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Bernanke:Fed likely to reduce bond buying this year

Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year

    Financial Times

  • Osborne looks at ‘bad bank’ for RBS toxic loans
  • The UK’s chancellor of the exchequer has announced that he may hive off Royal Bank of Scotland’s toxic loans into a “bad bank” as part of a plan to recast the state’s involvement in the British banking sector

    Reuters

  • Afghan government to shun U.S. talks with Taliban
  • Revived Afghan peace talks hit their first roadblock on Wednesday, a day after they were announced, as Afghan President Hamid Karzai said his government would not join U.S. talks with the Taliban and would halt negoti...

    USA TODAY

  • Chrysler wins cut from feds, recalls 1.56 million Jeeps
  • Chrysler Group agreed to a recall it has fought for two weeks, but only after the government slashed the number of Jeeps involved in the recall by more than a million, saving the automaker tens of millionsof dollars