Federal Reserve
US Consumer Prices Tick Up As Rental Costs Rise
Rising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.
Opinion: Auto And Bank Bailouts Prove Effective
On 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.
U.S. Consumers Cut Credit Card Use For 2nd Month
Americans cut back on their credit card use in July for the second straight month, suggesting many remain cautious in the face of high unemployment and slow growth.
Bernanke Shows Fed’s Independence With Texas Trip
The Federal Reserve chairman is venturing into Texas. And those who watch the Fed say the visit sends a message to Bernanke’s critics.
FDIC Backs Ban On Banks Trading For Own Profit
Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed Tuesday. The Federal Deposit Insurance Corp. backed the draft rule on a 3-0 vote.
‘Pain At The Pump’ Means Higher Prices For Many Services
Just in the last week, gas prices in North Texas jumped 12 cents. A gallon of regular unleaded now costs an average of $3.79. But consumers and businesses aren’t feeling the impact at just the pump alone.
Fed Talks of Further Stimulus Action
Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.
David Johnson CEO Spotlight
Robert McTeer, former CEO, Federal Reserve Bank of Dallas previews the upcoming Federal Reserve symposium in Jackson Hole and the discussion surrounding a “double-dip” recession. http://www.bobmcteer.com


















