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Federal Reserve news, photos and video - wsbt.com
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Federal Reserve
Highlights
A collection of news and information related to Federal Reserve published by this site and its partners.
Displaying items 1-12 of 2895
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Congress looks at doing away with the $1 bill
WASHINGTON (AP) — American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what's best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them...
Tags: Bill Huizenga, Foreign Exchange Market, Steve Stivers, Lacy Clay, Justice System
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Officials reject conspiracies on unemployment rate
WASHINGTON (AP) — When conspiracists suggested Friday that the Obama administration had engineered a sharp drop in unemployment to aid President Barack Obama's re-election, the response was swift. Career government officials, economists and even...
Tags: General Electric Company, Democratic Party, Labor Markets, Allen West, Career and Workplace
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Bernanke makes strong defense of Fed rate policies
WASHINGTON (AP) — Chairman Ben Bernanke offered a wide-ranging defense Monday of the Federal Reserve's bold policies to stimulate the still-weak economy. The Fed needs to drive down borrowing rates because the economy isn't growing fast enough to...
Tags: Credit Ratings, Labor Legislation, Mortgages, Labor Markets, Career and Workplace
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New 'super' PAC hopes to woo younger voters
WASHINGTON (AP) — President Barack Obama counted on the support of younger voters four years ago. Now, a new Republican-leaning "super" political committee wants to bring them to the GOP's side. Crossroads Generation, a new super PAC formed with...Tags: Parties and Movements, Media Industry, Career and Workplace, Crossroads, Politics
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Interest up as interest rates go low
Some experts say, if YOU are one of those Americans who doesn't own a home, now may be a good time to buy.
That's because interest rates are so low.
And, the Federal Reserve announced last week, they would keep those rates low until at least 2014.
If...Tags: Finance, 1st Source Corp., Mortgages, Finance, Economy, Business and Finance
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Interest up as interest rates get lower
ST. JOSEPH COUNTY -- Some experts say, if you are one of those Americans who doesn't own a home, now may be a good time to buy. That's because interest rates are so low. And, the Federal Reserve announced last week, they would keep those rates low until...Tags: Finance, 1st Source Corp., Finance, Mortgages, Economy, Business and Finance
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Anti-Wall Street protests spread nationwide
NEW YORK (AP) — Protests against Wall Street spread across the country Monday as demonstrators marched on Federal Reserve banks and camped out in parks from Los Angeles to Portland, Maine, in a show of anger over the wobbly economy and what they see...Tags: Unrest, Conflicts and War, Somerville, Manhattan (New York City), Economy, Business and Finance, Stock Market
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Tea party says cities favor Occupy protesters
RICHMOND, Va. (AP) — Tea party activists on Thursday accused officials in at least four cities of giving preferential treatment to anti-Wall Street protesters, and one group in Richmond is asking the city to repay $8,000 spent for permits and...Tags: Unrest, Conflicts and War, Lawyers, Charlottesville (Charlottesville, Virginia), Iraq War (2003-2011), Travel
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Deep spending cuts pose a new threat to US economy
WASHINGTON (AP) — Analysts say they're concerned but not panicked about the possible effects on the economy of automatic cuts if the deficit supercommittee fails to agree. David Kelly of JP Morgan Funds says "there's no doomsday scenario in...Tags: Social Security, Washington, DC
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Court: Chase could increase interest rates
WASHINGTON (AP) — The Supreme Court says a credit card company legally increased the interest rate on a man's card without telling him. The high court on Monday ruled for Chase Bank USA and against James A. McCoy. McCoy complained that Chase...Tags: Local Government, Money and Monetary Policy, Sonia Sotomayor, Washington, DC, Credit and Debt
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Consumers borrow more money for 3rd straight month
WASHINGTON (AP) — Americans are putting more money on their credit cards after two years of cutting back, helping fuel the third straight monthly increase in consumer borrowing. The Federal Reserve reports consumers increased their borrowing by...Tags: Consumers, Washington, DC
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Credit card debt is up for people across the country
If you're using your credit card a lot more often these days and the balance is growing, you're not alone. The Federal Reserve just released numbers showing credit card debt rose for the first time in two years.
Some say the upside is that this means...Tags: Vehicles, Elections, Credit and Debt, Politics
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Federal Reserve Photos
Joint Economic Committee members chairman Brady and co-...
(May 22, 2013)
Federal Reserve Board Chairman Bernanke testifies befor...
(May 22, 2013)
Jeffrey Lacker, president of the Federal Reserve Bank o...
(May 15, 2013)