topic-04019001 News Coverage on Money and Monetary Policy - CTNow
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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
  • U.S. economy grows at 4% annual rate in second quarter

    U.S. economy grows at 4% annual rate in second quarter
    The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates. The nation's total economic output, or gross domestic product,...
  • CME Group earnings drop on weak trading volumes

    CME Group earnings drop on weak trading volumes
    CME Group Inc., the world's largest futures market operator, on Thursday reported lower-than-expected second-quarter earnings due to weak trading volumes. CME Group Inc., the world's largest futures market operator, reported lower-than-expected second-...
  • Legg Mason continues growth after years of withdrawals

    Legg Mason continues growth after years of withdrawals
    Legg Mason Inc. reported Thursday its quarterly profit grew 51 percent, thanks to a strategy that has diversified the money manager's investment portfolio. The Baltimore-based company said it earned $72.2 million, or 61 cents per share, in the three...
  • July's solid job growth shows economic recovery is advancing

    July's solid job growth shows economic recovery is advancing
    July’s employment report showing net growth of 209,000 jobs was below expectations and a sharp tail-off from the previous month, but still represents a solid gain that shows the recovery from the Great Recession is advancing, economists said....
  • Sales of homes for at least $1 million heat up in California

    Sales of homes for at least $1 million heat up in California
    While the overall housing market may have been stuck in neutral this spring, there was no stopping sales of high-end homes. Sales of homes for $1 million or more hit a seven-year high in California in the second quarter, while sales of $2-million-plus...
  • Stocks plunge on worries about interest rate increase

    Stocks plunge on worries about interest rate increase
    Wall Street's long-running bull market got a jolt Thursday from investors increasingly worried that the improving economy will push policymakers to raise interest rates sooner than expected. Stocks have been tumbling this week, and Thursday's 317-...
  • The day ahead in business

    The day ahead in business
    Reports: June retail sales, import and export indexes, May business inventories, ICSC-Goldman Sachs and Redbook retail chain sales for period ending July 12 Local earnings: AAR Corp. Other earnings: Goldman Sachs Group Inc,, JPMorgan Chase & Co.,...
  • Fed Chairwoman Yellen says economic recovery incomplete

    Fed Chairwoman Yellen says economic recovery incomplete
    The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday. In a strong defense of...
  • Tapping retirement accounts penalty-free before 59 1/2

    Workers are retiring earlier these days, whether by choice or not, and many find they need to withdraw funds from retirement accounts prior to age 59 1/2. That's the age when account holders can take distributions from 401(k) plans and traditional and...
  • These are nationally available credit cards offering the lowest interest rates on purchases as of Jul. 16. If you typically

    pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards listed below feature special introductory or "teaser" rates for a specified time before regular rates apply. Additional...
  • The inflation alarms are still false

    The inflation alarms are still false
    There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV. Chicago-based...