Staff / TruthdigJul 26, 2013
President Obama seriously wants to nominate one of the men who caused the recession to chair the Fed; researchers are finding many animals, especially rodents, are smarter than the average human; and Detroit is suffering because of the auto industry's utterly capitalist decision to put shareholders before everyone else. These discoveries and more after the jump. Dig deeper ( 2 Min. Read )
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Robert Scheer / TruthdigJul 16, 2013
The guy who tops the list of those responsible for sabotaging the world’s economy is lobbying to be the next chairman of the Federal Reserve. Dig deeper ( 4 Min. Read )
Staff / TruthdigJun 25, 2013
Last week on Truthdig Radio in association with KPFK: The stock market plunges, Afghan author Qais Akbar Omar reacts to the news that direct talks between the United States and the Taliban have already broken down, Texas wages a war on high school kids and the Supreme Court threatens the happiness of gays everywhere. Dig deeper ( 2 Min. Read )
Peter Z. Scheer / TruthdigJun 20, 2013
The Federal Reserve will continue to buy bonds at a rate of $85 billion a month, but Chairman Ben Bernanke said better economic indicators mean the central bank could end its quantitative easing policy in 2014. Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 17, 2012
In his latest takedown of Mitt Romney, the New York Times columnist criticizes the Republican presidential nominee for his stance on the Fed's latest effort to jump-start the economy. Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigJun 14, 2012
American families have lost 20 years of growth while at least 18 bankers and tycoons sat on Fed boards that coincidentally bailed out their institutions. Dig deeper ( 3 Min. Read )
Alexander Reed Kelly / TruthdigJun 7, 2012
In spite of May’s weak jobs report, Fed Chairman Ben Bernanke still sees no reason for the central bank to expand its efforts to boost the American economy. The Fed is assessing whether the economy would continue to grow fast enough to reduce the unemployment rate without further intervention, he said. Dig deeper ( 1 Min. Read )
Staff / TruthdigApr 16, 2012
Just as Mitt Romney has locked up the Republican nomination on a boast of fiscal conservatism, President Obama's Treasury Department has said it expects to turn a tidy $2 billion profit from TARP and other extraordinary measures taken to bail out the financial industry. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 14, 2012
Despite hefty bailouts and infinitesimal interest rates, Citi, Ally Financial, MetLife and SunTrust were not able to pass the latest round of stress tests designed and measured by the Federal Reserve. Dig deeper ( 1 Min. Read )
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