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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 78-88
  • 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...
  • Couple struggling with three loans on two houses

    By Ilyce Glink and Samuel J. Tamkin Q: My husband and I have a house outside of Atlanta that we have lived in for 30 years. We have a first mortgage and a home equity line of credit, and both still have balances. If we sell this house, we probably could...
  • Borrowers to get refunds for illegal interest charged on online loans

    Borrowers to get refunds for illegal interest charged on online loans
    Several companies involved in making and collecting online loans are banned from loaning money to Pennsylvania residents for three years and will pay to refund excessive interest they illegally charged, the Pennsylvania Department of Banking and...
  • Legislation seeks to cap interest rates on payday, car title loans

    Pennsylvania has laws that try to protect people from lenders that charge exhorbitant interest on payday and other loans. But with recent attempts to weaken those protections and allow for the return of payday loan stores, a federal lawmaker is...
  • Ramesh Ponnuru: Inflation hawks' crank data just doesn't add up

    "I don't think you have until 2012 before this gets out of control and there's hyperinflation. It could go past that to 2014, but we're seeing all sorts of things happening now that are accelerating the inflation process." Thus spoke economist John...