Federal Reserve
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New $100 bill to begin circulating on Oct. 8
Comment
The Federal Reserve says it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.
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Is it time to celebrate an economic recovery?
CommentMui interview March 13, 2013
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Federal Reserve internal website hacked
Comment
The Federal Reserve says an internal website was briefly breached by hackers but no critical Fed operations were affected.
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Bernanke prods Congress, Obama on budget deal
CommentWilliams interview November 20, 2012
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Ben Bernanke: Happiness is good gauge of economic progress
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Ben Bernanke wants to know if you are happy. The Federal Reserve chairman said Monday that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high.
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Unused dollar coins sit in storage, costing taxpayers millions
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A 2005 law requires the Federal Reserve to keep ordering dollar coins, despite the fact that nobody wants them. As a result, the money is being stored, unused in bags in warehouses around the country.
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Fed to keep interest rate near zero for 2 years
Comment
The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.
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Swipe fees curbed
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Merchants triumphed over bankers in a battle for billions Wednesday as the Senate voted to let the Federal Reserve curb the fees that stores pay financial institutions when a customer swipes a debit card.
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