Fed Finally Lifts Key Interest Rate From Near ZeroThe Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.
Hackers Target New York Post, UPI Twitter AccountsSome Twitter accounts for the New York Post and UPI, as well as the news agency's website, were briefly hacked Friday.
Brooklyn Native Janet Yellen Nominated To Head Federal ReserveYellen 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.
Stocks Close At Record High After Bernanke Allays Stimulus FearThe stock market closed at a record high after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy.
Beach Reads: 'Hidden Order' By Brad ThorThe book centers around the Federal Reserve. If you think the Fed, isn't interesting fodder for a thriller, check this book out to see just how wrong you are.
Bangladesh Diplomats To Meet With U.S. Officials About NYC Terror SuspectQuazi Mohammad Rezwanul Ahsan Nafis was arrested Wednesday in an FBI sting operation. A criminal complaint said he made several attempts to blow up a fake 1,000-pound the bomb inside a vehicle parked next to the Federal Reserve.
Family Of Federal Reserve Bomb Plot Suspect Calls Arrest 'Racist Conspiracy'Quazi Nafis was arrested by the FBI Wednesday after making several attempts to detonate a fake 1,000-pound bomb inside a vehicle parked next to the Federal Reserve on Liberty Street, according to a criminal complaint.
Feds Arrest Suspect In Terror Plot Targeting Federal Reserve BankQuazi Mohammad Rezwanul Ahsan Nafis is charged with attempting to use a weapon of mass destruction. He is currently being held without bail and, if convicted, faces life in prison.
Opinion: Auto And Bank Bailouts Prove EffectiveOn Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Analyst: Fairfield County Should Expect Lower Gas Prices SoonOil analyst Peter Beutel says prices are dropping and they should be reflected at the pump soon.
Oil Analyst Peter Beutel Says Higher Interest Rates Could Mean Lower Gas PricesOil company earnings won't drive down prices at the gas pump, but one oil analyst has an idea about what might.
Former Federal Reserve Chairman Paul Volcker Sounds Debt Warning In StamfordVolcker says the nation's growing debt level is an urgent issue, warning the country could reach a "tipping point'' if debt gets too high.