By Bloomberg News | 11/06/13 10:40 AM
U.S. stocks advanced, with the Standard & Poor’s 500 Index poised for a record close, as investors awaited data this week on jobs and economic growth for clues on when the Federal Reserve will cut stimulus.
By Joseph Lawler | 11/04/13 10:33 AM
The government shutdown and debt limit fight is in the past, in terms of politics. For the U.S. economy, however, the fallout is yet to be quantified. On Friday, the federal government will release its delayed October jobs report, the biggest early indicator report yet on how much the...
11/04/13 09:48 AM
(www.bloomberg.com) Federal Reserve Bank of Dallas President Richard Fisher said fiscal discord has led to the U.S. government playing a suppressive role in the economy’s recovery and the central bank should transition back to interest-rate driven monetary policy at the earliest possible time.
By Joseph Lawler | 11/01/13 10:40 AM
U.S. manufacturing grew strongly in October, a sign that the government shutdown and debt limit fight earlier in the month did not derail the tepid-but-resilient private-sector recovery.
By Joseph Lawler | 10/30/13 02:53 PM
The Federal Reserve announced no significant changes to monetary policy Wednesday afternoon, meaning that its $85 billion a month bond-buying program will remain in place and at its current size for now. No major moves were expected. In a statement released at the end of a two-day meeting of...
By John Stossel | 10/30/13 01:36 PM
I've always avoided reporting on the Federal Reserve. I know it's more important than much of the stuff I cover, but it's so boring. How can I succeed on TV reporting on the Fed? Fed chairs even work at being dull. Alan Greenspan said he tried to be obscure because he didn't want to spook...
By Joseph Lawler | 10/30/13 12:09 PM
Newly released data shows that inflation once again had slowed before the government shutdown delayed the release of federally produced economic statistics.
By Susan Ferrechio | 10/30/13 09:26 AM
Sen. Rand Paul, R-Ky., will place a "hold" on President Obama's Federal Reserve chair nominee until the Senate is permitted to vote on a bill to audit the Fed.
By Martin Crutsinger | 10/30/13 08:54 AM
Renewed questions about the economy's health and uncertainty surrounding the government's budget fight will likely lead the Federal Reserve on Wednesday to maintain the pace of the stimulus it's supplying to the economy.
By Editorial Writer | 10/29/13 07:35 AM
Here’s something to think about: It’s against federal law for any private employer to make a hiring or promotion decision on the basis of either race or gender. But it’s not against the law for the federal government to do so. In fact, the reality of the federal workplace is that political...
By Charlie Spiering | 12/04/13
By Joel Gehrke | 12/03/13
By Paul Bedard | 12/04/13
By Timothy P. Carney | 12/05/13
By Paul Bedard | 12/05/13