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When Will Fed Officials Ease Off The Accelerator?

Federal Reserve chairman Ben Bernanke told Congress Wednesday that the central bank is not ready to scale back on economic stimulus. But he suggested the Fed may start to pare back bond purchases if the economy picks up momentum. Stocks fell following Bernanke's remarks.

Goldman Sachs Is Doing Well, So Is Its CEO Lloyd Blankfein

Big bank Goldman Sachs holds its annual shareholder meeting Thursday. Five years ago, during the financial crisis, Goldman's CEO Lloyd Blankfein was a poster boy for overpaid executives. To find out how much he is making now, Renee Montagne talks Neil Weinberg, editor in chief of American Banker.

College Students Wait To See If Loan Rates Double

College students could end up paying a higher interest rate on their government subsidized loans unless Congress steps in. In a replay of last year's battle, Republicans, Democrats and the Obama administration all have competing proposals. A vote is scheduled in the House of Representatives Thursday. But with no consensus in sight, it's not clear if lawmakers can keep interest rates from doubling on July 1.

Venezuela Suffers Through Toilet Paper Shortage

Venezuela is rich in oil, but relies on imports for many basic goods — including toothpaste, soap and toilet paper. For weeks now the country has had a chronic toilet paper shortage. Lawmakers voted to approve a $79 million credit to the government to resolve the issue.

Tesla Proves Critics Wrong

Three years ago President Obama's green energy loan program gave a $455 million federal loan to electric car maker Tesla. Critics bashed the loan as risky. On Wednesday, Tesla announced it had paid that loan back in full – and early.

IRS Official's Silence Riles House Committee Members

On Wednesday, Lois Lerner, the IRS official overseeing the tax-exempt organizations office, refused to testify during a hearing on Capitol Hill, and was attacked by some Republicans on the House committee. Her brief appearance was the beginning of a five-hour session marked by angry outbursts and allegations of political motives.

Jobless Claims Drop, But Stay In Recent Range

There was more of a decline than economists expected, but the weekly pace hasn't really changed much since late 2011.