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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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  • Bradlee, ‘Watergate’ editor, dies; 93
  • Higher tax-exempt bonuses seen
  • Bill seen to boost health initiatives
  • Aquino: Economy to lose P23.3B due to brownouts
  • Oil firms, gov’t assure stable fuel supply during disasters
  • Sports

  • Lions complete ‘5-peat’
  • Bolts need 2 OTs to thwart Energy
  • S’woods eyes 4th straight crown
  • Army, Cagayan renew Shakey’s V-L rivalry
  • Balasabas up by 5 in Canlubang
  • Lifestyle

  • Argentine resto a good find–no need to compare to La Cabrera
  • Meatless but appetizing comfort food at Holiday Inn Makati
  • Green onion pancake with sweet-spicy soy sauce
  • Seared black cod fillet ála Niçoise, lamb loin with salsa verde–airline food can be exciting
  • Delicious chunks of crab meat–in a tin can
  • Entertainment

  • Doors that ‘Saigon’ opened for Rachelle
  • A thoroughly Asian fest for the region and beyond
  • Celebrity birthday celebrants
  • Guaranteed feasts for the eyes
  • Keeping viewers interested, involved for the long term
  • Business

  • ‘Sin’ tax take exceeds target
  • Higher investment floor for new gaming investors eyed
  • PH growth seen to maintain momentum
  • In bidding out Calax anew, Palace runs risk of being snubbed
  • Gov’t abolishes 7 more dormant state enterprises
  • Technology

  • CMO Mobile Summit 2014: Dig deeper into the future of marketing
  • Review: Better cameras, less glare in iPad Air 2
  • Smartphone sales surging, research firm says
  • Asians get paid less in Silicon Valley tech jobs
  • Presenting data like a pro
  • Opinion

  • Editorial Cartoon, October 23, 2014
  • Truck ban
  • To have peace, there must be justice
  • Double entendre
  • Binay’s politics
  • Global Nation

  • New evangelization gathering set at UST
  • DOH preparations vs Ebola impress Senate
  • ‘Pemberton thought we were real women’
  • Aquino: Pemberton getting special negative treatment
  • Other kidnap victims fear higher Sayyaf ransom demand
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