Officials mismanaged AIG bailouts, may have overpaid to stabilize company, watchdog says Officials handling the multibillion dollar bailout of insurance giant American International ...
WASHINGTON (Reuters) - The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading ...
The fledgling US economy recovery could lead to national GDP growth of three percent in the second half of this year, the president of the New York Federal Reserve has said in an upbeat assessment. "The consensus forecast of about three percent ...
NEW YORK (Reuters) - A tepid economic recovery should allow the U.S. Federal Reserve to keep interest rates at rock-bottom lows for a prolonged period, New York Federal Reserve President William Dudley said on Monday. Because the U.S. economy faces many headwinds, ...
Fed names 4 firms to reach out to investors in program to spur consumer, business lending The Federal Reserve on Tuesday named four more financial firms to help investors tap a government program intended to spark lending at cheaper rates to consumers ...
New York labor union chief named chair of New York Fed; Columbia University head to be deputy The Federal Reserve Bank of New York has named a top state labor union official its chairman, the bank announced Monday. Denis M. Hughes, president ...
