News

Articles in "The Economy"

May 25, 2012 09:38 AM
Consumer sentiment reaches post-recession high

Consumer sentiment rose in May to its highest level since October 2007, despite a tough month on Wall Street and worsening conditions in Europe.

The Thomson Reuters/University of Michigan index climbed to 79.3 in its final May reading, up from a...

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May 25, 2012 09:30 AM
Consumer sentiment reaches post-recession high

Consumer sentiment rose in May to its highest level since October 2007, despite a tough month on Wall Street and worsening conditions in Europe.

The Thomson Reuters/University of Michigan index climbed to 79.3 in its final May reading, up from a...

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May 24, 2012 07:58 AM
Jobless claims fall by 2,000 to 370,000 filings

The number of Americans filing for unemployment insurance fell by 2,000 to 370,000 filings for the week ending May 19, the government said Thursday.

That is down from the 372,000 filings a week earlier, which is based on revised estimates. Meanwhile, the...

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May 24, 2012 07:49 AM
Jobless claims fall by 2,000 to 370,000 filings

The number of Americans filing for unemployment insurance fell by 2,000 to 370,000 filings for the week ending May 19, the government said Thursday.

That is down from the 372,000 filings a week earlier, which is based on revised estimates. Meanwhile, the...

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May 23, 2012 03:49 PM
First-quarter housing data shows promise: Freddie Mac

Initial economic growth estimates for the first quarter hit 2.2%, slower than the fourth quarter of 2011, but still improved from three of the past four quarters, Freddie Mac said in its U.S. Economic and Housing Market Outlook.

Optimism also spread through the market due...

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May 23, 2012 02:33 PM
First-quarter housing data shows promise: Freddie Mac

Initial economic growth estimates for the first quarter hit 2.2%, slower than the fourth quarter of 2011, but still improved from three of the past four quarters, Freddie Mac said in its U.S. Economic and Housing Market Outlook.

Optimism also spread through the market due...

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May 22, 2012 08:29 AM
Europe remains biggest risk to global recovery: OECD

Economic activity remains relatively stable in emerging markets and the United States, but Europe remains a fiscal threat to the entire global recovery, economists with the Organization for Economic Co-operation and Development said Tuesday.

"The crisis in the euro zone...

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May 21, 2012 08:44 AM
Fed's Lockhart will not rule out QE3

Federal Reserve Bank of Atlanta CEO and Chairman Dennis Lockhart said another round of quantitative easing, or Fed asset purchases, is not needed right now, but not entirely off the table.

Lockhart spoke to the Institute of Regulation & Risk in Tokyo Monday,...

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May 21, 2012 07:45 AM
Fed's Lockhart will not rule out QE3

Federal Reserve Bank of Atlanta CEO and Chairman Dennis Lockhart said another round of quantitative easing, or Fed asset purchases, is not needed right now, but not entirely off the table.

Lockhart spoke to the Institute of Regulation & Risk in Tokyo Monday,...

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May 18, 2012 01:45 PM
State, regional job employment improves slightly

With the coming summer, the Bureau of Labor Statistics reported a slight, but steady improvement for the job market in April, showing that the unemployment rate dropped in...

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May 18, 2012 11:42 AM
State, regional job employment improves slightly

With the coming summer, the Bureau of Labor Statistics reported a slight, but steady improvement for the job market in April, showing that the unemployment rate dropped in...

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May 17, 2012 04:52 PM
More than $500B needed to meet Basel III rules, analysts say

Analysts at Fitch Ratings estimate the 29 global systemically important financial institutions, or G-SIFIs, need to raise $566 billion in common equity in order to...

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May 17, 2012 04:34 PM
More than $500B needed to meet Basel III rules, analysts say

Analysts at Fitch Ratings estimate the 29 global systemically important financial institutions, or G-SIFIs, need to raise $566 billion in common equity in order to...

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May 17, 2012 03:12 PM
Senate confirms two for Fed board

The Federal Reserve Board of Governors will soon be back to full strength with the approval of two nominees Thursday.

Senate confirmed Jay Powell and Jeremy Stein to serve as Fed governors, nearly five months after their nominations. The vote was 74-21 in approval for...

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May 17, 2012 03:06 PM
Senate confirms two for Fed board

The Federal Reserve Board of Governors will soon be back to full strength with the approval of two nominees Thursday.

Senate confirmed Jay Powell and Jeremy Stein to serve as Fed governors, nearly five months after their nominations. The vote was 74-21 in approval for...

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