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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 241-252
  • New FICO criteria could help borrowers

    The nation's dominant credit-scoring system is being revised in a way that could save consumers nationwide billions of dollars, especially in qualifying for mortgages, auto loans and credit cards at lower interest rates. The changes to FICO criteria are...
  • Democrats Won't Back True Progressive

    If Ohio's senior senator were named Sharon Brown instead of Sherrod Brown, progressives would have a plausible political pin-up and a serious alternative to the tawdry boredom of Hillary Clinton's joyless plod toward her party's presidential nomination....
  • 6th month in row of solid jobs gains

    WASHINGTON (AP) — A sixth straight month of solid 200,000-plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion. Employers added 209,000 jobs last month. Though that was...
  • Charles Lane: Shackled by 'dead men'

    In theory, the American people's elected representatives decide every so often how much to tax the public and how to allocate the revenue among various priorities, both short-term and long-term. In practice, however, Congress and the president have...
  • US consumer spending up 0.4 percent

    WASHINGTON — U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year. Consumer spending increased 0.4 percent in June on a seasonally adjusted basis...
  • Another selloff in emerging FX likely, but less severe: poll

    BANGALORE (Reuters) - The risk of another selloff in emerging market currencies in the coming year is high, foreign exchange strategists polled by Reuters said, although they do not expect it be as severe as the one earlier this year. A rout in...
  • Dollar rally here to stay as improving U.S. economy stirs rate hike debate: poll

    LONDON (Reuters) - The dollar's rally looks set to continue, according to a Reuters poll, as the U.S. economy is picking up smartly and raising market speculation about how soon the Fed will have to lift interest rates. Analysts in Reuters polls have...
  • Fed survey: 40% of households show signs of financial stress

    Four out of 10 American households were straining financially five years after the Great Recession -- many struggling with tight credit, education debt and retirement issues, according to a new Federal Reserve survey of consumers. The Fed study shows...
  • Many Americans are still struggling financially

     Many Americans are still struggling financially
     Four in 10 U.S. households are straining financially five years after the Great Recession — many struggling with tight credit, soaring education debt and profound issues related to savings and retirement, according to a new Federal Reserve survey....
  • Millions to get break in new credit score calculation

    Millions to get break in new credit score calculation
    The formula for calculating the most widely used credit scores will soon change to lessen the impact of bad medical debts and ignore old unpaid debts of any type that are later paid off. Over time, the move is likely to raise some credit scores and...
  • There was a lot more to the Richard Nixon presidency than Watergate

    Nixon without Watergate; it's like Beethoven without music or "The Godfather" without violence. Yet there was a lot more to the 51/2 years of Richard Nixon's presidency. That record, ironically, is largely painful for the conservatives who supported...
  • U.S.-based junk bond funds post record $7.1 billion outflows: Lipper

    NEW YORK (Reuters) - Investors pulled a record $7.1 billion from U.S.-based junk bond funds in the latest week and bailed out of equity exchange-traded funds at the most frantic pace in six months, Lipper data released on Thursday showed, offering one...