| FACTBOX: Details on the White House's new deficit forecasts Below are the key figures that are already known: * The White House budget office will raise its 10-year budget deficit projection by some $2 trillion to approximately $9 trillion, ac ...[more] |
| SCENARIOS: Will new U.S. economic reports prompt action? The Obama administration already has previewed its forecast for this year's budget gap: $1.58 trillion, down from an earlier projection of $1.84 trillion. The non-partisan CBO, Congre ...[more] |
| FACTBOX: Douglas Elmendorf, U.S. Congress' budget watchdog Following are some facts about the head of the nonpartisan analysis service of Congress: * Appointed by Democratic leaders in January, Elmendorf heads an agency of 235 people that hel ...[more] |
| White House budget sees unemployment peak at 10 percent The White House deficit projections now lie closer to those of the independent Congressional Budget Office, but these latter will also be updated later on Tuesday and could paint an even grim ...[more] |
| SNAP ANALYSIS: Keeping Bernanke adds clarity to cloudy outlook Wall Street sees Bernanke as a known entity who designed an aggressive financial rescue plan and is best suited to dismantle it when the time comes. While his crisis fighting methods may not ...[more] |
| Ben Bernanke: from economics professor to Fed chief * Bernanke, 55, was named by Republican President George W. Bush to succeed Alan Greenspan as chairman of the Federal Reserve in 2006. President Barack Obama, a Democrat, plans to renominate ...[more] |
| Dodd promises thorough hearing on Bernanke "I still have serious concerns about the Federal Reserve's failure to protect consumers and I strongly believe these responsibilities should go to an independent consumer financial protection ...[more] |
| Bernanke's cool head, imagination win Obama nod Bernanke took office promising to follow in the footsteps of his storied predecessor, Alan Greenspan, and to bring greater transparency to a historically secretive institution. But as ...[more] |
| INSTANT VIEW: Obama to reappoint Bernanke as Fed chief: official Bernanke, whose four-year term as the head of the U.S. central bank is due to end next February, will also be praised by Obama for his handling of the worst financial crisis since the Great D ...[more] |
| Home sales, durable orders buoy recovery hopes The Commerce Department on Wednesday said sales of new single-family homes rose 9.6 percent from June to an annual pace of 433,000 units, the highest rate since September. It was the ...[more] |
| Home sales, durable orders buoy recovery hopes The Commerce Department on Wednesday said sales of new single-family homes rose 9.6 percent from June to an annual pace of 433,000 units, the highest rate since September. It was the ...[more] |
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