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Finally, some good economic news from the Fed

Finally, some good economic news from the Fed

Federal Reserve Chairwoman Janet Yellen will have some good news to tell Congress this week about the health of the labor market. But lawmakers will likely press her to provide…

Fed chair Yellen faces first test before Congress

Fed chair Yellen faces first test before Congress

The health of the U.S. economy and the extraordinary and controversial measures the Federal Reserve has taken to support it will top the agenda on Tuesday when Janet Yellen testifies…

Senate confirms Janet Yellin as new chairman of The Fed

Senate confirms Janet Yellin as new chairman of The Fed

The Senate confirmed Janet Yellen on Monday as the first woman to lead the Federal Reserve, elevating an advocate of fighting unemployment and a backer of the central bank’s efforts…

Unemployment, Fed top Congressional agenda

Unemployment, Fed top Congressional agenda

Back to work on Monday, Congress faces a hefty list of unfinished business and a politically driven agenda in an election year that will determine control of the House and…

GOP Senator set to block all nominations over Benghazi

GOP Senator set to block all nominations over Benghazi

Sen. Lindsey Graham is threatening to hold up all nominations for federal government positions until survivors of last year’s deadly attack on the diplomatic post in Libya appear before Congress.…

Fed taking ‘wait and see’ attitude on policy shift

Fed taking ‘wait and see’ attitude on policy shift

Federal Reserve officials are unlikely to make any shift to monetary policy this week as they wait for more evidence of how badly Washington’s budget battle has hurt the U.S.…

Obama nominates Janet Yellen to head the Federal Reserve

Obama nominates Janet Yellen to head the Federal Reserve

In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the nation continues its fitful economic recovery. If confirmed…

Obama to nominate first woman to head Federal Reserve

Obama to nominate first woman to head Federal Reserve

President Barack Obama will nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke as chairman of the nation’s central bank, the White House said Tuesday. Yellen would be…

Summers out of Fed chief chase

Summers out of Fed chief chase

For weeks, Lawrence Summers had been considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman. A renowned economist, Summers built close ties to President Barack Obama when…