15 results for "MARTIN CRUTSINGER"
The U.S. economy grew at a solid 4.1 percent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously thought. Much of the upward revision came from stronger consumer spending.
Treasury Secretary Jacob Lew is telling Congress that he will have only a few weeks after Feb. 7 to avoid an unprecedented default on the nation's debt. He says Congress should act quickly next year to raise the borrowing limit.
A measure of the U.S. economy's health posted a solid gain in November, suggesting momentum was building at the end of the year.
Ben Bernanke says he intends to stay in Washington for the "immediate future" after he steps down as chairman of the Federal Reserve next month.
Federal Reserve Chairman Ben Bernanke says the U.S. economy's slow recovery from the Great Recession has been subpar for several reasons, including the extensive damage from the housing bust and tight budgets at all levels of government.
Chairman Ben Bernanke says the Federal Reserve's decision Wednesday to slow its bond purchases is a sign of progress and he expects the Fed to take "similar moderate steps" throughout next year to reduce the purchases further if th...
The Federal Reserve on Wednesday sent its strongest signal of confidence in the U.S. economy since the Great Recession, deciding that the nation's economic prospects are finally bright enough to withstand a slight pullback in stimulus spendi...
Investors are waiting to see whether one of Ben Bernanke's final acts as chairman of the Federal Reserve will be to announce a pullback in the Fed's bond purchases. The purchases have been intended to keep long-term loan rates low to spu...
Is this week when the Federal Reserve finally slows its aggressive stimulus for the economy? Or does it want to await more evidence of a consistently improving economy?
The U.S. current account deficit narrowed in the July-September quarter to the lowest level in four years as a rise in Americans' foreign investment earnings helped offset a bigger deficit in goods.