Bernanke: Fed to Continue Bond Buying for the Long Haul
Financial markets have been known to vacillate wildly when Ben Bernanke speaks. In the Federal Reserve Chairman’s final speech in Philadelphia, Bernanke conveyed a tone of cautious optimism in...
View ArticleFed Beige Book Confirms Weather Stomped on U.S. Economy in Early 2014
Source: alisonbowden14 / Flickr “Weather” was referenced 119 times in the Federal Reserve’s beige book report. While that is by no means excessive for a document with a word count running in the tens...
View ArticleFed Hints at Interest Rate Timeline, Markets and Treasuries Take Note
As expected, at the March meeting of the Federal Open Market Committee, Federal Reserve policymakers decided to lower the central bank’s monthly monetary stimulus by another $10 billion a month in...
View ArticleFed Eyes Maximum Employed and Jobless Claims Jump
Source: Thinkstock Americans filed more initial applications for unemployment benefits last week, but still claims data remains “extremely encouraging,” High Frequency Economics chief U.S. economist...
View ArticleHousing Prices Gains Cooled in January, But Analysts Aren’t Concerned
Source: Thinkstock “The housing recovery may have taken a breather due to the cold weather,” said Standard & Poor Index Committee Chairman David Blitzer in a Tuesday report, explaining the...
View ArticleMarch’s Goldilocks Jobs Report Highlights Lukewarm Labor Market
Our businesses have added: • 8.9 million jobs over 49 months • 2.3 million in the past year • 192,000 in March → pic.twitter.com/LcE3LOWDBv — The White House (@WhiteHouse) April 4, 2014 Both the...
View ArticleStudent Loans Just Got More Expensive, But Can Elizabeth Warren Help?
Source: Thinkstock For students taking out loans and starting college, or are still years away from graduation, there was some bad news given today. Don’t tear up your books and head to the closest...
View ArticleJobless Claims: Is No News, Good News?
Source: Thinkstock Jobless claims — which serve as a proxy for layoffs — highlight the fact that emerging unemployment is returning to acceptable levels. Or, in other words, fewer Americans are being...
View ArticleHere’s Why the Labor Market’s Baby Steps Made Investors Cheer
In many ways, the Department of Labor’s June Employment Situation Report was proof that the underlying trends in the U.S. labor market are strengthening. It is an indisputable fact that the 288,000...
View ArticleHere’s Why August Job Growth Could Be Strong
Mark Ralston, AFP/Getty Images Yes, the United States is $93 billion short of a real economic recovery. That deficiency represents the difference between the annual wages of jobs lost during the Great...
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