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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 241-252
  • Pay raises for recent college grads far below average

    Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found. The study, released Monday, found that median earnings for recent...
  • U.S. consumer inflation rises on high gasoline prices

    U.S. consumer inflation rises on high gasoline prices
    WASHINGTON (Reuters) - U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures. The Labor Department said on Tuesday its Consumer Price Index...
  • New college grads see slow wage growth

    New college grads see slow wage growth
    New college graduates have seen their wages rise more slowly than the rest of the U.S. workforce since the Great Recession, new research from the San Francisco Federal Reserve Bank shows, a trend that reflects continued weakness in the economy. “...
  • Consumer prices rose 0.3% in June on big jump in gas costs

    Consumer prices rose 0.3% in June on big jump in gas costs
    A big jump in how much Americans pay at the gas pump pushed consumer prices up 0.3% in June, but the overall inflation trend remained steady, the Labor Department said Tuesday. The rise in the Consumer Price Index was less than the seasonally adjusted...
  • NY Fed found serious problems at Deutsche Bank's U.S. arms: WSJ

    FRANKFURT (Reuters) - The Federal Reserve Bank of New York has found serious problems in Deutsche Bank AG's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, people close to the matter told...
  • How to escape the medical care debt trap

    How to escape the medical care debt trap
    The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit. It's medical expenses. An analysis this year by NerdWallet Health found that about 60% of all bankruptcies are health related. And a...
  • Employers hiring, reinvesting in real estate

    More than 60 percent of business leaders plan to hire full-time workers in the next six to 12 months, according to a report this week by the Greater Fort Lauderdale Chamber of Commerce's Council of Economic Advisors. "The optimism is still very high,"...
  • Yellen's opening remarks to House panel identical to July 15 testimony

    WASHINGTON (Reuters) - U.S. Federal Reserve Chair Janet Yellen's testimony as prepared for delivery to the House of Representatives Financial Services Committee on Wednesday is a repeat of the remarks she delivered before the Senate Banking Committee a...
  • U.S. Senate votes to extend terrorism insurance backstop

    WASHINGTON (Reuters) - The U.S. Senate voted overwhelmingly on Thursday to reauthorize a federal terrorism risk insurance program that was created after the Sept. 11, 2001, attacks. Senators voted 93-4 in favor of a bill that gives the federal...
  • A snapshot of mortgage news across U.S.

    Once again, the printouts heralding housing news that are heaped on my desk threaten to fall over and hurt me. In the name of safety, let's get the news (much of it mortgage-related) to the people: The ads touting reverse mortgages are hard to miss if...
  • Stock funds worldwide attract $6.2 billion inflows over week: BofA

    NEW YORK (Reuters) - Investors worldwide poured $6.2 billion into stock funds in the week ended July 16, encouraged by strong corporate earnings and big potential merger deals in the United States, data from a Bank of America Merrill Lynch Global Research...
  • If Democrats really want to address inequality, they need new ideas

    If Democrats really want to address inequality, they need new ideas
    The Democrats have a couple of problems when it comes to addressing inequality. First, polling by the White House that was leaked last week apparently found that Americans aren't much interested in class conflict and punishing the rich. They simply want...