, closed Monday with one of the leading contenders announcing he had decided not to pursue the position. Former Cabinet Secretary Gus O'Donnell, touted as a strong contender for the 300,000 pound ($480,000) position, told the Financial ... Mon, 08 Oct 2012 12:18:00 GMT http://www.mail.com/business/economy/1615134-applications-closed-top-bank-england-post.html 2012-10-08T12:18:00Z http://www.mail.com/business/economy/1609676-us-unemployment-rate-rose-weak-hiring.html WASHINGTON (AP) — With a month to go until the presidential election, the government on Friday issues its September jobs report, expected to show an uptick in the U.S. unemployment rate after employers added only a modest number of jobs. Economists forecast that the unemployment rate edged up last month to 8.2 percent from 8.1 percent, according to a surv... Fri, 05 Oct 2012 05:13:00 GMT http://www.mail.com/business/economy/1609676-us-unemployment-rate-rose-weak-hiring.html 2012-10-05T05:13:00Z http://www.mail.com/business/markets/1608880-job-market-steadying-under-obama-remains-weak.html WASHINGTON (AP) — The September jobs report that arrives Friday, a month before the presidential election, will likely sketch a dual picture: The job market continues to heal. Yet it's far from full health. No incumbent since Franklin Roosevelt has faced re-election with unemployment so high. The rate was 8.1 percent in August, up from 7.8 percent when Pr... Fri, 05 Oct 2012 00:17:00 GMT http://www.mail.com/business/markets/1608880-job-market-steadying-under-obama-remains-weak.html 2012-10-05T00:17:00Z http://www.mail.com/business/markets/1608806-fed-open-to-linking-rate-hike-to-economic-gauge.html WASHINGTON (AP) — The Federal Reserve wants to find a clearer way to signal to the public when it might start raising interest rates. The Fed has told investors that it plans to keep short-term rates low for at least another three years. But it appears to be leaning toward setting a more specific target, according to minutes from the Fed's last policy mee... Thu, 04 Oct 2012 20:26:00 GMT http://www.mail.com/business/markets/1608806-fed-open-to-linking-rate-hike-to-economic-gauge.html 2012-10-04T20:26:00Z