Finance News
Men's Wearhouse ousts founder, pitchman Zimmer
5 hours 14 mins ago
Men's Wearhouse doesn't like the way its founder looks anymore.
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Fed sees lower US unemployment, more growth
8 hours 10 mins ago
The Federal Reserve sketched a slightly brighter picture of the U.S. economy this year and next, a sign it is moving closer to slowing its bond-buying program.
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Bernanke declines to address future at the Fed
9 hours 35 mins ago
Ben Bernanke declined Wednesday to address speculation that he will step down as chairman of the Federal Reserve in January when his term ends, saying he wanted to keep the attention on Fed policy.
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Bernanke: Fed could reduce bond buys this year
9 hours 51 mins ago
Chairman Ben Bernanke says the Federal Reserve could scale back its $85 billion in monthly bond purchases later this year if the economy continues to improve.
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GAO says airline merger would reduce competition
2 hours 42 mins ago
A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.
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How Fed policymakers affect the economy
5 hours 18 mins ago
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy.
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Fed's moves to aid economy since financial crisis
5 hours 25 mins ago
The Federal Reserve has taken many unprecedented steps in the past four years to try to boost the U.S. economy and counter the effects of a financial crisis that triggered a painful recession. It has kept the short-term interest rate it controls at a record low near zero since December 2008.
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Bluebird Bio shares rocket higher in trading debut
5 hours 26 mins ago
Shares of gene therapy developer Bluebird Bio Inc. surged in their trading debut.
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