Topic: U.S. Federal Reserve

US business sees hope at home, gloom abroad

Something is stirring in corporate America. Heading into 2012, years of nervous uncertainty about the fate of the world's largest economy has been replaced with a slightly different form of nervous uncertainty."We're probably not moving into a double-dip recession," said Brian Derksen, ...

Companies sit on $2.12 trillion in cash in third quarter

WASHINGTON (Reuters) - U.S. companies sat on their largest pile of cash on record during the third quarter, providing a substantial buffer against any blow that might come from Europe's debt crisis, data from the Federal Reserve showed on Thursday.Non-financial corporate businesses ...

What would happen if an asteroid hit U.S. banks?

WASHINGTON (Reuters) - Ever wondered what the U.S. economy might look like should there be another Lehman Brothers-style bank collapse? Well, it would not be pretty.Unemployment could jump to 13 percent, recalling the breadlines of the 1930s. The Dow Jones industrials might ...

Business Lending to Rise in 2012

Banks have healed from the financial crisis. They might even find themselves competing for customers.Banks have healed from the financial crisis. They might even find themselves competing for customers.Banks have quietly increased business lending and will lend even more in 2012. Large, ...

Fed's Lockhart sees hope in latest round of data

CHATTANOOGA, Tennessee (Reuters) The U.S. economy is unlikely to slip back into recession, and an improvement in recent indicators has been encouraging, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday.Lockhart said growth was still too weak to put a dent ...

Primary dealers see 35 pct chance of another recession: Poll

NEW YORK (Reuters) - Larger-than-expected jobs growth in September has Wall Street economists thinking the United States is unlikely to tip back into recession any time soon although economic growth will remain tepid, according to a Reuters poll on Friday.The outlook for ...

Economists see new recession increasingly likely

WASHINGTON (Reuters) - The chances of a new U.S. recession are rising rapidly as employment and housing remain depressed and Europe's debt crisis threatens to spill over, according to a number of prominent economists.Federal Reserve Chairman Ben Bernanke on Tuesday described the ...

Fed's Plosser: Twist will do little for growth

RADNOR, Pennsylvania (Reuters) - The Federal Reserve's move last week to further lower borrowing costs was risky and won't significantly speed up a "painfully protracted" recovery, one of the officials who dissented against the decision said on Thursday.Philadelphia Federal Reserve Bank President ...
Recession was not severe enough to correct all the excesses of the previous partying on easy moneyAs the downturn worsened severely in 2008, governments around the world finally jumped in with massive panicked rescue efforts. In March 2008, there was the $29 ...
Global stock markets outside of the U.S. are already in full-fledged bear marketsBrace yourself for a recession. Central banks around the world seem to be doing so, making little effort to prevent it this time around, resigned to letting the business cycle ...
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