Ben Bernanke

President Barack Obama claps during a press conference to nominate Janet Yellen to head the Federal Reserve (credit: Win McNamee/Getty Images)

Brooklyn Native Janet Yellen Confirmed As Fed Chair

The Senate has easily approved Brooklyn native Janet Yellen’s nomination to head the Federal Reserve.

01/06/2014

President Barack Obama claps during a press conference to nominate Janet Yellen to head the Federal Reserve, October 9, 2013. (credit: Win McNamee/Getty Images)

Brooklyn Native Janet Yellen Nominated To Head Federal Reserve

Yellen graduated from Brown and Yale and taught at Harvard, but Brooklyn Borough President Marty Markowitz said her trajectory to success began before she ever arrived as those distinguished institutions.

10/09/2013

Traders work the floor of the New York Stock Exchange . (Photo by John Moore/Getty Images)

Wall Street Woes: Dow Jones Industrial Average Closes Down 353 Points

There was no let-up in the flight from stocks and bonds Thursday as the Dow Jones industrial average plunged 353 points Thursday and wiped out almost two months of gains.

06/20/2013

Job seeker James Dickson is seen at a career training center operated by the New York Department of Labor in Harlem - New York, NY - Dec 3, 2010 - Photo: Spencer Platt/Getty Images

Unemployment Drops To 8.9 Percent, Lowest In Almost 2 Years

New evidence on Friday morning revealed that the economy added 192,000 jobs in February, and the unemployment rate dropped to 8.9 percent—the lowest in almost two years.

03/04/2011

New York Stock Exchange

Dow Jones Rockets To Highest Mark In 2 Years

Global stock markets staged an explosive rally Thursday, embracing a move by the Federal Reserve to try to rejuvenate the U.S. economy by buying $600 billion in Treasury bonds.

11/04/2010