Markets: Global markets maintained a broadly positive tone as investors digested the US Federal Reserve’s decision to start withdrawing economic stimulus measures while strengthening forward guidance on interest rates. On Wall Street, the S&P 500 equity index slipped ... FULL ARTICLE AT FT Alphaville
Yellen, who is expected to be confirmed Saturday as the Federal Reserve's chief, will try to forge consensus among incoming policymakers. Some are outspoken personalities.WASHINGTON — Now that the Federal Reserve has started to ease a key economic stimulus ... FULL ARTICLE AT The Los Angeles Times
The Dow rose a bit but stocks mostly ended up where they started on Thursday, the day after a big surge. Equities gained the most in over two months Wednesday after the Fed said it would reduce its bond-buying to ... FULL ARTICLE AT Boston.com
CBS News' Chip Reid asks President Obama if he underestimated the level of difficulty in achieving bipartisanship in Washington, especially in relation to the economic stimulus package.
FULL ARTICLE AT CBS News
NEW YORK (TheStreet) -- Gold prices were plummeting Thursday after the Federal Reserve's decision to scale back its economic stimulus program triggered investor selling on the bet that inflation concerns will ebb. Gold for February delivery at the COMEX division ... FULL ARTICLE AT The Street
Investing.com The dollar remained broadly higher against the other major currencies on Thursday after the Federal Reserve announced plans to start winding back economic stimulus from next month. USD JPY was down 0.10% to 104.18 during U ... FULL ARTICLE AT NASDAQ
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The American Recovery and Reinvestment Act of 2009, abbreviated ARRA (Pub.L. 111-5) and commonly referred to as the Stimulus or The Recovery Act, is an economic stimulus package enacted by the 111th United States Congress in February 2009 and signed into law on February 17, 2009, by President Barack Obama.
To respond to the late-2000s recession, the primary objective for ARRA was to save and... Full Article At Wikipedia.org