kpix-7-2013-masthead kcbs 7-2013-masthead

Federal reserve

Janet Yellen

Senate Confirms UC Berkeley Economist Yellen To Chair Federal Reserve

The Senate confirmed Janet Yellen on Monday as the first woman to lead the Federal Reserve, elevating an advocate of fighting unemployment and a backer of the central bank’s efforts to spur the economy with low interest rates and massive bond purchases.

01/06/2014

A San Francisco Police patrol car (Justin Sullivan/Getty Images)

San Francisco Police Clear Out Encampment Outside Federal Reserve Building

Police cleared out what they called a “homeless camp” in downtown San Francisco Monday morning—the same area where a protest was planned throughout the day.

12/23/2013

Janet Yellen

Yellen’s Nomination To Lead Fed Celebrated By UC Berkeley Colleagues

Janet Yellen’s colleagues and friends at the University of California at Berkeley on Wednesday celebrated her nomination by President Barack Obama to be the next chair of the Federal Reserve.

10/09/2013

Janet Yellen

Janet Yellen Nominated For Federal Reserve Chair

President Barack Obama says that in Janet Yellen he’s found a tough and proven leader to take over as chairman of the Federal Reserve.

10/09/2013

Janet Yellen

Obama To Nominate UC Berkeley’s Yellen As Federal Reserve Chair

President Barack Obama will nominate Federal Reserve vice chair and University of California, Berkeley professor emeritus Janet Yellen to succeed Ben Bernanke as chairman of the nation’s central bank.

10/08/2013

Janet Yellen

Bay Area’s Yellen Front-Runner For Fed Chair Again

Federal Reserve Vice Chair Janet Yellen – a Bay Area local – is once again the odds-on favorite to become the next chair of the Federal Reserve, now that President Barack Obama’s preferred candidate, former adviser Larry Summers, has stepped out of the race.

09/16/2013

(CBS)

Fed Projects High Unemployment For Next 3 Years

The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.

12/12/2012

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

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.

09/11/2012

(Photo Credit: Getty Images/William Thomas Cain)

SFPD Prevents Occupiers From Rebuilding Camp

Occupy San Francisco protesters spent the night unsuccessfully trying to set up tents at the site of their former encampment in Justin Herman Plaza.

12/08/2011

City workers dismantle Occupy encampment at Justin Herman Plaza in San Francisco.

City Workers Dismantle 2 Occupy SF Encampments

San Francisco public works crews have removed tents at two Occupy encampments in the city.

11/19/2011

more