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 U.S. FINANCIAL POLICY

  Saturday, 19-Jul-2008 20:06 EDT
Bernanke warns of slow economic recovery
WASHINGTON, July 15 (UPI) -- U.S. financial institutions remain stressed and the economy faces a slow recovery, Federal Reserve Bank Chairman Ben Bernanke said Tuesday.

IndyMac deposits safe, FDIC says
WASHINGTON, July 14 (UPI) -- The U.S. Federal Deposit Insurance Corp. says depositors with accounts at the seized IndyMac Federal Bank FSB have nothing to fear.

Mid-Atlantic manufacturing index drops
PHILADELPHIA, June 19 (UPI) -- Manufacturing activity in the Mid-Atlantic region contracted over the last month, the Federal Reserve Bank of Philadelphia said Thursday.

Industrial production slowed in May
WASHINGTON, June 17 (UPI) -- U.S. industrial production slowed 0.2 percent in May after a steeper decline of 0.7 percent in April, the U.S. Federal Reserve said Tuesday.

Budget resolution squeaks through House
WASHINGTON, June 5 (UPI) -- The U.S. House, 214 to 210, Thursday approved a $3 trillion domestic and defense budget blueprint that includes discretionary funds for 12 appropriations bills.

U.S. Federal Reserve expands oversight
WASHINGTON, May 27 (UPI) -- The U.S. Federal Reserve's emergency bailout of investment bank Bear Stearns in March began an era of extended federal oversight, financiers said.

U.S. industrial production slowed in April
WASHINGTON, May 15 (UPI) -- U.S. industrial production slowed in April after a marginal rise in March, the U.S. Federal Reserve said Thursday.

May manufacturing flat in New York
NEW YORK, May 15 (UPI) -- Manufacturing activity in New York state declined slightly in May, the Federal Reserve Bank of New York said Thursday.

Bernanke: Financial turmoil in markets easing
WASHINGTON - Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday.

Stocks mixed after retail sales report, oil spikes
NEW YORK - Wall Street traded mixed Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance. Record oil and gas prices also dampened buying.

Stocks decline after retail sales report, oil spikes
NEW YORK - Wall Street pulled back Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance. Record oil and gas prices added to the selling pressure.

Stocks decline after retail sales report, Bernanke speech
NEW YORK - Wall Street pulled back Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance.

Stocks head to higher open after retail sales report
NEW YORK - Wall Street headed to a higher opening on Tuesday after a better-than-expected report on retail sales and comments from Federal Reserve Chairman Ben Bernanke that turmoil in the financial markets have eased.

Fed auctions $75 billion to banks to ease credit stresses
WASHINGTON - Battling to relieve stressed credit markets, the Federal Reserve said Tuesday it has provided a total of $435 billion in short-term loans to squeezed banks since December to help them overcome credit problems.

Bernanke urges more action to stem home foreclosure crisis ¤
WASHINGTON - A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew as he urged Congress to take additional steps to alleviate the problems.

Bernanke urges more action to stem home foreclosure crisis
WASHINGTON - A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems.

Federal Reserve reports tighter bank lending standards
WASHINGTON - The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis.

Federal Reserve reports tighter bank lending standards
WASHINGTON - The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis.

Stock poised to rally after payroll report, Fed action
NEW YORK - Wall Street was poised for a sharply higher open Friday after the government reported that the nation's payrolls shrank less than expected and the Federal Reserve injected more liquidity into the financial system.

Oil prices fall as dollar strengthens against euro
Oil prices fell slightly Thursday as the dollar strengthened against the euro on a smaller-than-anticipated interest-rate cut from the U.S. Federal Reserve.

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