Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Business | ANALYSIS Sep 19, 2013
Likely Fed pick Yellen seen as independent
by Jim Kuhnhenn
Janet Yellen is now the clear front-runner to be nominated as head of the powerful Federal Reserve, and her status as President Barack Obama’s second choice could ultimately serve as an asset during confirmation and in the central bank’s top job. Some Fed watchers ...
World Sep 19, 2013
Fed keeps stimulus program intact as U.S. economic outlook weakens
In a surprise, the Federal Reserve refuses to taper its bond-buying stimulus because it isn't yet convinced the U.S. economy is healthy enough.
Business Sep 17, 2013
Yellen leads Fed list after Summers' exit
Central bank policy dove Janet Yellen was seen as the front-runner Monday to lead the Federal Reserve after President Barack Obama’s apparent preferred candidate Larry Summers’ surprise withdrawal. Yellen, currently vice chair of the Fed, and so the top lieutenant to outgoing chairman Ben ...
Business Sep 16, 2013
Summers pulls out of race to be Fed chief
White House adviser Lawrence Summers quits the race for Federal Reserve chairman after a highly unusual political assault against the brusque but brilliant economist.
Business Sep 15, 2013
'Freddy vs. Jason' maker documents new horror: Fed's role in meltdown
by Ylan Q. Mui
Flashback to Christmas 2002. America was recovering from the twin shocks of the tech bubble crash and the terrorist attacks of Sept. 11, 2001. The stock market was rising, real estate was heating up and optimism was rebounding. And then there was Jim Bruce, ...
Global-related Aug 27, 2013
Obama should settle the battle for the Fed soon
by Robert Samuelson
The struggle to succeed Ben Bernanke as chairman of the U.S. Federal Reserve has turned into a soap opera.
Business Aug 21, 2013
Allies wage behind-the-scenes effort in Fed job push
by Zachary A. Goldfarb
Lawrence Summers, one of the top candidates to lead the U.S. Federal Reserve, was being beaten up, and his friends from his White House years wanted to help him. So earlier this month, recently departed Treasury Secretary Timothy Geithner and other former officials in ...
Global-related Aug 19, 2013
Larry Summers and a tale of two Harvard professors
by Stephan Richter
It is hard to imagine any private bankers being so callous and socially unconscionable as Larry Summers, a leading candidate to be the next chairman of the U.S. Federal Reserve.
Global-related Aug 13, 2013
Fed's dark succession games
by Kevin Rafferty
It's strange how, in the first half of the year, humans beat robots in the dark art of interpreting the gnomic utterances of the U.S. Federal Reserve chairman.
Business Aug 4, 2013
Quest to head Fed turns into political circus
by Julianna Goldman
In Iowa while campaigning in 2007, then-Senator Barack Obama refused to comment when asked about the Federal Reserve, citing the institution’s independence. President Obama may be wishing he’d heeded that advice. Since the president in an interview with Charlie Rose June 16 indicated he ...
Business Jul 3, 2013
Fed approves rules requiring banks to set aside more capital
The Federal Reserve Board on Tuesday ordered banks to set aside more capital as a cushion against losses, bringing the United States in line with developing international standards and opening the door for a set of tougher rules for the nation’s biggest financial institutions. ...
Financial Markets | ANALYSIS Jun 19, 2013
Transparency effort by Fed roils markets
The Federal Reserve’s new communication strategy was supposed to make it easier to decipher the intentions of the famously secretive institution. Markets, however, seem to have missed the memo. Investors increasingly have focused on predicting the moment the Fed will start to pull back ...