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Senate confirms Yellen to chair US Federal Reserve

Former chairman of the Federal Reserve Alan Greenspan, left, talks with Janet Yellen, right, Vice Chair of the Board of Governors of the Federal Reserve and successor to current chairman Ben Bernanke, before taking their seat to participate in the ceremonial signing of a certificate commemorating the 100th anniversary of the signing of the Federal Reserve Act, Monday, Dec. 16, 2013 at the Federal Reserve Building in Washington. AP FILE PHOTO

The Senate confirmed Janet Yellen on Monday as the first woman to lead the United States 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.

Posted: January 7th, 2014 in Latest Business Stories | Read More »

US Senate passes bill to avert ‘fiscal cliff’ tax hikes

Vice President Joe Biden speaks following a Senate Democratic caucus meeting about the fiscal cliff on Capitol Hill on Monday, Dec. 31, 2012 in Washington. AP/Alex Brandon

Coming together in the early hours of 2013, the US Senate overwhelmingly passed a last-gasp bill Tuesday to avert huge tax increases and draconian spending cuts making up the so-called “fiscal cliff.”

Posted: January 1st, 2013 in Latest Business Stories,Photos & Videos | Read More »

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  • Ninoy Aquino: A fallen grain on tarmac bears fruit
  • QC also eyes special lane for trucks
  • A ‘flighty’ Q&A with Kris Aquino: Why endorse Jejomar Binay?
  • Sports

  • Gallant Gilas takes Croats to overtime before losing
  • San Mig star Yap joins Gilas cheering section
  • World Cup is Alapag’s final stint with PH 5
  • Lions get back at Blazers for solo lead
  • Tams, Eagles boost Final Four bids with tight wins
  • Lifestyle

  • Why Manila’s high society is in shock over Dalia Guerrero-Pastor
  • At 85, widow proves elderly still nation-builders
  • Naty Crame Rogers’ Sala Theater is back
  • Looking for the Philippine-Mexico connection at Mexico City’s Museo Franz Mayer
  • Slice of Princess Diana’s wedding cake auctioned
  • Entertainment

  • Daughter: Joan Rivers is in ‘serious condition
  • Criminal charges filed by helpers vs Claudine Barretto dismissed
  • Judy Ann hosts new reality series
  • Eventful start for medical drama series
  • Stellar cast buoys up ‘The Giver’
  • Business

  • Aristocrat lords over food sector
  • Tarlac farmers look El Niño in the eye
  • Tabacalera finds right blend of tradition, innovation
  • Drug company recalls Eye-Mo drops
  • As stocks rise, so does anxiety: Time to get out?
  • Technology

  • ‘Internet fasting’—returning to the real world
  • PH ranks 8th in Ice Bucket Challenge participation
  • Google tests using drones to deliver goods
  • DigiTech conference, Best of Anime to keep September busy
  • Bill vs techy intruders mistaken as anti-selfie bill
  • Opinion

  • Editorial Cartoon, August 31, 2014
  • ‘Light’ comes to village
  • Humanizing the bureaucracy
  • Fortified legislature
  • Bridging cultures, time and sensibility
  • Global Nation

  • Indonesian teacher Saur Marlina Manurung turns forest into ‘school for life’
  • PH troops repel Syrian rebels
  • Irish peacekeepers rescued Filipino troops in Golan Heights—report
  • Aquino kept abreast of PH peacekeepers’ situation
  • Priest among PH peacekeepers in standoff with Syrian rebels
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