Greenspan-Aged Population to Hit Finances
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JACKSON HOLE, Wyo.  - An aging U.S. population  will strain public finances and hurt the economy without swift  fixes to the social safety net, such as raising the age for  full retirement benefits, Federal Reserve Chairman Alan  Greenspan said on Friday.
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Battle lines are drawn at the  Federal Reserve between those who favor formal inflation goals  and those who don't, and the debate is heating up ahead of the  coming retirement of Chairman Alan Greenspan.
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If you're not prepared, inflation can ruin your retirement.
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Federal Reserve chairman Alan Greenspan warns that prompt action is needed to fund pensions for the ageing US population.
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WASHINGTON - The nation will face &quot;abrupt and painful&quot; consequences unless the government moves quickly to fix the finances of Social Security and Medicare, Federal Reserve Chairman Alan Greenspan said Friday.
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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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A big overhang of property will bring U.S. house prices down further, but it is too early to say if the economy will plunge into recession, former Federal Reserve chief Alan Greenspan was quoted as saying on Friday.
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WASHINGTON -- As President Bush puts together his second-term Cabinet, the financial world's attention is on a job vacancy 14 months away. The question is who will succeed Federal Reserve chairman Alan Greenspan, now in his 18th year in the job.
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TORONTO - Stock markets could find it tough to find traction this week as a blunt warning from Alan Greenspan rings in investors&#39; ears.
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Greenspan charts our economic course in 'The Age of Turbulence.' An excerpt.
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Alan Greenspan steered the economy through turbulence to unprecedented growth. At a time of new uncertainty, a look at his legacy.
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Mr. Greenspan, chairman of the Federal Reserve, is scheduled to testify before the House Budget Committee on Wednesday on two sensitive topics: the economy and the federal budget deficit.
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JACKSON HOLE, Wyo.  - Rising pressure on U.S.  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 Friday.
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Squeezed by soaring health-care costs and dwindling pensions, ever more Americans are choosing to postpone retirement -- and the Washington region leads the nation when it comes to working past age 65, according to census figures released today.
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Federal Reserve Chairman Alan Greenspan&#39;s age and length of tenure must be taking its toll on his thinking processes and memory.
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When a 76-year-old pensioner recently  told Jill Schlesinger he wanted to put 10 percent of his  &#36;100,000 portfolio into gold, the financial adviser knew the  latest investment craze would likely end badly, and soon.
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Former Federal Reserve chairman Alan  Greenspan was quoted as seeing a "one-third probability" of  recession in the United States this year, according to an  interview with Bloomberg.