Staying the course, Yellen says

New Fed chief assures Congress of slow stimulus pullback

Posted: February 12, 2014 at 3:33 a.m.

Federal Reserve Chairman Janet Yellen testifies Tuesday before the House Financial Services Committee on Capitol Hill in Washington.

Federal Reserve Chairman Janet Yellen told Congress on Tuesday that the central bank maintained its optimistic view of the economy and its determination to retreat slowly from its stimulus campaign.

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Business, Pages 25 on 02/12/2014


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China slowdown has global effect

A Chinese couple pass a billboard advertising jewelry on a street in Beijing in November. China’s leaders want the world’s second-largest economy to become a consumer society, and the change is causing economic ripples around the globe.

The reaction was slow in coming, but financial markets and corporate bosses have been jolted awake to China’s ... Read »

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A bridge to wrestling’s future

Iowa wrestling legend Dan Gable shows off his 1972 Olympic gold medal to the audience at a Little Rock Rotary Club meeting Tuesday.

The ancient sport of wrestling was staring at its extinction as an Olympic sport just one year ago. Read »