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07/19/11 KANSAS CITY, Missouri (Reuters) - A top Federal Reserve official said on Thursday the U.S. economy should grow at a modest pace for the next several years, but issued a harsh criticism of the U.S. central bank's just-concluded bond buying program.
07/19/11 Valley National Bancorp and State Bancorp, Inc. announced today that Valley received approval from both the Office of the Comptroller of the Currency and the Federal Reserve Bank of New York to complete the previously announced merger of State Bancorp, Inc. and its principal subsidiary, State Bank of Long Island with and into Valley and Valley National Bank. ? It is expected that the merger will ...
07/19/11 WASHINGTON -- A deal to market credit cards bearing Rutgers University's name earned $562,637 for New Jersey's flagship public university last year, according to a recent Federal Reserve survey.
07/18/11 During the second-half of his reign as Federal Reserve chairman, Alan Greenspan became fond of trumpeting the US economy's newfound resiliency. This was a theme peppered throughout his Age of Turbulence memoir, published in the pre-crisis year 2007. Greenspan cited computer and telecommunications technologies; monumental productivity advancements; a flexible workforce; the financial system's ...
07/15/11 Conditions for New York manufacturers unexpectedly deteriorated for a second consecutive month in July, according to a report released by the Federal Reserve Bank of New York on Friday, although the pace of contraction slowed compared to the previous month.
07/15/11 Federal Reserve Chairman Ben S. Bernanke tempered expectations the Fed will resume buying bonds as criticism from Republican senators highlighted the potential backlash to additional monetary stimulus.
07/15/11 WASHINGTON -- Fuming lawmakers pointed fingers at one another and President Barack Obama on Thursday as negotiations over raising the national debt limit entered a perilous endgame. Federal Reserve Chairman Ben Bernanke warned of economic damage, and ...
07/15/11 Federal Reserve Chairman Ben S. Bernanke tempered expectations the Fed will resume buying bonds as criticism from Republican senators highlighted the potential backlash to additional monetary stimulus.
07/15/11 NEW YORK - The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country's coveted triple-A status.
07/14/11 WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke warned U.S. lawmakers Thursday that they would deliver a "self-inflicted" wound to the nation's economy by holding up efforts to raise the government's borrowing limit.
07/14/11 Investors' optimism about fresh stimulus by the Federal Reserve was dampened as Ben Bernanke indicated the central bank was not planning any immediate action
07/14/11 Investors' optimism about fresh stimulus by the Federal Reserve was dampened as Ben Bernanke indicated the central bank wasn't planning any immediate action.While the Fed chief reiterated that the central bank would be ready to...
07/14/11 US stocks fell, driving the Standard & Poor's 500 Index to the lowest level of the month, as Federal Reserve Chairman Ben S. Bernanke said he's not prepared to take immediate action to stimulate the economy.
07/14/11 Republican Sens. Mitch McConnell, left, Lamar Alexander and Jon Kyl board an elevator en route to a news conference in the Capitol about debt ceiling talks . Photo By Tom Williams/Roll Call. If the threat of a credit rating downgrade from Moody's Investors Service and a warning of possible "financial calamity" from Federal Reserve Chairman Ben Bernanke doesn't bring congressional leaders and ...
07/13/11 LONDON (Reuters) - Gold prices hit a record $1,578.50 an ounce on Wednesday as concerns over the euro zone debt crisis deepened, and after minutes to the Federal Reserve's June meeting suggested some ...
07/13/11 European stocks rose, halting three days of losses for the benchmark Stoxx Europe 600 Index, as Federal Reserve Chairman Ben S. Bernanke said the central bank is prepared to take additional action to support the economy.
07/13/11 Oil futures rallied for a second day on Wednesday, as US Federal Reserve Chairman Ben Bernanke signaled more stimulus coming if the US economy weakens, and US crude inventories fell more than expected last week.
07/13/11 Shares of steel companies rose sharply as Federal Reserve Chairman Ben Bernanke said that the central bank would provide additional stimulus if needed on the same day that an analyst initiated coverage on a handful of steelmakers.
07/13/11 CHARLOTTE, NC--(Marketwire - 07/13/11) - Park Sterling Corporation (NASDAQ: PSTB - News ) ("Park Sterling"), the holding company for Park Sterling Bank, and Community Capital Corporation (NASDAQ: CPBK - News ) ("Community Capital"), the holding company for CapitalBank, today announced that their proposed merger has been approved by the Federal Reserve Bank of Richmond and the South Carolina ...
07/12/11 NEW YORK (TheStreet) -- Persistent worries about the European debt crisis dragged stocks down late Tuesday, wiping out afternoon gains fueled by indications the Federal Reserve would consider further monetary easing if the economic recovery remains sluggish. Stocks got a lift around 2 p.m. ET when the Federal Open Market Committee released the minutes from its late June meeting, but a downgrade ...
07/12/11 Federal Reserve Chairman Ben Bernanke heads to Capitol Hill this week in the center of many storms swirling around Washington and Wall Street. | 
