Will “Foreclosure-gate” Cost the Banks Billions?

Protests of banks’ foreclosure practices are getting new attention (Shannon Stapleton/REUTERS)

The banks’ tab from the housing bust is set to get a lot bigger.

In the past few weeks, state attorneys general and lawyers representing borrowers in danger of losing their homes have uncovered a number of certainly dubious, potentially …

In Fed Shift, Bernanke Says He Wants More Inflation

Bernanke is tilting toward boosting inflation (Jason Reed/REUTERS)

Ever since the 1970s, one of the key jobs of the US Federal Reserve has been to fight inflation. Now, it seems the Fed is embarking on a path to resurrect its old foe.

On Friday morning, at a conference on Fed policy in Boston, Fed chairman Ben Bernanke made the case …

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