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Finance News

Men's Wearhouse ousts founder, pitchman Zimmer

Men's Wearhouse ousts founder, pitchman Zimmer

75 mins ago
Men's Wearhouse doesn't like the way its founder looks anymore. Full Story

Fed sees lower US unemployment, more growth

4 hours 11 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. Full Story

Bernanke declines to address future at the Fed

5 hours 36 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. Full Story

Bernanke: Fed could reduce bond buys this year

5 hours 52 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. Full Story

How Fed policymakers affect the economy

79 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. Full Story

Other Top Stories

Fed's moves to aid economy since financial crisis

86 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. Full Story

Bluebird Bio shares rocket higher in trading debut

87 mins ago
Shares of gene therapy developer Bluebird Bio Inc. surged in their trading debut. Full Story
FedEx 4Q profit drops as priority services lag

FedEx 4Q profit drops as priority services lag

1 hour 46 mins ago
FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options and the company spent heavily on restructuring. Full Story

More News Headlines

World

Attackers torch buses at Venezuela university

A group of masked assailants has attacked a leading university in the Venezuelan capital, torching two buses and seriously damaging its rectory building. Full Story

Politics

Senate backs Froman as next trade representative

Michael Froman, a senior White House economic adviser and classmate of President Barack Obama at Harvard Law School, on Wednesday won Senate confirmation to be the next U.S. trade representative. Full Story

Finance

How Fed policymakers affect the economy

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. Full Story

Health

Study: Wiser medication use could cut health costs

If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in ... Full Story