Greenspan-Aging US population to strain finances
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Rising pressure on US finances from an aging population make it vital quickly fix the social safety net with such steps as raising the age for full retirement benefits, Federal Reserve Chairman Alan Greenspan said on
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Federal Reserve Chairman Alan Greenspan has done it again. For at least the fourth time this year, he has touched the electrified third rail of American politics - Social Security.
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Federal Reserve Chairman Alan Greenspan delivered a blunt warning Friday that foreign investors might get sick of subsidizing the nation&#39;s widening trade and budget deficits, remarks that caused US financial markets to tremble.
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Fed chief says quick fix for social safety net programs vital to avoid more painful steps later. JACKSON HOLE, Wyo.  - Rising pressure on US finances from an aging population make it vital to quickly
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Former Federal Reserve chairman Alan Greenspan warned yesterday that the US economy might slip into recession by year's end.
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Risks of a recession have increased,  but the Federal Reserve must be cautious in supporting the  economy because global forces that have kept inflation in check  are receding, former Fed Chairman Alan Greenspan said on  Monday.
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WASHINGTON -- Unless Social Security and Medicare are revamped, the massive burden from retiring baby boomers will place major strains on the nation's budget and the economy, Federal Reserve Chairman Ben Bernanke said Wednesday.
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Investors' appetite for U.S. assets will eventually dwindle and the United States must reduce its budget deficit to prevent major economic damage, Federal Reserve Chairman Alan Greenspan said on Friday, in remarks that hit the dollar hard.
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With $41 trillion in private wealth set to be transferred in the United States in the coming decades, families are wondering how to prepare their children.
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Older investors are facing tough economic realities as a result of the disappointing United States stock market this year.
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The chairman of the Federal Reserve Board, Alan Greenspan, warned that the government might have to scale back programs like Social Security and Medicare.
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The world will be living with volatile oil prices for years to come, but this year's price spike should not be serious enough to push the country into a recession, Federal Reserve Chairman Alan Greenspan said Friday.
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The likelihood of the United States slipping into recession is at least 50 percent, former Federal Reserve Chairman Alan Greenspan was quoted as saying on Wednesday, in an interview with a German newspaper.
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The world will be living with volatile oil prices for years to come, but this yearâs price spike should not be serious enough to push the US into a recession, US Federal Reserve Chairman Alan Greenspan said yesterday.
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An aging US population would strain public finances and hurt the economy unless there were quick adjustments to the social safety net, such as raising the age for
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Former U.S. Federal Reserve Chairman  Alan Greenspan said on Monday he expected the dollar to stay  weak for the next few years and will continue to drift down,  weighed by the U.S. balance of payments deficit.
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HONG KONG -- Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.