By Joseph Lawler | 09/18/14 10:18 AM
The Fed chairwoman noted that families are still struggling in the wake of the recession, even though the economy has steadily, if slowly, improved.
By Joseph Lawler | 09/17/14 07:42 PM
Hope for reforming Fannie Mae and Freddie Mac dims as Congress finishes up its business before the November elections, even as administration officials intensify the push to fix housing finance and boost home lending.
09/18/14 01:45 AM
SEOUL, South Korea (AP) — Asian stock markets mostly fell Thursday after the U.S. Federal Reserve increased its estimate for the level of the central bank's benchmark interest rate by the end of 2015, surprising investors who expected a slower pace of rate hikes. KEEPING SCORE: Hong Kong's Hang...
By Joseph Lawler | 09/17/14 07:56 PM
"Any company considering an inversion is now on notice that there is action that’s going to be taken,—� Lew said.
By Timothy P. Carney | 09/17/14 04:38 PM
Export-Import Bank defenders deploy worthless numbers on job creation, bogus profit claims, empty scare tactics about how Boeing will die, and now, spooky stories about significant drops in exports resulting from killing Ex-Im.
By Terence Jeffrey | 09/17/14 04:17 PM
American households are poorer now than they were when the 21st century began. Among householders who dropped out of high school as well as those who graduated from college, real median income has declined.
By Joseph Lawler | 09/17/14 02:32 PM
The central bank's monetary policy committee maintained its promise that it would keep short-term interest rates near zero for a "considerable time" in its statement following a two-day meeting Wednesday.
09/17/14 11:15 AM
U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years. The brighter outlook reflects growing optimism that sales will increase over the next six months. That could potentially spur growth in home construction, a key...
09/17/14 10:01 AM
MOSCOW (AP) — The arrest of a Russian telecoms and oil tycoon has sent shock waves through the country's business community, with some fearing a return to the dark days of a decade ago, when the Kremlin asserted its power by imprisoning the country's then-richest man and expropriating his...
09/17/14 09:30 AM
WASHINGTON (AP) — Financial markets are awaiting the end of a Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase. The phrase that investors will be alert for is "considerable time." The presence or absence of those two...
09/17/14 09:15 AM
WASHINGTON (AP) — The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings. The deficit in the current account shrank to $98.5 billion in the...
By Joseph Lawler | 09/17/14 08:52 AM
The Bureau of Labor Statistics reported Wednesday that consumer prices rose 1.7 percent for the year ending in August. The Consumer Price Index fell at a 0.2 percent annual rate in August, adjusted for seasonal variation.
By Sean Higgins | 09/16/14 05:34 PM
Democrats and liberal activists have added a new argument to their litany of complaints against the Trans-Pacific Partnership; that an international trade deal being negotiated by the White House would hurt states' rights.
09/17/14 12:45 AM
KUALA LUMPUR, Malaysia (AP) — Asian stock markets were mostly higher Wednesday, buoyed by reports that China is providing liquidity to major banks and hopes that the Federal Reserve will not speed up plans to raise interest rates. KEEPING SCORE: Tokyo's Nikkei 225 rose 0.1 percent to 15,929.85...
09/16/14 06:30 PM
WASHINGTON (AP) — Americans, Japanese and many Europeans aren't sold on the benefits of trade. But people in China and other developing countries are far more convinced that it delivers jobs and higher wages. That's according to a Pew Research Center international survey released Tuesday. The...
By Paul Bedard | 10/01/14
By Paul Bedard | 10/01/14
By Paul Bedard | 09/30/14
By Susan Crabtree | 10/01/14
By Paul Bedard | 10/02/14