By Joseph Lawler | 12/02/13 08:59 AM
A slew of economic data coming out this week will answer the question of how well the U.S. has survived the government shutdown and debt limit fights -- and, possibly, what the Federal Reserve will do in response. The number-one economic indicator, the jobs report, is due out Friday morning...
By Joseph Lawler | 11/29/13 10:53 AM
David Callahan at Demos' Policy Shop: There are few better ways to uncover fraud in an industry than to incentivize insiders to blow the whistle on wrongdoing.
By Joseph Lawler | 11/29/13 08:47 AM
Five years after the financial crisis, 4.1 million Americans have been out of work for longer than 27 weeks. Many of them face a looming deadline at the end of the year, when federal long-term unemployment benefits expire.
By Joseph Lawler | 11/26/13 03:54 PM
The Obama administration moved Tuesday to limit political campaigning by political nonprofits that are classified as tax-exempt social welfare organizations. The Treasury announced that it would propose new rules to specify which campaign-like activities groups organized under 501(c)4 of the...
By Joseph Lawler | 11/25/13 07:22 PM
Labor market “churn” is picking up, but it remains low. Friday's Bureau of Labor Statistics Job Openings and Labor Turnover survey showed that there were 4.6 million hires in September, to go along with 4.4 million job separations. Overall job churn is still far from its prerecession...
By Joseph Lawler | 11/25/13 09:03 AM
One major economic development to watch is the fallout of last week's decision by Senate Majority Leader Harry Reid to deploy the "nuclear option" for nominees. The result will be that President Obama will need only 51 Senate votes for his nominees for executive branch and judicial positions.
By Joseph Lawler | 11/21/13 11:17 AM
Janet Yellen cleared a key hurdle to becoming the next chairman of the Federal Reserve on Thursday morning, receiving approval from the Senate Banking Committee. But Sen. Joe Manchin, D-W.Va., voted no, possibly complicating Yellen's bid for confirmation in the full Senate, which is...
By Joseph Lawler | 11/20/13 03:01 PM
Minutes from the Oct. 29-30 meeting of Federal Reserve officials indicate that they are considering a variety of ways to reduce the central bank's bond-buying program without withdrawing stimulus, including by cutting the rate the Fed offers on reserves.
By Joseph Lawler | 11/20/13 11:47 AM
Sen. Bob Corker, R-Tenn., announced his support for Janet Yellen's candidacy for Federal Reserve chair Wednesday morning, likely ensuring that Yellen will have enough Senate votes to win confirmation. Corker's decision signals the beginning of the end of an unusually high-profile and...
By Joseph Lawler | 11/20/13 10:20 AM
Inflation slipped in October for the first time in months as falling gasoline prices pulled down overall consumer prices. The Labor Department reported Wednesday morning that the Consumer Price Index fell 0.1 percent in October, the first decline since April. Year-over-year inflation, as...
By Byron York | 12/08/13
By Richard Pollock | 12/06/13
By Timothy P. Carney | 12/07/13
By Joel Gehrke | 12/09/13