by Sonali Basak | Jul 22, 2013 | Business & Tech
WASHINGTON — Federal Reserve Chairman Ben Bernanke gave what may be his final testimony to senators Thursday, leaving behind more questions than conclusions about the Fed’s direction in monetary policy. Senators questioned, rather than criticized, Bernanke’s...
by Sonali Basak | Jul 18, 2013 | Business & Tech, Politics, Topics
Sen. Elizabeth Warren, D-Mass., celebrates the second anniversary Consumer Financial Protection Bureau with members of the Democracy Journal, the paper in which she first published the idea for the watchdog agency. While the Senate approved the nomination of the...
by Emily Hoerner & Amina Ismail | Jul 17, 2013 | Business & Tech, Topics
Twice a year the most powerful man in banking testifies before Congress. Wednesday was “Day 1” of what is expected to be Federal Reserve Chairman Ben Bernanke’s last visit to Congress. As always it was a packed house, and the Congressmen, the markets...
by Isabella Zhong | Jul 17, 2013 | Business & Tech, Topics
Ben Bernanke signaled that the Federal Reserve will continue to maintain low interest rates, but he did not give any clear hints about whether or not the country’s central bank will be scaling back its bond-buying program later this year. Delivering his semi-annual...
by Tanya Basu | Jul 17, 2013 | Business & Tech
WASHINGTON – Austin businessman Chuck Fuller knows the price of asphalt, how far it is from the asphalt quarries to processing plants and construction sites and who his customers are. But the vice president of Austin-based Ramming Paving Co., an asphalt supplier for...
by Anthony Valentino | Jul 15, 2013 | Business & Tech
WASHINGTON – Stemming the loss of intellectual property in the private sector will require the federal government to share more of its information on cyber threats with American businesses and make it more clear how they can legally combat them, experts said Thursday...