Heidi N. Moore
Jun 20, 2012 The U.S. Federal Reserve Open Market Committee finishes two days of meetings today. And we'll have an announcement shortly on what -- if any -- change in monetary policy they might have decided on.
Jun 20, 2012 Chairman Ben Bernanke said the Fed would continue buying Treasury bills to drive long-term interest rates down, but would also wait before taking more action on the economy.
Heidi N. Moore
Jun 20, 2012 The Fed will wrap up a meeting today in Washington, and the expectation is that policymakers will launch more monetary stimulus to boost the economy.
Jun 19, 2012 The Federal Reserve faces sluggish growth and a dilemma: Low interest rates aren’t benefiting many needy consumers who have blemished credit.
Jun 18, 2012 The stabilizing election result in Greece does not change the reality that banks are on the brink in a number of European countries. And there's hot debate in Europe over just how much the European Central Bank should do to bailout the banks -- a problem we can relate to here in the states.
Jun 14, 2012 I have been paying down my debt using the snowball method. I'm making great headway and have cut my debt load in half in 3 years. I'm at a point where I need to choose between a home-equity loan with a variable rate (currently at 4.24 percent but eligible for tax deductions) and a car loan at 3.5 percent fixed. Which makes more sense to pay down? Scott, Chatham, MI
Jun 12, 2012 A new report from the Federal Reserve shows that the median net worth of the American househeld is down 40 percent since 2007 and income is down 7 percent.
Jun 8, 2012 Like the rest of us, companies are still uncertain of the economic future. But spending and investing could help to push the economy forward.
Jun 8, 2012 The Federal Reserve has just approved a proposal to make every bank in America keep more capital on hand. The measure may help taxpayers weather the next financial storm, but hurt bank stockholders.
Jun 8, 2012 One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.