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A collection of news and information related to Ben Bernanke published by Tribune Company sources.
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Fed chief: more action needed to cut foreclosures
Federal Reserve chairman Ben Bernanke called on the government yesterday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions has been taken to ease the housing...Tags: Foreclosures, Henry Paulson, Federal Reserve, Mortgages, U.S. Department of Treasury
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Employers cut 533,000 jobs in November, most in 34 years
The Associated PressSkittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor Department Friday, showed...Tags: Federal Reserve, Business, United Technologies Corporation, J.P. Morgan Chase & Co., Wages and Pensions
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Employers ax 533,000 jobs in Nov., most in 34 years; unemployment rate rises to 6.7 percent
AP Economics WriterWASHINGTON (AP) — Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor...Tags: Federal Reserve, Business, United Technologies Corporation, J.P. Morgan Chase & Co., Wages and Pensions
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Feds must do more to curb foreclosures, Bernanke insists
The Associated PressFederal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been taken to ease the housing...Tags: Foreclosures, Federal Reserve, Mortgages, Prices, Money and Monetary Policy
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Bernanke wants relief to curb foreclosures
The Associated PressFederal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been taken to ease the housing crisis,...Tags: Foreclosures, Federal Reserve, Mortgages, Prices, Money and Monetary Policy
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Don't forgive that way!
The U.S. Treasury has been creating a massive, but hidden, welfare program. Federal Reserve Chairman Ben Bernanke urged its expansion on Thursday. The program derives from the method by which the Treasury, federal agencies and now Bernanke have...Tags: University of Chicago, Federal Reserve, Mortgages, Unemployment, Government
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Bernanke pleads for more action on foreclosures
Associated PressFederal Reserve Chairman Ben S. Bernanke pleaded yesterday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the country deeper into recession. His request came as the...Tags: Stock Activities, Foreclosures, Federal Reserve, Mortgages, Unemployment
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Do GM and Chrysler Face a Shotgun Wedding?
MotorTrend MagazineDETROIT - Senator Bob Corker, Republican from Tennessee, thinks General Motors and Chrysler LLC should resume merger/acquisition talks. A shotgun wedding, if you will. Hot Rod Detroit Editor Bill McGuire and I watched the Senate Banking, Housing and Urban... -
Repentant automakers find Congress still skeptical about multibillion-dollar aid plan
Associated Press WriterWASHINGTON (AP) — Desperate U.S. automakers ran into fresh obstacles from skeptical lawmakers Thursday as they appealed with rising urgency — and a new dose of humility — for a $34 billion bailout. Without help, said one senator, "we'...Tags: Federal Reserve, U.S. Department of Treasury, Bankruptcy, Fred Upton, NBC
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Automakers try to sell Congress on rescue
The Associated PressU.S. automakers drew fresh skepticism from lawmakers today in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive. Congressional analysts said one bailout plan under consideration would fall...Tags: Heavy Engineering, Federal Reserve, Opinion Research Corporation, Upper House, Business Trips
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Mortgage rates drop to lowest since January amid new government effort to aid mortgage lending
AP Real Estate WriterWASHINGTON (AP) — Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Mortgage finance giant Freddie Mac reported Thursday that average...Tags: Consumers, Federal Reserve, Mortgages, Derivative Securities, Money and Monetary Policy
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Bernanke calls for more action to stem foreclosures, outlines options
AP Economics WriterWASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been...Tags: Foreclosures, Henry Paulson, Financial Markets, Federal Reserve, Mortgages
Dec 5, 2008
|Story| Newsday
Dec 5, 2008
|Story| South Florida Sun-Sentinel
Dec 5, 2008
|Story| Associated Press
Dec 5, 2008
|Story| Orlando Sentinel
Dec 5, 2008
|Story| South Florida Sun-Sentinel
Dec 5, 2008
|Story| Chicago Tribune
Dec 5, 2008
|Story| Baltimore Sun
Dec 5, 2008
|Blog| MotorTrend Magazine
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
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