| Nov 10, 2014
| 4:59 PM
The Federal Reserve has ended its roughly $3.7 trillion program of bond buying, leaving in its wake hard questions Did it strengthen the economic recovery? If so, by how much? What are the long-run effects? Should it be used again? We don't have good...
| Jul 17, 2014
There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV.
| Aug 18, 2014
| 11:02 AM
Federal Reserve Chair Janet Yellen has a stubborn warning light blinking on her labor market dashboard: A group of Americans larger than Washington state's population can find only part-time work.
As Yellen heads to this week's Fed symposium in...
| Aug 1, 2014
| 4:56 PM
If Ohio's senior senator were named Sharon Brown instead of Sherrod Brown, progressives would have a plausible political pin-up and a serious alternative to the tawdry boredom of Hillary Clinton's joyless plod toward her party's presidential nomination....
| Sep 8, 2014
| 3:16 PM
It was widely noticed two weeks ago that the Standard & Poor's 500 index, the most important stock market indicator, hit a milestone by crossing 2,000 for the first time.
It was somewhat less widely noticed that on that day, you would have notched a...
| Aug 5, 2013
My family's newest member popped into the world with this year's crocuses, just in time for UNICEF's report card on child well-being.
Unbeknownst to our bundle of joy, the country of his birth was down at the bottom of the list of 29 nations, with...
| May 13, 2014
| 5:16 PM
Traders may have made up to $256 million in illicit profit by getting early word of the Federal Reserve’s decisions to loosen or tighten the money supply, according to researchers at Singapore Management University.
The researchers cited “...
| Aug 9, 2013
| 2:57 PM
WASHINGTON -- President Obama praised both Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
| Apr 28, 2014
| 6:15 AM
Federal Reserve officials are expected to start slowly reducing the central bank's $4.2 trillion in assets next year after the end of a key stimulus program that has helped dramatically increase the size of its balance sheet, according to survey results...
| Jul 19, 2013
| 4:32 PM
Investors for years have poured money into bonds despite the low yields, viewing them as low-risk and reliable. The trend has been so dominant that some experts have warned of a so-called "safety bubble."
But after the Federal Reserve indicated that...
| Jul 11, 2013
| 7:12 PM
The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy.
The Dow Jones industrial average and the Standard & Poor's 500 index, the two most...