Bernanke speech shows effort to find Fed consensus

Ben Bernanke is struggling to build consensus among Federal Reserve officials about what steps are needed - if any - to give the economy a boost...

Snapshot of economy about to get a lot bleaker

The government is about to confirm what many people have felt for some time: The economy barely has a pulse. The Commerce Department on Friday will...

Fed Split on Move to Bolster Economy

At least seven of 17 Fed officials spoke against or expressed reservations on a plan...

Voters Back Tough Steps to Reduce Deficit

Frustrated voters, fixing on the $1.5 trillion federal deficit as a symbol of Washington's paralysis...

Hedge-Fund Lending Draws Scrutiny

Companies that borrow money from hedge funds often see a rise in bets...

Bank failure pace more than double last year

Regulators on Friday shut down a Nevada bank, raising to 83 the number of U.S. bank failures this year.

Billionaire finds hedge fund loophole

Federal Reserve Chairman Ben S. Bernanke warns that the U.S. economic recovery isn't likely to quickly bring down the nation's unemployment rate, which could remain high for some time.

IMF Warns Countries to Sustain Stimulus

"Fiscal stimulus needs to be sustained until the recovery is on a firm footing and may need to be amplified...if downside risks to growth materialize" said the IMF in its World Economic Outlook...

Source: www.wsj.com

Stocks Rise as Traders Await Fed

By Peter A. Mckay and Donna Kardos Yesalavich..

Stocks pushed to the highest levels this year on the backs of financial, energy and materials shares, as investors went back to betting on a global recovery after a pullback Monday.

www.wsj.com

Fed Rejects Geithner Request for Study of Governance, Structure...

By Craig Torres and Robert Schmidt..

The Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy Geithner for a public review of the central bank’s structure..

source: www.bloomberg.com