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Monday, May 20, 2013 | 3:47 a.m.

Ben Bernanke Stories

A list of the most recent stories about Ben Bernanke.

20 items

Oil price falls below $96 a barrel

The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief. Benchmark crude for June delivery was down 25 cents to $95.77 a barrel at midday Bangkok ...

Asian stocks rise on signs of steady US recovery

Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world's biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an ...

Bloomberg bars reporters from client activity

Financial data and news company Bloomberg LP says it has corrected a "mistake" in its newsgathering policies and cut off its journalists' special access to client log-in activity on the company's ubiquitous trading information terminals after Goldman Sachs complained about the matter last month. A person familiar with the matter ...

Federal Reserve Chairman Ben Bernanke waves goodbye after speaking during a banking conference in Chicago, Friday, May 10, 2013. The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Bernanke said Friday. (AP Photo/Paul Beaty)

Bernanke says Fed increasing financial monitoring

The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday. Bernanke said the Fed is still monitoring banks and other systematically important financial institutions. But it has widened its scope to include ...

Futures rise, setting up solid gains for the week

Stock futures are rising and all major markets appear to be headed for solid gains this week. Dow Jones industrial futures are up 46 points to 15,090. The broader S&P futures have added 4 points to 1,628.60. Nasdaq futures are up 7.5 points to 2,965.50. The Dow rose above 15,000 ...

Dow closes above 15,000 for first time; what next?

The Dow Jones industrial average closed above 15,000 for the first time Tuesday. An improving outlook for the economy and record corporate earnings are persuading investors to buy stocks. Federal Reserve stimulus is also helping. The Dow has gained 15 percent this year. It has more than doubled since hitting ...

Berkshire Hathaway CEO and Chairman Warren Buffett speaks during an interview with Liz Claman of the Fox Business Network, in Omaha, Neb., Monday, May 6, 2013. The Berkshire Hathaway shareholders meeting took place over the weekend. (AP Photo/Nati Harnik)

Buffett: Stocks still reasonable but bonds awful

Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for most people. Buffett conducted interviews Monday on CNBC and the Fox Business Network cable channels after a weekend full of events in Omaha for Berkshire Hathaway ...

Buffett says Federal Reserve has boosted stocks

Investor Warren Buffett says the Federal Reserve's efforts to keep interest rates low have helped the stock market soar, but the improving economy also plays a role. Buffett appeared Monday morning on the cable channel CNBC after a weekend full of events for Berkshire Hathaway Inc. shareholders. Buffett says he ...

In this Thursday, April 11, 2013 photo, people wait in line before the Dr. King Career Fair at the Empire State Plaza Convention Center in Albany, N.Y. U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than first thought, the Labor Department reports, Friday, May 3, 2013. The gains trimmed the unemployment rate to a four-year low of 7.5 percent. (AP Photo/Mike Groll)

Solid job gains in April ease fears about economy

The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought. The hiring in April drove down the ...

Warren Buffett says economy still improving slowly

Investor Warren Buffett believes that the economy and the U.S. job market will continue to improve, but slowly. In an interview that aired Friday, Buffett said business has been creeping upward at his Berkshire Hathaway conglomerate. "The economy is improving, not at a rapid clip, but this country has done ...

Business Highlights

___ Oil drilling technology leaps, clean energy lags NEW YORK (AP) — Technology created an energy revolution over the past decade — just not the one we expected. By now, cars were supposed to be running on fuel made from plant waste or algae — or powered by hydrogen or ...

European Central Bank's President Mario Draghi arrives at the press conference during the Meeting of the Governing Council of the Eropean Central Bank in Bratislava, Slovakia, Thursday, May 2, 2013. (AP Photo/CTK, Jan Koller) SLOVAKIA OUT

ECB cuts benchmark interest rate to 0.5 percent

The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a stubborn recession. The bank also extended its offer of unlimited, cheap loans to banks at least through July ...

A video screen on the floor of the New York Stock Exchange  shows the interest rate decision of the Federal Reserve, Wednesday, May 1, 2013. The Fed maintained its plan to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent from its current 7.6 percent. (AP Photo/Richard Drew)

Fed keeps stimulus, says taxes and cuts have hurt

The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing ...

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. Here is a look at how the FOMC operates. Q: What is the FOMC's primary role? A: Its mission is to keep the economy, inflation and ...

Text of the Federal Reserve's statement Wednesday

Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting: Information received since the Federal Open Market Committee met in March suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown some improvement in recent months, on balance, but the ...

No policy changes are expected as Fed ends meeting

The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end a two-day meeting with a statement noting that job growth remains modest and that it's standing by its campaign to keep loan rates at record lows to ...

Fed likely to stick with low-rate stance this week

A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely. The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment ...

FILE - In this April 25, 2007 file photo, Federal Reserve Board Chairman Ben Bernanke speaks at the Greater Washington Jumpstart Coalition Financial Literacy Event at Woodrow Wilson Senior High School in Washington. The Wall Street meltdown of 2008 and the ensuing recession did little to improve the economic illiteracy of high school seniors, according to a new Education Department report. Students’ scores changed little between 2006 and 2012, suggesting that heightened public discussion, millions of jobs lost, and homes foreclosures didn’t translate to higher academic achievement.  (AP Photo/Pablo Martinez Monsivais, File)

Recession doesn't change students' econ savvy

The Wall Street meltdown of 2008 and the ensuing recession did little to help make high school seniors financially savvy and less than half of them have a solid understanding of economics, according to an Education Department report released Tuesday. In real terms, that might mean that students might have ...

Bernanke to miss conference, hinting at departure

Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyo. Jackson Hole has long been a high-profile platform for speeches by Fed chairmen. Since taking over the Fed in 2006, Bernanke ...

World finance leaders issue sober assessment

World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee for the 188-nation International Monetary Fund issued a final communique that called for decisive action to bolster growth. However, the major economies ...

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