US Fed joins Twittersphere

The US Federal Reserve, the financial backbone of the world's biggest economy, said Wednesday it would try its hand at Twitter to improve communications with the public.

The central bank's board launched its official Twitter channel -- @federalreserve -- "with the aim of increasing the accessibility and availability of Federal Reserve Board news," its said.

The jump into the wildly popular social media stream, however, was by no means a slight to the board's website, www.federalreserve.gov.

The website will remain the board's "primary channel of communication," while selected announcements "will be tweeted after they are first posted on the website," it said.

The first Fed tweets refer to the latest remarks from Fed chairman Ben Bernanke, the results of a study on mobile banking, and Bernanke's lecture series slated for George Washington University on March 20-29.

Other tweets will deal with its press releases, monetary reports, speeches, and testimony.

While a first for the Fed's board, 10 of the Fed's 12 regional districts have been tweeting for some time. The Dallas Fed and the Kansas City Fed, covering a broad central swath of the country, have yet to join the Twittersphere.

  • 2015 Nissan Murano aims for the style-forward crowd 6 hours ago
    2015 Nissan Murano aims for the style-forward crowd

    Nissan says its 2015 Murano crossover, only the second major revamp of the car since it debuted in 2003, draws its design cues from the “age of future space flight.” That’s probably taking it a little far, but the new Murano, based off the 2013 Resonance concept vehicle, is an exceptionally lovely machine, all fluid, curved metal on the outside, and flowing, soft-touch materials on the inside. Certain kinds of comfort and charms that were unheard-of outside of premium vehicles five years ago have definitely trickled down, and reached a kind of design apotheosis with this car.

  • Volkswagen brings new (ish) Jetta to New York along with Golf Sportwagen 9 hours ago
    Volkswagen brings new (ish) Jetta to New York along with Golf Sportwagen

    With its new President and CEO of America, Michael Horn, on stage in New York after just 100 days on the job, Volkswagen debuted its 2015 Jetta. You'd be forgiven for noticing little differences compared to the outgoing model, and in the words of Horn himself, the changes are indeed subtle. The most notable of those subtleties is the all-new 2.0 liter turbo diesel motor, offering 45 mpg highway and a modest increase of 10 hp. For VW, diesel is where it's at.

  • With Vantage GT, Aston Martin races below $100,000 10 hours ago
    With Vantage GT, Aston Martin races below $100,000

    Aston Martin is going downmarket, sort of. The 2015 Vantage GT, a sport-styled variant of Aston’s legendary flagship car, draws style and performance tips from their GT4 race cars, which will be running in North America this year. It’s also priced at $99,900, which shows that the market for these kinds of consumer sports cars has boomed in recent years.