But even with the generous cash flow facilitated by the Fed, annual productivity of many shale gas and tight oil fields have either peaked or are in terminal decline.
A Federal Reserve voting member says the Fed's decision to announce details about when it would trim its bond-buying program was "inappropriately timed."
University of Texas Professor Robert Auerbach an economist who studied under the late Milton Friedman, thinks he has the
Italy, which has the euro zone's biggest debt pile in absolute terms, was hit by credit ratings agency Standard & Poor's
In OECD countries, fuel prices have risen 10 percent in the past year and food prices have risen 3 percent. The Paris-based
The Seven Faces of The Peril may never outsell Twilight, but as economic papers go, it's pretty Gothic. The author is James Bullard, the president of the St. Louis Federal Reserve Bank, and it caused ripples on Wall Street when it was published last week.
Financial Reform Bill Passes: Banks Keep Derivatives Units, Volcker Rules Softened; House-Senate Conference Passes Financial Reform Bill After Marathon Session
Banks would be forced to push out to their affiliates derivatives referencing "cleared and uncleared commodities, energies
Another Fed Official Supports Plan Forcing Banks To Spin Off Derivatives Units; Obama's Treasury STILL Opposed
An e-mailed request for comment from Treasury was not immediately returned. "It shows the access of the major Wall Street
Fisher wants an "international accord to break up these institutions into ones of more manageable size -- more manageable