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Money and Monetary Policy

A collection of news and information related to Money and Monetary Policy published by this site and its partners.

Top Money and Monetary Policy Articles

Displaying items 12-22
  • Eurozone economy stalls, adding new worries for American recovery

    The Eurozone's feeble recovery came to an outright halt in the second quarter, the latest in a batch of disappointing global economic indicators that have clouded the prospects for American growth. Economic output in the 18-nation Euro area stalled in...
  • U.S. jobless claims up, but trend still points to firming jobs market

    U.S. jobless claims up, but trend still points to firming jobs market
    The number of Americans filing new claims for unemployment benefits rose more than expected last week, but will probably do little to change views that the labor market was strengthening. Initial claims for state unemployment benefits increased 21,000 to...
  • New FICO criteria could help borrowers

    The nation's dominant credit-scoring system is being revised in a way that could save consumers nationwide billions of dollars, especially in qualifying for mortgages, auto loans and credit cards at lower interest rates. The changes to FICO criteria are...
  • L.A. council votes to pressure two banks to redo interest rate swaps

    The Los Angeles City Council voted unanimously Wednesday to seek to redo borrowing deals with two banks that advocates say are charging excessive interest rates and eating up money that could help with major infrastructure repairs. The vote made Los...
  • L.A. Council calls for banks to renegotiate bond interest rates

    L.A. Council calls for banks to renegotiate bond interest rates
    The Los Angeles City Council unanimously voted Wednesday to try to get out of borrowing deals with banks that advocates say are siphoning off money from the city. But at the council meeting, questions arose about how and where the city could use any...
  • Glendale philanthropist at center of dispute over will

    Glendale philanthropist at center of dispute over will
    The owner of a Glendale BMW dealership and the children of a deceased man who once owned a portion of the property on Brand Boulevard on which it sits are embroiled in multiple legal battles relating to his wills as well as alleged elder abuse. A San...
  • L.A. weighs plan to press banks to renegotiate rate swaps

    Los Angeles could become the nation's biggest city seeking to jettison financial deals crafted on the eve of the Great Recession that union and community activists contend are draining funds from city services. The City Council will vote Wednesday on...
  • County considers requiring supermajority vote to boost pay, benefits

    County considers requiring supermajority vote to boost pay, benefits
    Los Angeles County's five supervisors took a step Tuesday -- over the objections of labor groups -- toward approving a new set of rules that would require a four-fifths vote for any salary or benefit increases in union contracts. The proposal by...
  • Many Americans are still struggling financially

     Many Americans are still struggling financially
     Four in 10 U.S. households are straining financially five years after the Great Recession — many struggling with tight credit, soaring education debt and profound issues related to savings and retirement, according to a new Federal Reserve survey....
  • Millions to get break in new credit score calculation

    Millions to get break in new credit score calculation
    The formula for calculating the most widely used credit scores will soon change to lessen the impact of bad medical debts and ignore old unpaid debts of any type that are later paid off. Over time, the move is likely to raise some credit scores and...
  • Rising prices push new-home buyers into Lake, Osceola counties

    Rising prices push new-home buyers into Lake, Osceola counties
    Rising prices, stagnant wages and creeping interest rates are pushing Central Florida's new-home buyers into Lake and Osceola counties, where real estate struggled the most during the downturn. After home prices collapsed starting in 2007, partly...