US Federal Reserve Chairman Ben Bernanke tells Congress that the US economy is "close to faltering" and more action may be needed.
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WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More - Dollar rises above 100 yen for 1st time in 4 years
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BING NEWS:
- Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
11/15/2024 - 6:30 am | View Link - Cheaper Holiday Goods Will Give the Economy a Boost Into 2025
Mastercard expects holiday sales, excluding vehicles, will rise by an overall 3.2% for 2024 with online sales gaining 7.1%. That is slightly slower growth than last year’s 3.5% gain because of lower ...
11/14/2024 - 11:29 am | View Link - Fed Chair Calls US The Best-performing Major Economy In The World
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome Powell said Thursday, a week after the bank cut interest rates for a second ...
11/14/2024 - 11:09 am | View Link - Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace.
11/14/2024 - 7:00 am | View Link - More
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