| Jun 25, 2013
| 6:00 AM
Residential mortgage rates aren't just up from the bottom -- they have zoomed a full percentage point above recent record lows, reaching the mid-4% range.
The average rate for a 30-year fixed-rate home loan hit 4.63% on Monday, according to HSH...
| Sep 29, 2013
| 12:12 PM
In 1979, Tom Shea founded Florida’s first outplacement firm, which became one of the original units of Right Management. As CEO of Right’s Florida/Caribbean Region, he heads six offices statewide and in Puerto Rico. Now in over 50 countries,...
| Jun 28, 2013
| 7:15 AM
WASHINGTON -- The Federal Reserve doesn't have "unconditional optimism" about the economic recovery and won't pull back on stimulus efforts if conditions don't warrant it, a top central bank policymaker said Friday.
In prepared remarks to the Council on...
| Dec 13, 2012
| 12:16 PM
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit.
To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
| Dec 26, 2012
Pull up an empty chair, folks. (Up to you whether to interrogate it.) It's time to take a look back at the year that was, politically speaking.
We won't know the 2012 word of the year until The American Dialect Society's annual conference next week....
| Feb 27, 2013
| 11:03 AM
Nothing short of a miracle — or a sudden onset of rational behavior inside the Capital Beltway — is going to prevent mandatory, across-the-board federal spending cuts from going in effect Friday. It's also clear the public sector workforce...
| Mar 15, 2013
| 12:00 PM
A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep...
| Jul 31, 2013
| 11:39 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank's bond-buying program, but indicated that they expected economic growth to pick up.
Following a two-day meeting, the Federal Open...
| Aug 2, 2013
| 11:34 AM
WASHINGTON -- A top Federal Reserve official indicated Friday that he was not prepared to start reducing the central bank's bond-buying stimulus program soon, saying policymakers needed to see more economic data before making a decision.
| 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...
| Aug 5, 2013
| 7:26 AM
WASHINGTON -- Critics of Lawrence H. Summers, one of the leading candidates to be the next Federal Reserve chairman, point to his reputation for being difficult to work with.
But a former Obama administration economic aide who worked for Summers at the...