Topic - U.S. Federal Reserve

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CLANCY: Washington's new divide: Paul Ryan Optimists vs. Rand Paul Federalists
On May 16, Senate Democrats continued their three-year-old tradition of failing to pass a budget. But not before voting down four Republican budget plans, plus the Obama budget, which received the special honor of being dispatched unanimously.
J.P. Morgan's $2 billion loss renews debate on size
J.P. Morgan's announcement of a spectacular trading loss of $2 billion last week gives fuel to regulators who are inclined to slim down or at least stop the growth of such "too-big-to-fail" megabanks in the future, banking analysts say.
Nats befuddled by McDonald in 5-3 loss to Pirates
It wasn't until the final pitch of the game that the Pittsburgh Pirates finally brought the Washington Nationals to their knees in a literal fashion. Ian Desmond swung through Joel Hanrahan's 0-2 slider after being fed two screaming fastballs, fell to one knee and stared off into the distance down the left field line. Game over, an opportunity lost.
Mad cow quarantines lifted at 2 California dairies
Quarantines were lifted on two Central California dairies associated with a case of mad cow disease after investigators found no link between the illness and food the diseased bovine might have consumed, federal officials said Friday.
BOOK REVIEW: 'It Worked For Me'
Colin Powell is an uncommon man with the common touch. He likes to give speeches because he's very good at it and he doesn't mind traveling. Also, he likes meeting people who have paid to hear some of his considerable wisdom and perhaps to shake the hand that has shaken the hand of every important world leader of the past quarter-century.
Pacers' Larry Bird is NBA Executive of the Year
Everything always seemed to come so easily for Larry Bird on a basketball court.
How will JPMorgan's $2B loss affect banking rules?
The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.
Consumer prices flat as gas costs fall
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.
RAHN: Killers of banks and jobs
Last week, Jamie Dimon, CEO of the nation's largest bank, JPMorgan Chase, revealed that the bank had made a $2 billion-plus trading mistake. The bank has more than $2 trillion in assets and made a profit of about $20 billion last year.
Time cover masks problem: Too few kids breast-fed
The real issue with breast-feeding is this: Too few infants who could really benefit from it are getting mom's milk.
After JPMorgan loss, a call for stricter oversight
JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.
Movie Scores: How the critics rated the new movies
"Dark Shadows" isn't exactly working its supernatural powers on film critics. The latest collaboration between director Tim Burton and star Johnny Depp is receiving lukewarm reviews in its opening weekend.
DECKER: 5 Questions with BB&T's John Allison
John A. Allison is the former chairman and CEO of BB&T Corporation, where he started working in 1971. Under Mr. Allison's leadership, BB&T grew from $4.5 billion in assets to $152 billion, becoming America's 10th largest financial services company and earning the bank's chairman a spot on Harvard Business Review's list of top 100 most successful CEOs in the world.
Stocks fall as Europe doubts bubble to surface
Fear of European debt is once again playing havoc with Wall Street.
Chinese bank given OK to buy U.S. lender
The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States.