Federal Reserve Chairman

Here's a quick primer on the Fed, why you never want a central bank to have to do anything, and the reason why we all hang on Ben Bernanke's every word.

Paul Volcker, chairman of the Economic Recovery Advisory Board for President Barack Obama, is set to step down from the position next month. As a key adviser to the president, Volcker has advocated for tougher financial regulations and counseled the government on fiscal policy.

Among the day's top online stories for investors: Is the stock market overvalued? How much money does a startup need to raise? And why Republicans could do better today than expected.

Donald Kohn, the vice chairman of the Federal Reserve who has worked at the institution for 40 years, will become a senior fellow at the Brookings Institution when he leaves the Fed next week. Kohn, 67, advised Fed Chairman Ben Bernanke throughout the financial crisis, and also served as a key...

Greenspan expects jobs "to come back fairly quickly" since frightened businesses cut costs so deeply and can now barely keep up with demand. Still, he warned that unemployment rates could stay high for a while.