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Articles in "The Economy"
Federal Reserve Chairman Ben Bernanke and Consumer Financial Protection Bureau Director Richard Cordray both spoke Wednesday at the Independent Community Bankers of America national convention.
Both officials reassured members of the ICBA...
Four of 19 banks failed to meet at least one of the minimum capital ratios in the Federal Reserve's stress tests.
The banks that did not meet all the standards are SunTrust...
The Federal Open Market Committee decided Tuesday to keep the target range for the federal funds rate at 0% to 0.25% but said high oil prices could temporarily push inflation higher.
The committee said the information it's received since meeting in January suggest the...
Unemployment rates fell in 45 states and the District of Columbia in January, but economic forecasters remain cautious making it hard to predict the economy's trajectory.
A new report from the U.S. Bureau of Labor Statistics on Tuesday said regional and state unemployment...
Purchasing power among Latinos in the U.S. rose to $1.1 trillion in 2011, a sign of continued growth in influence on the economy and housing market, according to a real estate trade group.
The National Association of Hispanic Real Estate Professionals said many factors,...
Purchasing power among Latinos in the U.S. rose to $1.1 trillion in 2011, a sign of continued growth in influence on the economy and housing market, according to a real estate trade group.
The National Association of Hispanic Real Estate Professionals said many factors,...
The Federal Reserve released details on its stress tests, or how it will assess the strength and resilience of bank holding companies in an adverse economic and financial market environment.
Results of the stress tests are expected on Thursday.
In November, the...
The Federal Housing Finance Agency will develop and finalize its plan to build a securitization platform by Dec. 31.
The plan, announced in February, is...
The Federal Housing Finance Agency will develop and finalize its plan to build a securitization platform by Dec. 31.
The plan, announced in February, is...
The U.S. economy added 227,000 jobs in February and the unemployment rate remained 8.3%.
The Labor Department said large gains in professional and business services, health care and social assistance, leisure and hospitality, manufacturing and mining jobs drove the...
At home and abroad, Treasury Secretary Timothy Geithner said the economy is on the mend but faces years of painstaking reforms.
"We're in a much stronger position than I really thought we would be at this time," Geithner said at the Dallas Regional Chamber...
At home and abroad, Treasury Secretary Timothy Geithner said the economy is on the mend but faces years of painstaking reforms.
"We're in a much stronger position than I really thought we would be at this time," Geithner said at the Dallas Regional Chamber...
Household debt increased during the fourth quarter for the first time in nearly four years despite a continued drop in mortgage debt, according to the Federal Reserve.
Debt rose just 0.3% at a seasonally adjusted rate, but marked the first increase since the first quarter...
Household debt increased during the fourth quarter for the first time in nearly four years despite a continued drop in mortgage debt, according to the Federal Reserve.
Debt rose just 0.3% at a seasonally adjusted rate, but marked the first increase since the first quarter...
The number of initial jobless claims rose last week, but stayed below 400,000 once again. Claims continue to hover near the lowest level in four years.
The Labor Department said the seasonally adjusted figure of actual initial claims for the week ended March 3 increased...