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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles

Displaying items 1-11
  • Strong durable goods orders buoy growth outlook

    Strong durable goods orders buoy growth outlook
    WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter. The economy stumbled...
  • Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%

    Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%
    Fixed mortgage rates edged higher this week, with Freddie Mac reporting that lenders were offering 30-year loans to solid borrowers at an average of 4.33%, up from 4.27% a week ago. The average for a 15-year fixed loan rose from 3.33% to 3.39%, the...
  • Exclusive: White House considers former banking lawyer for Fed board - sources

    NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts The lawyer's name...
  • White House considers bank experts for Fed board: sources

    WASHINGTON (Reuters) - The White House is weighing candidates with community banking backgrounds to fill gaps on the Federal Reserve's powerful but depleted board, according to sources familiar with the efforts. Diana Preston, a lawyer who recently...
  • Why Elizabeth Warren's new book doesn't read like presidential prologue

    Elizabeth Warren's ninth book is a campaign biography with a twist. Warren, who emerged as a national figure during the early days of the financial crisis, rapidly became a star of the Democratic Party's liberal-populist wing. Her 2012 Senate campaign...
  • Consumer agency warns of student loan defaults if co-signer dies

    Consumer agency warns of student loan defaults if co-signer dies
    A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.   The federal consumer agency said that borrowers complain...
  • TD Ameritrade 2nd quarter profit up 35 pct on net new assets

    NEW YORK (Reuters) - TD Ameritrade Holding Corp , the biggest U.S. discount broker, said profit in its fiscal second quarter jumped 34.7 percent to $194 million on record revenue driven by net new client assets of $12.2 billion. The profit translates...
  • 'Boomerang buyers' purchase new homes after foreclosures

    'Boomerang buyers' purchase new homes after foreclosures
    Less than five years after Jose and Mary Guadalupe lost their longtime family home to foreclosure, the south Orange County couple were able to buy back their house. "I didn't want any other house," said Jose, a 55-year-old truck driver formerly in...
  • Author: Financial crisis cemented dollar's global role

    Author: Financial crisis cemented dollar's global role
    In contrast to just a few years ago, you don't hear the shrill cry over the dollar much anymore. In the early 2000s, during the 2008 financial crisis, and amid the political rancor over the U.S. debt ceiling in 2011, the doomsayers were out in force....
  • Obama not getting through with good news about health care

    Here's a bit of good news for nervous Democrats: President Barack Obama's health care law isn't going to be the albatross many feared it would be in this year's congressional elections. Enrollment has soared, and the Congressional Budget Office...
  • Citigroup's leaders say company needs to simplify itself

    ST. LOUIS (Reuters) - The two men at the top of Citigroup Inc , the third-biggest U.S. bank and the most international, acknowledged on Tuesday that the company must do more to simplify itself. Asked at an annual meeting of shareholders whether Citigroup...