Streams

 

Federal Reserve

The Takeaway

Inside Bank of America's $4 Billion Blunder

Tuesday, April 29, 2014

Bank of America has announced a pretty major accounting error. The bank said it would suspend plans to buy back $4 billion in stock and pay its dividends after discovering an error in the information it submitted to the Federal Reserve as part of the stress test process. 

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WNYC News

NY Fed Chief Highlights Brooklyn's Economic Challenges and Successes

Friday, March 07, 2014

The head of the New York Federal Reserve met with business and community leaders in Brooklyn as part of a whirlwind tour highlighting Brooklyn's success stories and its economic challenges.

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Money Talking

Stock Market Wobbles Despite Economy Growing

Friday, January 31, 2014

This week on Money Talking, what's up with the recent slide in the stock market? And is hosting a Super Bowl a good financial bet for the host city?

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Money Talking

Helping Ordinary Americans Focus Of Fed Under Janet Yellen

Friday, January 10, 2014

Janet Yellen will be the first woman to head the the Federal Reserve when she takes over at the end of January.  How much will the world's most powerful central bank change under her leadership?

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WNYC News

Are All Sandy-Recovery Jobs Permanent?

Wednesday, November 20, 2013

The economy in the New York metro area has made a strong recovery post-Sandy, but economists at the New York Federal Reserve Bank say it's still unclear whether some of the jobs created during the rebuilding effort are here to stay.

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The Takeaway

Examining The Fed Under Janet Yellen's Stewardship

Friday, November 15, 2013

Janet Yellen, President Barack Obama’s nominee for chair of the Federal Reserve, gave a passionate defense of stimulus efforts in Senate hearings Thursday. If confirmed, Yellen, who currently holds the number two post at the Fed, is expected to reinforce many of the policies current Chairman Ben Bernanke has put in place. But there are some significant ways in which her economic philosophies differ from Bernanke’s.  Heidi Moore, finance and economics editor for The Guardian U.S. explains.

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The Brian Lehrer Show

Checking in on the Yellen Hearing

Thursday, November 14, 2013

Charlie Herman, business and economics editor for WNYC News, talks about this morning's confirmation hearing for Janet Yellen, nominated to head the Federal Reserve.

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The Takeaway

Yellen is Top Pick to Lead The Fed

Wednesday, October 09, 2013

Janet Yellen is now President Barack Obama's official choice to replace Ben Bernanke as Chairman of the Federal Reserve when his term expires early next year. Joining us to discuss this news is Elizabeth Duke, a former Federal Reserve governor who joined the board following President George W. Bush's nomination in 2008. Duke served until August of this year.

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The Takeaway

Federal Reserve Shocks with Move to Hold Bond-Buying Program Intact

Thursday, September 19, 2013

In a major surprise to investors yesterday, the Federal Reserve announced a recommendation to leave the bond buying stimulus program intact. Joining The Takeaway to discuss the Fed's decision is Sheila Bair, the former chairwoman of the F.D.I.C. and author of "Bull By the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself."

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The Takeaway

Janet Yellen and the Future of the Fed

Wednesday, September 18, 2013

Janet Yellen is the new presumptive front-runner for chair of the Federal Reserve. But who is Janet Yellen? And how might she change the Fed if she's put in charge? Susan M. Phillips has some insights to share. She served on the Board of Governors of the Federal Reserve from 1991 to 1998, overlapping with Janet Yellen during Yellen’s first appointment from 1994-1997.

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The Takeaway

Summers Withdraws from Race to Lead Federal Reserve

Monday, September 16, 2013

Larry Summers announced he was withdrawing his name from consideration to lead the Federal Reserve after weeks of heavy opposition by Republicans and three Democrats on the Senate Banking Committee. Charlie Herman, Business and economics editor for WNYC Radio, and Todd Zwillich, Takeaway Washington Correspondent join The Takeaway to discuss who might be next in line.

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Money Talking

Lehman's Bankruptcy, Financial Crisis: Who's to Blame? Are We Safer?

Friday, September 13, 2013

Five years ago Sunday, Lehman Brothers filed for bankruptcy and set off the financial crisis that threatened the entire global financial system and plunged the nation further into recession, one it's still recovering from today.

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Money Talking

Syria Debate Hits Budget Negotiations

Friday, September 06, 2013

The debate in Congress this week over whether to give President Obama authorization to take military action in Syria crowded out talk of economic issues like funding the government, raising the debt limit, picking a new boss at Federal Reserve and immigration reform.

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The Brian Lehrer Show

Rent Regulation; Senior Immigrants; Prospect Park

Monday, July 29, 2013

Kathleen Hunter, congressional reporter for Bloomberg News, rounds up the news out of Washington, including options for the next leader of the Fed and Obama’s recent economic speeches. Plus: Adam Davidson, co-founder of NPR’s Planet Money and a New York Times contributor, breaks down the arguments for and against rent regulation; a check-in on all the local political races; senior immigrants; and the history and future of Prospect Park. 

Money Talking

Future of the Fed

Friday, July 12, 2013

Chairman of the Federal Reserve Ben Bernanke may not be renominated by President Obama. This week on Money Talking, the strengths and weaknesses of some of Bernanke's potential successors like Janet Yellen and Larry Summers.

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WNYC News

Fed Official Defends Bernanke Amid Market Turmoil

Thursday, June 27, 2013

The top U.S. banking official in New York is defending Ben Bernanke after markets dropped following the Fed Chairman's remarks last week.

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The Brian Lehrer Show

The Stimulus: An End in Sight?

Friday, June 21, 2013

Felix Salmon, finance blogger for Reuters, discusses the announcement that the Federal Reserve will begin winding down stimulus efforts, and what this plan means for interest rates.

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Money Talking

Money Talking: The End of the Stimulus?

Friday, June 21, 2013

The Federal Reserve has kept interest rates low and taken other measures to stimulate the economy in recent years, but we've always known the extraordinary measures were not going to last forever.

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The Brian Lehrer Show

The End of the Stimulus; The Emotions of Doctors; Humans and Animals

Friday, June 21, 2013

Federal Reserve Chairman Ben Bernanke announced plans to phase out stimulus efforts. Reuters finance blogger Felix Salmon analyzes what that means for the economy. Plus: State Senator Andrea Stewart-Cousins on the end of the legislative session in Albany; how the emotions of doctors affect patient care; a look at the U.S.-Mexico border in Texas, California, Arizona and New Mexico; and science writer Jon Mooallem discusses his new book, Wild Ones: A Sometimes Dismaying, Weirdly Reassuring Story About Looking at People Looking at Animals in America.

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Money Talking

Money Talking: Where Is the Economy Headed?

Friday, May 24, 2013

As we approach the summer, unemployment is falling, stocks are rising and housing is looking better than ever. Yet in the past few years, the economy has looked better at the start of the year, only to take a turn for the worse. Will the same happen in 2013?

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