News Topic - Federal Reserve
Articles 21 - 30 of most recent articles
Fed, Treasury announce new steps to help financial markets
WASHINGTON (MarketWatch) -- The Federal Reserve and Treasury Department separately announced Monday new steps to deal with the continuing financial market turmoil. The Fed said it would increase the size of its loans to banks to a potential $900 billion. The central bank announced that it will begin ... more »
MarketWatch.com – 5 hours, 58 minutes ago – comment?
found in Business: Markets
WASHINGTON (MarketWatch) -- The Federal Reserve and Treasury Department separately announced Monday new steps to deal with the continuing financial market turmoil. The Fed said it would increase the size of its loans to banks to a potential $900 billion. The central bank announced that it will begin ... more »
MarketWatch.com – 5 hours, 58 minutes ago – comment?
found in Business: Markets
Citigroup, Wells Fargo negotiating on how to split Wachovia
After a weekend of legal wrangling in New York over Wachovia's fate, Citigroup and Wells Fargo were negotiating Sunday night, under pressure from regulators, on a compromise that could essentially carve up the Charlotte bank among the two feuding buyers, the Wall Street Journal reported.Under t ... more »
The State – 6 hours, 18 minutes ago – comment?
found in Local: South Carolina: Columbia
After a weekend of legal wrangling in New York over Wachovia's fate, Citigroup and Wells Fargo were negotiating Sunday night, under pressure from regulators, on a compromise that could essentially carve up the Charlotte bank among the two feuding buyers, the Wall Street Journal reported.Under t ... more »
The State – 6 hours, 18 minutes ago – comment?
found in Local: South Carolina: Columbia
Fed moves to broker deal for Wachovia: sourcesReuters - The U.S. Federal Reserve is brokering discussions between Wells Fargo & Co and Citigroup Inc over which of the banks will buy Wachovia Corp's assets, people familiar with the matter said on Sunday.
Yahoo! – 10 hours, 32 minutes ago – comment?
found in Top Stories
Fed Pushes to Resolve Wachovia Deal Dispute
Citigroup and Wells Fargo were locked in negotiations aimed at trying to defuse the battle for Wachovia. The Federal Reserve Bank of New York was discussing potential compromises that could result in essentially carving up Wachovia between its two suitors.
Wall Street Journal – 16 hours, 9 minutes ago – comment?
found in Business: Markets
Citigroup and Wells Fargo were locked in negotiations aimed at trying to defuse the battle for Wachovia. The Federal Reserve Bank of New York was discussing potential compromises that could result in essentially carving up Wachovia between its two suitors.
Wall Street Journal – 16 hours, 9 minutes ago – comment?
found in Business: Markets
Fed pressed to step up crisis action
The Federal Reserve and US Treasury were under increasing pressure to follow passage of the $700bn financial rescue plan with further measures to shock the ailing credit markets back to life
Financial Times – 19 hours, 29 minutes ago – comment?
found in Business: Companies
The Federal Reserve and US Treasury were under increasing pressure to follow passage of the $700bn financial rescue plan with further measures to shock the ailing credit markets back to life
Financial Times – 19 hours, 29 minutes ago – comment?
found in Business: Companies
In Absence of Data, Time to Reflect
No major data are being released this week, giving investors time to digest the stunning recent bout of market upheaval, political action and economic reports. On Tuesday, the Federal Reserve will release minutes of its latest policymaking meeting, which occurred Sept. 16. It should give insight ...
Washington Post – Oct 5, 2008 04:00 AM [GMT] – comment?
found in Business
No major data are being released this week, giving investors time to digest the stunning recent bout of market upheaval, political action and economic reports. On Tuesday, the Federal Reserve will release minutes of its latest policymaking meeting, which occurred Sept. 16. It should give insight ...
Washington Post – Oct 5, 2008 04:00 AM [GMT] – comment?
found in Business
More severe recession now forecast by Goldman Sachs
WASHINGTON (MarketWatch) -- The U.S. recession will be "significantly deeper" than they previously thought, Goldman Sachs economists predicted Friday in a research note. The economy will probably show no growth at all between the middle of 2008 and the middle of 2009, with gross domestic p ... more »
MarketWatch.com – Oct 3, 2008 11:03 PM [GMT] – comment?
found in Business: Markets
WASHINGTON (MarketWatch) -- The U.S. recession will be "significantly deeper" than they previously thought, Goldman Sachs economists predicted Friday in a research note. The economy will probably show no growth at all between the middle of 2008 and the middle of 2009, with gross domestic p ... more »
MarketWatch.com – Oct 3, 2008 11:03 PM [GMT] – comment?
found in Business: Markets
CORRECT: S&P revises AIG review status to negative
SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services on Friday revised the status of its review on American International Group Inc. and its subsidiaries to negative from developing but kept the review status on AIG's insurance operating subsidiaries at developing. The mo ... more »
MarketWatch.com – Oct 3, 2008 6:43 PM [GMT] – comment?
found in Business: Markets
SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services on Friday revised the status of its review on American International Group Inc. and its subsidiaries to negative from developing but kept the review status on AIG's insurance operating subsidiaries at developing. The mo ... more »
MarketWatch.com – Oct 3, 2008 6:43 PM [GMT] – comment?
found in Business: Markets
Congress passes $700 billion Wall Street bailout billThe bill was approved by a voted of 263-171.Associated Press photoIn this photo rendered from video via C-SPAN, the final vote tally is shown on the floor of the House of Representatives today in Washington, D.C. (Click on image to enlarge.) This is an 2:14 p.m. update of a story posted ast 1:51 thi ... more »
MassLive.com – Oct 3, 2008 6:14 PM [GMT] – comment?
found in Local: Massachusetts: Springfield
Bernanke: Fed to use all powers to ease credit crunch
WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben Bernanke said that the central bank "will continue to use all of the powers at our disposal" to mitigate the credit crunch. In a prepared statement after Congress passed a modified form of the White House's financial-rescu ... more »
MarketWatch.com – Oct 3, 2008 6:00 PM [GMT] – comment?
found in Business: Markets
WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben Bernanke said that the central bank "will continue to use all of the powers at our disposal" to mitigate the credit crunch. In a prepared statement after Congress passed a modified form of the White House's financial-rescu ... more »
MarketWatch.com – Oct 3, 2008 6:00 PM [GMT] – comment?
found in Business: Markets