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    Mar 22, 2013 |Story| Los Angeles Times
  1. Fed official: Job gains dominated by lower-paying work

    WASHINGTON — Federal Reserve Chairman Ben S. Bernanke made clear this week that he wanted to see "sustained" improvement in job growth and the unemployment situation before rolling back or halting monetary stimulus to the economy. On Friday, one of his colleagues on the Fed board pointed to another concern about the labor market: the quality of many of the newly created jobs.
    WASHINGTON — Federal Reserve Chairman Ben S. Bernanke made clear this week that he wanted to see "sustained" improvement in job growth and the unemployment situation before rolling back or halting monetary stimulus to the economy. On Friday, one...

    Tags: Labor Markets, Career and Workplace, Finance, Federal Reserve, Unemployment

  2. Mar 21, 2013 |Story| Los Angeles Times
  3. Jobless claims edge up but four-week average falls to 5-year low

    WASHINGTON -- Initial jobless claims ticked up last week, but still indicated an improving labor market as the four-week average hit its lowest point in five years.
    WASHINGTON -- Initial jobless claims ticked up last week, but still indicated an improving labor market as the four-week average hit its lowest point in five years. The number of people filing for the first time for unemployment benefits rose to 336,000...

    Tags: Labor Markets, Career and Workplace, Economic Indicator, Unemployment Rate, Unemployment

  4. Mar 20, 2013 |Story| Los Angeles Times
  5. Bernanke says Fed might slowly remove stimulus as hiring improves

    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank might gradually ratchet back its stimulus efforts if the labor market continues to improve, before completely pulling the plug on the unprecedented effort. The...

    Tags: Labor Markets, Career and Workplace, Economic Indicator, Finance, Federal Reserve

  6. Mar 15, 2013 |Story| Baltimore Sun
  7. Low interest rates have hurt retirees

    A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep interest rates low to stimulate the economy, has been counterproductive and harmful to many of us who need help the most, the retired, the elderly and the poor. The funds this group depends on come mostly from savings. This was the way many of us were directed over time by the prevailing wisdom on how to prepare for the future. The future is here but any growth we anticipated in our savings has all but disappeared.
    A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep...

    Tags: Finance, Federal Reserve, Money and Monetary Policy, Economy, Business and Finance

  8. Mar 12, 2013 |Story| Los Angeles Times
  9. Top House lawmaker questions validity of consumer bureau funding

    WASHINGTON -- A top House lawmaker is questioning the validity of the Consumer Financial Protection Bureau's funding, arguing that a recent court decision invalidating some of President Obama's recess appointments could make it unlawful for the agency's director to seek money to pay for its operations.
    WASHINGTON -- A top House lawmaker is questioning the validity of the Consumer Financial Protection Bureau's funding, arguing that a recent court decision invalidating some of President Obama's recess appointments could make it unlawful for the agency's...

    Tags: Career and Workplace, Barack Obama, Politics, Work Relations, Justice System

  10. Mar 6, 2013 |Story| Petoskey News
  11. Dow hits record, erasing Great Recession losses

    NEW YORK (AP) — The stock market is back.
    NEW YORK (AP) — The stock market is back. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average...

    Tags: China, Citigroup Incorporated, Fiscal Cliff, World War II (1939-1945), Apple iPhone

  12. Mar 4, 2013 |Story| Los Angeles Times
  13. Economists increasingly wary of Fed's stimulus policy

    Even as top Federal Reserve officials continue to defend their economic stimulus, a growing number of industry and academic economists view the Fed's policy now as too aggressive -- with two-thirds of those recently surveyed saying the central bank should terminate its controversial bond-buying program this year.
    Even as top Federal Reserve officials continue to defend their economic stimulus, a growing number of industry and academic economists view the Fed's policy now as too aggressive -- with two-thirds of those recently surveyed saying the central bank should...

    Tags: Budget Control Act of 2011, Finance, Federal Reserve, Economic Policy, Central Bank

  14. Mar 3, 2013 |Column| Chicago Tribune
  15. MarksJarvis: International news unsettling, but Americans remain confident

    It was a maybe, maybe not week. Investors didn't think they needed to worry about sequestration; then they thought maybe they should. The outcome of Italy's elections looked foreboding for Europe's stability, but then investors thought, with time,...

    Tags: Italy, Credit Ratings, Career and Workplace, Barack Obama, U.S. Senate Committee on Banking, Housing, and Urban Affairs

  16. Feb 28, 2013 |Story| Los Angeles Times
  17. Fan mail, of a sort, for the 'sequester'

    There’s little agreement about anything regarding the “sequester” except that the $85 billion in cuts to federal spending this year will be implemented starting Friday. As The Times’ editorialized Thursday: “The irony is...

    Tags: Career and Workplace, Barack Obama, National Government, Politics, Fiscal Cliff

  18. Feb 28, 2013 |Story| Los Angeles Times
  19. U.S. economy grew late last year, but barely

    WASHINGTON -- The U.S. economy barely grew late last year, thanks largely to a plunge in federal defense spending that in part was likely preparation for the budget cuts under the so-called sequestration. The nation's gross domestic product, or the...

    Tags: Land Price, Economic Indicator, Budget Control Act of 2011, Budgets and Budgeting, Petroleum Industry

  20. Feb 28, 2013 |Column| Orlando Sentinel
  21. The Fed's not-so-golden rule

    RICHMOND, Va. -- A display case in the lobby of the Federal Reserve Bank here might express humility. The case holds a 99.9 percent pure gold bar weighing 401.75 troy ounces. Minted in 1952, when the price of gold was $35 an ounce, the bar was worth about...

    Tags: Labor Markets, Voting, Barack Obama, Politics, U.S. Consumer Financial Protection Bureau

  22. Jan 25, 2013 |Story| Los Angeles Times
  23. As he departs, Geithner says 'not a chance' he'll be next Fed chair

    WASHINGTON -- As Treasury Secretary Timothy F. Geithner prepared to leave office Friday, he was clear about one thing he won't be doing in the future -- running the Federal Reserve.
    WASHINGTON -- As Treasury Secretary Timothy F. Geithner prepared to leave office Friday, he was clear about one thing he won't be doing in the future -- running the Federal Reserve. Fed Chairman Ben S. Bernanke's second term expires in January 2014...

    Tags: Barack Obama, POLITICO LLC, White House, Jack Lew, Timothy Geithner

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Ben Bernanke Photos
Treasury Secretary Jack Lew (R) speaks with Federal Res...
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