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Articles in "The Economy"
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...
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...
The number of jobless claims filed for the week ending May 12 hit 370,000 applications, which is unchanged from the previous week's revised figure, according to the Bureau of Labor Statistics.
Claims holding steady, rather than increasing, may stave off fears that a shaky...
Members of the Federal Open Market Committee said at its latest meeting the U.S. remained on a path of moderate economic growth, though members seemed more willing to introduce another round of easing if the economy sputters.
Minutes released Wednesday from the April 24-...
Members of the Federal Open Market Committee said at its latest meeting the U.S. remained on a path of moderate economic growth, though members seemed more willing to introduce another round of easing if the economy sputters.
Minutes released Wednesday from the April 24-...
Consumer credit defaults continued to decline in April, marking fresh post-recession lows.
The composite Standard & Poor’s/Experian index dropped to 1.86%, it’s lowest level since July 2007, from 1.96% in...
Consumer credit defaults continued to decline in April, marking fresh post-recession lows.
The composite Standard & Poor’s/Experian index dropped to 1.86%, it’s lowest level since July 2007, from 1.96% in...
The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corp. on Monday issued final supervisory guidance regarding stress-testing practices at banking organizations with total assets of more...
The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corp. on Monday issued final supervisory guidance regarding stress-testing practices at banking organizations with total assets of more...
A preliminary reading of May consumer sentiment hit its highest level since the recession, suggesting a more positive public outlook of the U.S. economy.
The Thomson Reuters/University of Michigan index registered a reading of 77.8 in its midmonth report...
A preliminary reading of May consumer sentiment hit its highest level since the recession, suggesting a more positive public outlook of the U.S. economy.
The Thomson Reuters/University of Michigan index registered a reading of 77.8 in its midmonth report...
Fixed-rate mortgages hit new all-time lows for the second-straight week, following declining long-term Treasury bond yields.
The Freddie Mac survey showed the 30-year FRM averaged 3.83% for the week ending Thursday — the lowest rate ever recorded — inching down from the...
Fixed-rate mortgages hit new all-time lows for the second-straight week, following declining long-term Treasury bond yields.
The Freddie Mac survey showed the 30-year FRM averaged 3.83% for the week ending Thursday — the lowest rate ever recorded — inching down from the...
The number of Americans filing jobless claims fell by 1,000 applications to 367,000 filings for the week ending May 5, the Labor Department said Thursday.
That is down from the previous week's revised figure of 368,000. Meanwhile, the four-week moving average hit 379,000...
The most immediate domestic threat to reaching full national employment is the continuing foreclosure crisis and the possibility that house prices will sink further, says Mark Zandi, chief economist for Moody’s Analytics.
The national economy is expected to grow around 2....