BGN Entrepreneur

The federal Reserve ehairman, Bernanke, is seeing “tentative signs of stabilisation” in the US economy.
The claim came as be promised that the central bank is poised to tighten monetary policy to combat inflation when the time comes. Mr Bernanke, delivering his semi-annual economic testimony on Capitol Hill warned, however, that persistently high unemployment rates could [...]

Bank of America could receive an additional bailout of billions of dollars to stave off the impact of Merrill Lynch’s fourth-quarter losses, after the closure of a deal between the two banks.
In September, the bank announced that it would pay $50 billion in shares for Merrill Lynch. The deal saved the Wall Street bank from [...]