Federal Reserve announces results of auction of $5 billion in 28-day term deposits held on October 4, 2010

Federal Reserve announces results of auction of $5 billion in 28-day term deposits held on October 4, 2010

http://www.federalreserve.gov/newsevents/press/monetary/20101005a.htm

Released by the Board of Governors of the Federal Reserve System

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Board issues enforcement actions with Financial Bancshares Company, HomeStar Financial Group Inc., and Neighborhood Bank Corporation

Board issues enforcement actions with Financial Bancshares Company, HomeStar Financial Group Inc., and Neighborhood Bank Corporation

http://www.federalreserve.gov/newsevents/press/enforcement/20101005a.htm

Released by the Board of Governors of the Federal Reserve System

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List of items posted to the Board's website over the past two weeks

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News Alert: Two Scientists Win Nobel Prize in Physics for Work on Ultra-Thin Material

Breaking News Alert
The New York Times
Tue, October 05, 2010 -- 6:04 AM ET
-----

Two Scientists Win Nobel Prize in Physics for Work on Ultra-Thin Material

The 2010 Nobel Prize for Physics was won by two scientists
for their work on a revolutionary ultra-thin material called
graphene, the Royal Swedish Academy of Sciences announced on
Tuesday.

Andre K. Geim and Konstantin S. Novoselov, both scientists at
the University of Manchester in England, shared the award for
their development of a form of carbon that is only one atom
thick. In their announcement of the prize, the Academy said
that "carbon in such a flat form has exceptional properties
that originate from the remarkable world of quantum physics."

Read More:
http://www.nytimes.com?emc=na

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News Alert: Bank of Japan Cuts Benchmark Interest Rate to As Low As 0%

Breaking News Alert
The New York Times
Tue, October 05, 2010 -- 1:05 AM ET
-----

Bank of Japan Cuts Benchmark Interest Rate to As Low As 0%

The Bank of Japan on Tuesday unexpectedly cut its benchmark
interest rate from 0.1 percent to a range of 0 to 0.1
percent. The unanimous decision came after a two-day meeting
of the bank's nine-member policy board and is the first
change of Japan's key rate since December 2008.

The move had important symbolic impact, signaling the bank is
willing to take action to spur the ailing economy despite the
risks of deflation from further cuts in interest rates.

Tokyo's Nikkei stock market average rose by more than 1.5
percent after the announcement.

Read More:
http://www.nytimes.com/aponline/2010/10/05/business/global/AP-AS-Japan-Central-Bank.html?emc=na

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Speech by Chairman Bernanke on fiscal sustainability and fiscal rules

Speech by Chairman Bernanke on fiscal sustainability and fiscal rules

At the Annual Meeting of the Rhode Island Public Expenditure Council, Providence, Rhode Island

http://www.federalreserve.gov/newsevents/speech/bernanke20101004a.htm

Released by the Board of Governors of the Federal Reserve System

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List of items posted to the Board's website over the past two weeks

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Janet L. Yellen and Sarah Bloom Raskin formally sworn in as members of the Board of Governors

Janet L. Yellen and Sarah Bloom Raskin formally sworn in as members of the Board of Governors

http://www.federalreserve.gov/newsevents/press/other/20101004a.htm

Released by the Board of Governors of the Federal Reserve System

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List of items posted to the Board's website over the past two weeks

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News Alert: Developer of In Vitro Fertilization Wins Nobel Prize for Medicine

Breaking News Alert
The New York Times
Mon, October 04, 2010 -- 5:55 AM ET
-----

Developer of In Vitro Fertilization Wins Nobel Prize for Medicine

Robert G. Edwards, the British scientist who developed in
vitro fertilization, won the 2010 Nobel Prize in Physiology
or Medicine.

In announcing the award, the prize committee at the
Karolinska Institute in Sweden said Dr. Edwards "battled
societal and establishment resistance to his development of
the in vitro fertilization procedure, which has so far led to
the birth of around 4 million people."

Read More:
http://www.nytimes.com/2010/10/05/health/research/05nobel.html?emc=na

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