The following are highlights of Federal Reserve Chairman Ben Bernanke's prepared remarks on Wednesday to the House of Representatives Financial Services Committee as part of his semi-annual testimony on the U.S. economy and monetary policy.
To watch the trilling US women's soccer match against France for the 2011 Women's World Cup Semifinal match (already in progress), you have several options.
Chairman Ben S. Bernanke's Semiannual Monetary Policy Report to the Congress Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. July 13, 2011
For those of us who can't afford the first-class lounge, here's a list of budget airlines that won't break the bank.
The US faces France
Perceptions of the U.S. and President Barack Obama have nosedived in the Arab World to levels lower than during the Bush administration, a remarkable reversal for Obama, who made a speech vowing a new era of relations with the Arab world shortly after being elected.
The US faces France
A powerful American Senator wants to investigate Rupert Murdoch’s News Corp. to determine if the phone-hacking scandal has stretched across the water from Britain to the U.S.
Medical device maker Kinetic Concepts Inc said it would go private in a nearly $5 billion cash deal with a consortium of private equity firm Apax Partners and two Canadian pension firms.
Still doubt the good faith and credit of the U.S. Government? Consider this: in June, PIMCO's Bill Gross, the head of the world's largest bond fund, increased his holdings of U.S. Treasury bonds, commonly known as Treasuries.
Hugh Hefner and the currently #winning Charlie Sheen are not dead, despite recent Internet rumors. Hefner, 85, is still alive and thriving, and did not suffer from a heart attack.However, that didn't stop a Playmate from believing the rumors and speaking out about his life.But good old Twitter came in hand once again, and the 85-year-old Playboy set the record straight by tweeting, The rumors of my death are, as Mark Twain observed in a similar situation, greatly exaggerated. I'm v...
Some complain that Harry Potter author J.K. Rowling has changed. She has, and after $1 billion in earnings and celebrity status, Rowling never will be the same.
Reports that Hugh Hefner is dead have been confirmed as a 'greatly exaggerated' hoax, according to the founder and publisher of Playboy magazine himself who notified the public via his twitter account.
The head of the world's most powerful central bank said Wednesday a third round of quantitative easing, QE3, may be up ahead, if the tepid U.S. economic recovery doesn't improve. However, Fed Chairman Ben Bernanke, in Congressional testimony, underscored that the Fed is also considering other options -- or a monetary tightening -- if the recovery gains strength.
Hewlett-Packard Co. (HP) said it has planned a new tablet HP TouchPad 4G that will be available exclusively in the United States on AT&T. The current version of TouchPad is a Wi-Fi one and sold at $499.99 for a 16GB version and $599.99 for a 32GB version.
Netflix is changing its pricing plans in the US market - eliminating the bundling of streaming with DVD by mail programs.
Ahmad Shuja Pasha, the chief of Pakistan’s intelligence agency is visiting Washington D.C. for talks as relations between his country and the US appear to have fallen to an all-time nadir.
Republican presidential candidate and former Massachusetts Gov. Mitt Romney refused once again to appease the social conservative bloc, refusing to sign a pro-marriage pledge that generated controversy for language, since removed, that appeared to endorse slavery.
Authorities have found the body parts of eight-year-old Leiby Kletzky of Brooklyn, in a refrigerator of a man, who was apprehended and is being questioned by authorities today.
News Corp withdrew its $12 billion bid to buy out the 61 percent of broadcaster BSkyB it does not already own on Wednesday after the government turned on Rupert Murdoch following a phone hacking scandal.
Netflix increased the price of its unlimited streaming video and DVD-by-mail services this week. Many customers are outraged. But shareholders should be smiling.
The US faces France in the semifinals.
