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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 34-44
  • 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...
  • 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...
  • 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...
  • Robust manufacturing output buoys U.S. economic outlook

    Robust manufacturing output buoys U.S. economic outlook
    WASHINGTON (Reuters) - U.S. manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter. While other data on Friday showed some cooling in factory...
  • Rising Orlando home prices chip away at affordability

    Rising Orlando home prices chip away at affordability
    Orlando remains one of the nation's more affordable housing markets, but the pinch of rising home prices on incomes is evident in a new study released Thursday. Orlando-area home buyers in May spent 17 to 20 percent of their earnings on house payments,...
  • 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...
  • 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...
  • Should Seniors Buy A House With A HECM Reverse Mortgage?

    Many home purchasers are seniors. Some become homeowners for the first time, but most have been and want to remain homeowners. They just don't want to remain in their current house. They may want a house that has no stairs, or one that is closer to family...
  • 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...
  • July's job growth strong but below expectations

    July's job growth strong but below expectations
    The labor market extended its best streak since the late 1990s, posting solid job growth last month that lured more people back into the workforce. The 209,000 net new jobs were below analyst expectations and a sharp falloff from June's robust 298,000...