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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 111-121
  • Business economists report solid but slowing growth in third quarter

    Business economists report solid but slowing growth in third quarter
    Business economists reported solid but slowing growth at their companies over the summer as gauges of sales, hiring and profit margins fell slightly from the second quarter, according to survey results released Monday. Despite concerns about economic...
  • Yellen says rising income inequality in U.S. 'greatly' concerns her

    Yellen says rising income inequality in U.S. 'greatly' concerns her
    Federal Reserve Chairwoman Janet L. Yellen raised alarms Friday about rising income inequality in the U.S., saying it "greatly" concerned her and suggesting the trend was incompatible with American values. The last several decades "have seen the most...
  • Weekly jobless claims hit 14-year low despite global economic trouble

    Weekly jobless claims hit 14-year low despite global economic trouble
    Initial claims for jobless benefits fell sharply last week to their lowest level in 14 years as the labor market continued to show signs of improvement despite global economic problems. The number of people filing for first-time unemployment benefits...
  • Philly fed chief: Ebola, market volatility no major threats to economy

    Philly fed chief: Ebola, market volatility no major threats to economy
    It's been leading cable news and getting blamed in part for declines in global stock prices, but the Ebola outbreak isn't atop Philadelphia Federal Reserve Bank President Charles Plosser's list of threats to U.S. economic growth. "You can make up...
  • U.S. stocks slammed by global fears

    First it was fresh concerns about the fragile Eurozone recovery. Then there was the sudden steep fall in oil prices. Now investors are worrying whether the American economy can pull up a slumping global economy. And overlaying all these — fears...
  • Lower mortgage rates a silver lining of stock market drops

    If there's an upside to a plunging stock market, it's that mortgage rates are falling too. Investors bailing out on stocks have piled into ultra-safe U.S. Treasury bonds, pushing down the government's long-term borrowing costs on Wednesday to the lowest...
  • Peter Morici: Don't get panicky now; stocks still good investment

    Peter Morici: Don't get panicky now;  stocks still good investment
    Wall Street may be in a panic, but ordinary investors should not sell their stocks. A recession in Europe, slower growth in China, falling oil prices, and prospects the Federal Reserve will raise short-term interest rates in 2015 are keeping money...
  • Groups urge U.S. to reject CIT takeover of OneWest Bank

    Groups urge U.S. to reject CIT takeover of OneWest Bank
    Two major community advocacy groups called on federal regulators to reject CIT Group Inc.'s proposed $3.4-billion takeover of Pasadena's OneWest Bank, contending that the bankers are catering to the rich and neglecting lower-income California borrowers....
  • Fed official warns against raising interest rates 'prematurely'

    Fed official warns against raising interest rates 'prematurely'
    Even though a global slowdown threatens the U.S. recovery, the biggest risk facing the nation's economy would be decision by the Federal Reserve to raise interest rates too soon, according to a top central bank policymaker. The Fed should be patient...
  • Top Fed official fears people 'expect too much' from central bank

    Top Fed official fears people 'expect too much' from central bank
    A top Federal Reserve official said Friday that Americans “expect too much” from the central bank, particularly when it comes to reducing unemployment. Charles Plosser, a voting member on the policymaking Federal Open Market Committee, said...
  • Stocks fall on fears of weakness abroad

    It was the steepest of roller-coaster rides for investors this week, and it ended with a 115-point drop in the Dow Jones industrial average that wiped out the year's gains for the benchmark index. Throughout the nation and worldwide, major indexes...