International Business News - fed http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms took a pass for the fifth week in a row. http://www.ibtimes.com/articles/20080904/banks-borrow-more-from-fed-wall-street-takes-pass.htm Thu, 04 Sep 2008 16:32:45 EDT The country is likely to slog through weak economic growth for a while, but it is not clear whether that will bring any lasting relief to creeping inflation, a Federal Reserve official said Thursday. http://www.ibtimes.com/articles/20080904/feds-fisher-foresees-anemic-growth-ahead.htm Thu, 04 Sep 2008 13:40:42 EDT The head of the Federal Reserve Bank for New England told a business audience to expect slow growth for the rest of the year. Eric Rosengren said Wednesday the national credit crunch would have been worse if the Federal Reserve system had not cut interest rates and taken other steps to loosen credit this year. But he said the hoped-for reduction in interest rates for consumers and businesses has not happened. http://www.ibtimes.com/articles/20080903/boston-fed-chief-warns-of-slow-growth-ahead.htm Wed, 03 Sep 2008 15:22:41 EDT The country is stuck in a slow-growth rut, the Federal Reserve suggested Wednesday. Higher prices for energy, food and other things are pinching people and businesses--reasons enough for the economy to be Americans' top concern heading into the presidential elections. http://www.ibtimes.com/articles/20080903/fed-slow-growth-still-high-prices-hit-economy.htm Wed, 03 Sep 2008 16:48:46 EDT Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms passed for the fourth straight week. http://www.ibtimes.com/articles/20080828/banks-borrow-more-from-fed-wall-street-takes-pass.htm Thu, 28 Aug 2008 16:31:55 EDT Among the stock activity stories for Thursday, Aug. 28, from AP Financial News: NEW YORK (AP)--Shares of Aladdin Knowledge Systems Ltd. declined Thursday after the Israel-based computer security company rejected offers from Vector Capital to buy either the whole company or its digital rights management business--calling the bids too low. http://www.ibtimes.com/articles/20080828/movers-roundup-aladdin-knowledge-circuit-city.htm Thu, 28 Aug 2008 14:47:44 EDT Shares of FirstFed Financial Corp. jumped Thursday after a Keefe, Bruyette & Woods analyst questioned whether a certain type of short-selling might be affecting the stock. http://www.ibtimes.com/articles/20080828/firstfed-jumps-as-analyst-questions-short-selling.htm Thu, 28 Aug 2008 17:25:07 EDT THE LATEST: Most Federal Reserve officials at their August meeting didn't believe the Fed's key interest rate was too low given credit problems faced by consumers and businesses, according to Fed documents. http://www.ibtimes.com/articles/20080826/summary-box-fed-officials-defend-rate-moves.htm Tue, 26 Aug 2008 15:07:11 EDT Even as they grappled with inflation worries, most Federal Reserve officials at their August meeting didn't believe the Fed's key interest rate was too low given harder-to-get credit conditions straining consumers and businesses alike. http://www.ibtimes.com/articles/20080826/fed-rates-not-too-low-next-move-likely-to-be-up.htm Tue, 26 Aug 2008 14:44:22 EDT The Federal Reserve has auctioned another $75 billion in loans to help squeezed banks overcome their credit problems. The central bank on Tuesday released the results of its most recent auction. It's part of an ongoing program started in December that seeks to ease financial turmoil and credit stresses. Those problems--along with the housing slump--have badly bruised the economy. http://www.ibtimes.com/articles/20080826/fed-auctions-another-75b-to-ease-credit-stresses.htm Tue, 26 Aug 2008 11:43:03 EDT Columbian Bank and Trust Co., which was closed by regulators last week, has agreed to submit a plan for bolstering its capital to the Federal Reserve, the central bank announced Monday. http://www.ibtimes.com/articles/20080825/closed-kansas-bank-agrees-with-fed-on-capital-plan.htm Mon, 25 Aug 2008 17:20:46 EDT Banks borrowed a bit less over the past week from the Federal Reserve's emergency lending program, while Wall Street firms passed for a third straight week. http://www.ibtimes.com/articles/20080821/banks-borrow-less-from-feds-emergency-loan-window.htm Thu, 21 Aug 2008 16:54:59 EDT Among the stock activity stories for Wednesday, Aug. 20, from AP Financial News: NEW YORK (AP)--Shares of G-III Apparel Group Ltd. rose on Wednesday, after the apparel maker inked a deal with Calvin Klein Inc. to license its better women's sportswear, expanding its relationship with the brand. http://www.ibtimes.com/articles/20080820/movers-roundup-g-iii-apparel-firstfed-financial.htm Wed, 20 Aug 2008 15:12:33 EDT WHAT'S ON TAP: Federal Reserve Chairman Ben Bernanke, his Fed colleagues, academics, economists and international central bank officials gather in Jackson Hole, Wyo. to examine financial crises past and present. They meet amid fresh worries on Wall Street about the financial conditions of mortgage giants Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080820/summary-box-bernankes-action-up-for-debate.htm Wed, 20 Aug 2008 12:36:47 EDT Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades. http://www.ibtimes.com/articles/20080820/bernankes-firefighter-role-to-be-debated-at-forum.htm Wed, 20 Aug 2008 12:40:40 EDT Shares of FirstFed Financial Corp. soared Wednesday after the regional bank reported that it has reduced its exposure to problematic adjustable-rate loans and mortgage-backed securities. http://www.ibtimes.com/articles/20080820/firstfed-financial-shares-jump-on-operating-data.htm Wed, 20 Aug 2008 17:58:14 EDT Wall Street economists expect the New York Federal Reserve's August manufacturing index to show declining economic activity for the fourth straight month. http://www.ibtimes.com/articles/20080815/ahead-of-the-bell-new-york-fed-business-index.htm Fri, 15 Aug 2008 06:13:30 EDT Banks borrowed slightly more over the past week from the Federal Reserve's emergency lending program while Wall Street firms did not draw any loans for a second straight week. http://www.ibtimes.com/articles/20080814/banks-borrow-more-from-feds-emergency-loan-window.htm Thu, 14 Aug 2008 16:44:02 EDT Pennsylvania's top prosecutor says he's looking into whether state residents used phony high school or college degrees to get jobs that require state licensing or certification. http://www.ibtimes.com/articles/20080814/pa-attorney-general-looks-into-fake-diplomas.htm Thu, 14 Aug 2008 14:54:53 EDT The Federal Reserve has auctioned another $25 billion in loans to the nation's banks and given them more time to pay the money back in an effort to combat a serious credit squeeze. http://www.ibtimes.com/articles/20080812/fed-holds-first-auction-for-84-day-loans.htm Tue, 12 Aug 2008 10:26:11 EDT