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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 23-33
  • While profit rises, U.S. Bancorp focuses on costs, waits for Fed hike

    MINNEAPOLIS U.S. Bancorp beat analyst estimates in the fourth quarter as profits rose 2.2 percent on accelerating loan growth and improved loan quality. Revenue growth continues to be a struggle, the bank's leaders said, and the company will try to...
  • IMF upgrades U.S. growth projections but downgrades global outlook

    IMF upgrades U.S. growth projections but downgrades global outlook
    The International Monetary Fund on Tuesday upgraded its economic growth forecast for the U.S. based on stronger demand fueled by lower oil prices, but the organization downgraded its global outlook because of continued fallout from the 2008 financial...
  • The value of a strong dollar

    The value of a strong dollar
    President Harry Truman was once heard expressing an odd wish to meet a one-armed economist. Why? Because he tired of economists who provided explanations that included the terms "on one hand" and "on the other hand." He wanted simple, unequivocal answers,...
  • US consumer prices drop 0.4 percent in December, biggest monthly fall in 6 years, as gas drops

    U.S. consumer prices fell in December by the largest amount in six years, reflecting another big monthly decline in gas prices and providing further evidence of falling inflation pressures. The Labor Department said Friday that its consumer price index...
  • US factories churn out more steel, furniture, lifting production for 4th straight month

    U.S. factory production rose in December as manufacturers churned out more furniture, computers and clothing, offsetting a decline in autos. Factory production increased 0.3 percent last month, the Federal Reserve said Friday, its fourth straight gain....
  • Plunging energy prices cause biggest cost-of-living drop in six years

    Plunging energy prices cause biggest cost-of-living drop in six years
    Plunging energy prices last month led to the biggest decline in the cost of living in six years, keeping inflation well below the Federal Reserve's target and possibly complicating plans for the central bank to start raising interest rates. The Consumer...
  • U.S.-Cuba Relations: a new beginning or much ado about nothing?

    U.S.-Cuba Relations: a new beginning or much ado about nothing?
    Former Federal Reserve chairman Alan Greenspan, in a 1996 televised speech, referred to the continued overvaluation of stocks as "irrational exuberance" — an apt expression today in the wake of President Barack Obama's Dec. 17th announcement of a...
  • US stocks waver in early trade; BlackBerry sinks after denying deal talks with Samsung

    Stocks are wavering in early trading as investors weigh some positive economic news against several disappointing reports from U.S. companies. The New York branch of the Federal Reserve reported strength in manufacturing in the region Thursday, but...
  • Fed survey finds US economy growing moderately but energy price plunge hurting in oil patch

    The U.S. economy was growing at a moderate pace in December and early January, helped by gains in sales of autos and other consumer products, but a big drop in oil prices was starting to have an impact in Texas and other energy regions, the Federal...
  • House Republicans push through bill easing Wall Street rules imposed after financial crisis

    Propelled by its enlarged Republican majority, the House has moved to ease a landmark law reining in banks and Wall Street, more than six years after a financial crisis brought on the Great Recession. The vote was 271-154 on legislation that advanced a...
  • In first legal challenge to US crisis body, MetLife appealing label as company posing risk

    In the first legal challenge to a U.S. body that arose from the financial crisis, MetLife is challenging its designation by regulators as a potential threat to the financial system. MetLife Inc., the largest U.S. insurance company by assets, announced...