Bernanke Says Fed Is On Lookout For Inflation

Bernanke Takes His Message To Kansas City
Federal Reserve Chairman Ben Bernanke says last year's taxpayer-financed bailouts of big financial companies was necessary to avoid a major meltdown of the U.S. financial system and the...

Judge Rejects Citigroup, SEC Settlement
A federal judge has nixed a $285 million settlement between Citigroup and the Securities and Exchange Commission. He said the deal was "neither fair, nor adequate nor in the public interest."...

GOP Wants Pentagon Protected From Automatic Cuts
The deadline for a deficit-cutting plan from the supercommittee is just two and a half weeks away. In the meantime, Defense Department officials and their advocates on Capitol Hill are...

Stock market rebounds after a two-day slump (AP)
AP - Stocks are rebounding after a steep two-day drop ahead of a press conference by Federal Reserve Chairman Ben Bernanke and a meeting of international leaders in France.

Bernanke says economic recovery close to faltering (AP)
AP - Federal Reserve Chairman Ben Bernanke says the economic recovery "is close to faltering" and the central bank is prepared to take further steps to support it.