Wash Post U.S. Economy
U.S. Economy News & Analysis: Search the washingtonpost.com's in-depth coverage and of the U.S. economic crisis.


Bernanke to hold news conferences 4 times a year
WASHINGTON -- Federal Reserve Chairman Ben Bernanke will begin holding news conferences four times a year to explain the Federal Reserve's interest rate decisions and its views on the economy.

Oil settles lower, below $106 per barrel
NEW YORK -- After government reports gave a mixed read on the U.S. economic recovery, oil prices on Thursday settled close to where they began.

Business events scheduled for the coming week
-- MONDAY, March 28 WASHINGTON - Commerce Department releases personal income and spending for February, 8:30 a.m.

Business Highlights
-- --- New-home sales plunged in February to record low


In blow for BofA, Fed rejects its dividend plan
NEW YORK -- It was one more blow for Bank of America: the Federal Reserve didn't allow nation's largest bank to increase its dividends.

Bernanke says bank overhaul will help small banks
WASHINGTON -- Federal Reserve Chairman Ben Bernanke told a group of executives from smaller banks Wednesday that the financial overhaul will level the playing field for them with the industry's giants.

Business Highlights
-- --- Airlines whipsawed by costly fuel, Japan disaster

Volatile week underscores bull market's fragility
NEW YORK -- When it comes to the mood of the market, strategist Brian Gendreau called what happened on Wednesday Exhibit A.


San Fran set to implement tough local-hire law
SAN FRANCISCO -- As San Francisco prepares to implement what is billed as the nation's toughest local hiring ordinance, the mood at a recent gathering of about 50 local contractors and construction industry representatives was a mix of resigned acceptance and cautious optimism.

Fed deems several major banks healthy enough to boost div...
The nation's large banks have made major progress rebuilding capital levels that had been depleted during the financial crisis, the Federal Reserve said Friday, as it gave many of the firms the green light to pay dividends to their shareholders.

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