News Topic - Federal Reserve

Bernanke: U.S. slump may drag down Texas economy
Although the Texas economy is strong and diversified, it may not escape damage from a weak national economy that will continue to struggle, Federal Reserve Chairman Ben Bernanke warned Austin business people Monday.
HoustonChronicle.com  –  Dec 2, 2008 06:30 AM [GMT]  –  comment?
found in Local: Texas: Houston

Bernanke: Lower Interest Rates are "Feasible"
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are ....
Memphis Daily News  –  Dec 2, 2008 06:02 AM [GMT]  –  comment?
found in Local: Tennessee: Memphis

Key rate may be cut to zero
Federal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will persist for some time, even if the government's efforts to boost lending help restore the credit markets to normal.
PittsburghLive.com  –  Dec 2, 2008 06:02 AM [GMT]  –  comment?
found in Local: Pennsylvania: Pittsburgh

Fed leader says Texas likely will feel recession
Although the Texas economy is strong and diversified, it may not escape damage from a weak national economy that will continue to struggle, Federal Reserve Chairman Ben Bernanke warned Austin businesspeople Monday.
MySA.com  –  Dec 2, 2008 05:20 AM [GMT]  –  comment?
found in Local: Texas: San Antonio

Economy's distress deepens
WASHINGTON — Most Americans knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news and a fresh batch of bad economic reports, tanking nearly 680 points. With the economic pain likely to stretch well into 2009, ... more »
Charleston.net  –  Dec 2, 2008 05:00 AM [GMT]  –  comment?
found in Local: South Carolina: Charleston

Official recession news hammers Dow
Stock markets plummeted Monday after news came the United States is officially in recession. Grim assessments from Federal Reserve ...
USA Today  –  Dec 2, 2008 02:45 AM [GMT]  –  comment?
found in Business

Dow plunges on news recession began in Dec. 2007
AP - Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news — and a fresh batch of bad economic reports — tanking nearly 680 points. With the economic pain likely to stretch well into ... more »
Yahoo!  –  Dec 2, 2008 01:38 AM [GMT]  –  comment?
found in Top Stories

Oil Plunges Below $50 On Recession; Copper, Gold, Wheat Also Take Hits
Crude oil fell below the $50-a-barrel support as news of the recession -- and the Federal Reserve's warning that the economy remains under...
Investor's Business Daily  –  Dec 2, 2008 12:23 AM [GMT]  –  comment?
found in Business: Investing

Treasuries Rally On Safety Bid, Bernanke Proposal To Buy Longer-Term Gov't Bonds
Treasury yields fell to their lowest levels in more than five decades Monday, as sharp stock-market losses and talk that the Federal Reserve could...
Investor's Business Daily  –  Dec 2, 2008 12:23 AM [GMT]  –  comment?
found in Business: Investing

Dow falls nearly 700 points as news of recession is confirmed
The Dow lost more than half the 1,276 points it added last week. By JOE BEL BRUNO Associated Press NEW YORK - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 poin ... more »
MassLive.com  –  Dec 1, 2008 9:41 PM [GMT]  –  comment?
found in Local: Massachusetts: Springfield