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Kerry warns Congress against anti-Iran sanctions

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US Secretary of State John Kerry has warned Congress that any new sanctions against Iran will be viewed as “bad faith” and can “destroy the ability to” reach an agreement. “Our hope is now that no new sanctions would be put in place for the simple reason that if they are, it could be viewed as bad faith by the people we’re negotiating with, [and] it could destroy the ability to be able... 

Bernanke’s legacy: Fed set to lose $500 billion

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Economists predict that the US Federal Reserve could lose half a trillion dollars in just three years thanks to policies enacted by the central bank under Chairman Ben Bernanke. A study conducted by investment analysts at New York City’s MSCI Inc. suggests that Mr. Bernanke’s efforts to keep the floundering economy in tact on the heels of a recession have proven to be futile and will continue... 
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