Stocks boosted as incoming Fed head backs stimulus
By EILEEN NG People walk outside a securities firm in Tokyo, Thursday, Nov. 14, 2013. Asian stock markets bounced higher Thursday after prepared testimony for the confirmation hearing of incoming…
Recessions and depressions
Yellen stands by Fed’s low interest rate policies
By MARTIN CRUTSINGER FILE – In this Monday, June 3, 2013, file photo, Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System, places her name…
ECB surprises markets with rate cut
By DAVID McHUGH President of European Central Bank Mario Draghi adjusts his glasses during a news conference in Frankfurt, Germany, Thursday, Nov. 7, 2013, following a meeting of the ECB…
As US economy plods and pay lags, companies profit
By CHRISTOPHER S. RUGABER and KEN SWEET In this combination of Associated Press file photos, Trader F. Hill Creekmore, left, smiles as he works on the floor of the New…
Greek bailout creditors get an earful in Athens
By NICHOLAS PAPHITIS Members of an international debt inspection team are escorted by riot police after exiting through an emergency door during a demonstration at the Finance Ministry in Athens…
AROUND WORLD, THREAT OF AROUND WORLD, THREAT OF US DEFAULT INDUCES SHRUGS INDUCES SHRUGS
By BERNARD CONDON FILE – In this Monday, Aug. 8, 2011, file photo, a statue of former Treasury Secretary Albert Gallatin stands outside the Treasury Building in Washington. The Treasury…
FRENCH BUDGET TRIES TO TURN PAGE BUT GROWTH WEAK
By SARAH DiLORENZO French finance minister Pierre Moscovici adresses reporters as he leaves the Elysee Palace following the weekly cabinet meeting in Paris, Wednesday Sept. 25, 2013. The French government…
MICHIGAN’S ‘NERDY’ SNYDER SAYS HE’S GOP MODEL
By THOMAS BEAUMONT and DAVID EGGERT FILE – In this July 19, 2013, file photo, Michigan Gov. Rick Snyder speaks during a news conference in Detroit. Snyder, the understated, self-described…