By ?JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclose on people’s homes, Federal Reserve Chairman Ben Bernanke said Monday. Preliminary results ...

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By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose ...

Tagged with: Bernanke economy jobs Labor Department recession unemployment

By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are still hard to come by even as the ...

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By CHRISTOPHER S. RUGABER and JEANNINE AVERSA AP Economics Writers WASHINGTON (AP) — At last, the unemployment crisis seems to be easing. That’s the good news. The bad news? Job creation remains scant because companies still lack enough confidence in ...

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By Jeannine Aversa AP Economics Writer Washington — Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that record-low interest rates are still needed to ensure that the economic recovery will last and to help ease the sting of high ...

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By Jeannine Aversa AP Economics Writer Washington — Federal Reserve Chairman Ben Bernanke began Wednesday to outline the central bank’s strategy for reeling in stimulus money once the economic recovery is more firmly rooted. Bernanke said the Fed will likely ...

Tagged with: Bernanke economic recovery Fed Federal Reserve House Financial Services Committee recession stimulus

JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Some Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and bolster the housing market, according to a document ...

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By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Focused on keeping the recovery going and driving down double-digit unemployment, the Federal Reserve is poised to leave interest rates at a record low. Fed Chairman Ben Bernanke and his colleagues ...

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By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The Federal Reserve is expected to leave interest rates at a record low this week. The big question is whether Chairman Ben Bernanke and his colleagues will hint about when they ...

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By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — The unemployment rate unexpectedly fell to 10 percent in November as employers cut the smallest number of jobs since the recession began. The better-than-expected job figures are a rare note ...

Tagged with: Bernanke jobs Obama unemployment