Oct 22, 2012 Now the Federal Reserve's money-counting machines can read bills worth $20 or less even if they're upside-down. They used to destroy bills that weren't stacked correctly.
Oct 8, 2012 Not much short of encouraging an oil company to build new refineries. Tough state regulation of auto pollution cuts off California from sources of gas outside the state.
Oct 5, 2012 California discovers how close it lives to a tipping point when refinery problems combine to create a sudden gas shortage and a spike in prices.
Oct 3, 2012 Today police in Iran fought with money lenders and other protesters in front of the country's central bank. Inflation in Iran is running at a shocking clip: the Iranian Rial is down 25% against the dollar in just the past week.
Sep 24, 2012 As world leaders gather to discuss the oil santions against Iran, that country is selling only half the volume of a year ago. But its reduced production is raising oil prices around the world.
Stacey Vanek Smith
Sep 14, 2012 Yesterday Federal Reserve Chief Ben Bernanke laid out the Fed's new economic stimulus plan. It's round 3 of so-called quantitative easing. The Fed will buy $40 billion worth of mortgage-backed securities every month, until it decides the economy has improved.
Sep 14, 2012 The Fed will spend $40 billion a month buying mortgage securities. Yesterday, that news was a big help to markets here in America. Today, it seems to be giving a helping hand to Europe as well.
Sep 14, 2012 Yesterday, Ben Bernanke announced the Federal Reserve is going to do another round of what’s called “quantitative easing.” The Fed will buy $40 billion worth of mortgage-backed securities every month until Bernanke and his colleagues are satisfied the job market -- and the economy -- have improved.
Sep 13, 2012 The Federal Reserve announced its third round of quantitative easing Thursday to help stimulate the economy. You've heard the explainers. You've seen the videos. Now, let's review all the analogies.