Concern over the bailout plans for troubled Spanish lender Bankia and the country's ability to finance itself sent the nationalized bank's share price plummeting and Spain's borrowing costs soaring Monday.Bankia's ...

* Spanish/German yield spread hits euro-era high 512 bps* Rising Bankia bailout costs weigh, yield hits 6.5 pct* Bunds steady as Greek polls give pro-bailout parties leadBy William James LONDON, May 28 ...

Shares in troubled Spanish lender Bankia fell 26.75 percent when trading resumed after stock market regulator CNMV suspended it on Friday, before the bank asked for a 23.5 billion euros bailout. The bank ...

WASHINGTON, May 27 (Reuters) - Former White House chief ofstaff Erskine Bowles, whose name has surfaced as a potentialsuccessor to U.S. Treasury Secretary Timothy Geithner, said onSunday he does not want ...

Auto industry accelerates as Obama, Romney debate bailout

Powell Sworn In As Member of Fed Board

Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested:___1. Bond Buyer index of 40 actively traded municipal ...

Troubled Spanish lender Bankia asked the government for a 19 billion euro bailout on Friday, more than double what the government said would be the minimum needed earlier this week. The new management ...

Move Bankers off Regional Fed Board

Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

When Esther George says "no individual" is more important than the Fed, is she talking about the CEO of JP Morgan Chase?

WASHINGTON (MarketWatch) - Former investment banker Jerome Powell was sworn Friday in as a member of the Federal Reserve Board, the central bank announced. Powell, a former partner in the private equity ...

And the Fed's job just got harder.

The Treasury Department on Friday again refused to label China a currency manipulator, citing positive discussions with Chinese officials and a decline in the country’s current account surplus.

New Governor Powell Sworn In to Fed Board by Bernanke

* Dutch to cut 12 bln euros to meet EU deficit rules* FinMin sees Dutch govt budget deficit at 3 pct in 2013* EU and euro to be among key Dutch election themes (Adds finance minister, MP comment, context, ...

WASHINGTON, May 25 (Reuters) - Former investment banker andU.S. Treasury official Jerome Powell was sworn in as a member ofthe Federal Reserve's Board of Governors, the U.S. central banksaid on Friday.Powell ...

Jerome Powell Sworn In as Member of Federal Reserve Board

By Eva Kuehnen ELTVILLE, Germany, May 25 (Reuters) - The debate over howthe U.S. Federal Reserve can best articulate its policy actionsintensified on Friday as a top Fed official warned against'discretionary' ...

Fed's Plosser: Need to Rethink Rule-Driven Policy as Economy Evolves

Secondary Sources: Government Spending, Potential Growth, Structural Change

KC Fed’s George: bankers must uphold standards or leave

WASHINGTON (MarketWatch) -- The Treasury Department on Friday again refused to label China a currency manipulator. In a semi-annual report on exchange rate policies, Treasury said that China's currency ...

Tarnishing the bank's reputation.

* Denmark cuts 2012 deficit view to 3.8 pct of GDP* Cuts 2013 deficit view to 1.7 pct of GDP* Budget helped by record low interest rates, pension tax* Slightly trims 2012 GDP growth forecast, 2013 steadyBy ...

The debate over how the Federal Reserve can best articulate its policy actions grew on Friday as a top Fed official warned against discretionary decisions, and asked whether a more systematic approach ...

Australia, China to Push for Europe Stimulus At G-20

Treasury to Sell $52 Billion in Securities

The U.S. Treasury department sold seven-year notes at a record low yield Thursday, the latest sign that demand for low-risk investments remains strong.The government sold $29 billion of the notes at a ...

Further action by the Federal Reserve to stimulate the U.S. recovery is not warranted for now because current growth is making a dent in "slack" in the economy, including in the labor market, ...

May 24 (Reuters) - U.S. M-2 money supply rose by $7.3 billion in the May 14week to $9,875.5 billion, the Federal Reserve said on Thursday. The Fed said the four-week moving average of M-2 was $9,856.9 ...

NEW YORK, May 24 (Reuters) - The U.S. Federal Reserve'sbalance sheet rose in the latest week, Fed data released onThursday showed.The Fed's balance sheet - a broad gauge of its lending tothe financial ...

NEW YORK, May 24 (Reuters) - Foreign central banks' overallholdings of U.S. marketable securities at the Federal Reserverose in the latest week, data from the U.S. central bank showedon Thursday.The Fed ...

NEW YORK, May 24 (Reuters) - The Federal Reserve provided$301 million of liquidity to the European Central Bank and Bankof Japan in the latest week via its swap lines for foreigncentral banks, the New ...

Federal Reserve Chairman Ben Bernanke will testify on the economic outlook to the congressional Joint Economic Committee on June 7, the panel said on Thursday. The committee said the hearing would be held ...

WASHINGTON, May 24 (Reuters) - U.S. Federal Reserve ChairmanBen Bernanke will testify on the economic outlook to thecongressional Joint Economic Committee on June 7, the panel saidon Thursday.The committee ...

On Thursday, the Federal Reserve Board of New York announced that Citigroup had won an auction for $1.6 billion of assets, beating out six other financial firms for the bonds.

Demographic factors like an aging labor force, as well as more discouraged workers, are the likely behind the drop in the U.S. participation rate, New York Federal Reserve President William Dudley said ...

JPMorgan's James Dimon: Should he resign from the New York Fed? In the wake of the $2 billion-plus trading loss at JPMorgan Chase, revealed earlier this month, a debate has been heating up about whether JPMorgan’s chief, James Dimon, should step down from the New York Federal Reserve’s Board of Governors. [...]

Fed: Ready To Twist And Shout This Fall?

The Treasury has insisted it is sticking to its deficit reduction plan in spite of data showing Britain is slipping further into recession than previously thought and demands from Labour that the government ...

WASHINGTON (MarketWatch) - Bankers should be allowed to serve on the board of directors of the dozen Federal Reserve district banks because they provide critical in-depth information about current economic ...

NEW YORK, May 24 (Reuters) - The Federal Reserve would notwant to ease policy more - including another round ofquantitative easing (QE) - if U.S. economic growth continues toeat into "slack" ...

Markets are parsing every word out of Europe for signs the central banks might be ready to aid the markets. CNBC's Steve Liesman discusses the details of his interview with New York Federal Reserve president ...

NEW YORK, May 24 (Reuters) - The Federal Reserve would notwant to ease policy more - including another round ofquantitative easing - if U.S. economic growth continues to eatinto "slack" in the ...

Fed's George: Board Members Should Resign if Undermining Confidence

CNBC's Steve Liesman reports jobless claims are consistent with trend like job growth, but durable goods data does not suggest robust growth.

Greece could exit the euro zone without doing deep damage to the U.S. and European economies if the transition is handled properly, a top U.S. Federal Reserve official said on Wednesday. Concerns about ...