Wednesday, April 7, 2010 as of 11:14 AM ET

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States.
Read More at Wikipedia ›Former investment banker Jerome Powell was sworn Friday in as a member of the Federal Reserve Board, the central bank announced.
Powell, a former partner in the private equity firm, the Carlyle Group LP was confirmed to a Fed seat with a term expiring in January 2014. Powell and Harvard professor Jeremy Stein were confirmed by the Senate last week. Once Stein is sworn in, the Fed will be at full strength with seven governors for the first time since 2006.Copyright © 2012 MarketWatch, Inc....The Federal Reserve Thursday released a set of detailed plans banks have put together to correct problems in their mortgage-servicing and foreclosure-processing oper...
The president of the New York Federal Reserve Bank said Thursday that given his current forecast for the U.S. economy, there is an argument for further monetary easi...
Bankers should be allowed to serve on the board of directors of the dozen Federal Reserve district banks because they provide critical in-depth information about cur...
FOXBusiness.com’s Kate Rogers on why small-business optimism matters going into the 2012 election season.
Although inflation has stayed stronger in recent months than many expected, some of the upward pressures on prices are "fading," William Dudley, the president of the...
FBN's Liz MacDonald on the CFPB targeting banks on prepaid debit card fees and unauthorized transactions.
In the three years since President Obama signed landmark credit card reforms into law, are consumers or banks better or worse off?Banking industry representatives ha...
The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, bu...
Between inflation and consistently pitiful yields, retirement planning has become a Herculean task. Investment is tough when working with low returns. But there's a ...
MetLife Inc. (MET) executives detailed a multiyear plan to boost the company's return on equity to between 12% and 14% by 2016, up from 10.3%, in a presentation to i...
The United States is much closer than generally thought to full employment and it is time for the Fed to shift away from its ultra-easy monetary policy stance, said ...
Borrowing against your own cash and paying interest on that loan might seem counterintuitive, but savings account customers across the country are doing just that.Wh...
Remember when the heads of CEOs were supposed to roll when things went sour at their companies?A key part of the Sarbanes-Oxley law enacted to stop future scandals l...
J.P. Morgan Chase & Co. (JPM) sold $101.3 billion more long-dated derivatives insuring against defaults by investment-grade companies as of March 31 than it had boug...
How good is the Federal Reserve at its job?That can be a difficult question to answer. Monetary policy is subjective, and it can take years before the results become...
WL Ross & Co. CEO Wilbur Ross on why it is easier to do business in Europe because of mounting regulations in the U.S.
Alan B. Lancz President Alan Lancz and ACE Investment Strategies Chief Trader Yu-Dee Chang on the European economic concerns’ impact on U.S. markets.
J.P. Morgan Chase & Co. (JPM) sold $101.3 billion more long-dated derivatives insuring against defaults by investment-grade companies as of March 31 than it had boug...
FBN’s Charles Payne on the outlook for gold and silver.
