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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles

Displaying items 289-300
  • Dozens of protesting trash haulers make noise around City Hall

    Dozens of protesting trash haulers make noise around City Hall
    Dozens of trash haulers and other vehicles encircled Los Angeles City Hall on Tuesday, blowing their horns and clogging downtown traffic as they protested what city labor groups claim are millions of dollars' worth of "predatory fees" L.A. has paid to...
  • States intervene in city fiscal crises

    WASHINGTON When Illinois Gov. Pat Quinn signed an overhaul of two pension systems for Chicago city workers last month, he inserted the state into the city's budget business and set off a political firestorm that will heat up this fall's elections. Quinn,...
  • Cole Taylor Bank fined $3.5 million for checking account practices

    Cole Taylor Bank fined $3.5 million for checking account practices
    The Federal Reserve on Tuesday levied a $3.5 million penalty against Chicago-based Cole Taylor Bank over accusations of deceptive practices related to its checking accounts for college students. In May, Rosemont-based Taylor Capital Group, parent of Cole...
  • Fed awards record amount of term deposits

    NEW YORK (Reuters) - The Federal Reserve awarded a record amount of seven-day term deposits to banks at an auction held on Monday, it said in a statement on Tuesday. The U.S. central bank allotted $124.9 billion of them to 58 banks which will receive...
  • Council committee wants to pressure banks to lower rates on bond deal

    Los Angeles officials moved Monday to get out of two Wall Street bank contracts that they say soured after the economic crash of 2008. In 2006, the city entered into an interest rate swap deal with Bank of New York Mellon and Dexia, a Franco-Belgian...
  • Susan Tompor: Wall Street wonders how long the party will last

    Summer may be off to a pleasant economic start but every day investors still are wondering if they need more protection than a dab of sunscreen. The Federal Reserve offered a modestly upbeat forecast last week on the U.S. economy. The Fed noted that...
  • 'Prize-linked' accounts offer cash prizes as incentive to save

    WASHINGTON A new type of savings account taps into the Powerball fantasies of Americans by giving customers the opportunity to win cash prizes every time they make a deposit. Proponents of so-called "prize-linked" accounts hope that the prospect of a no-...
  • Finding a soft landing when bond prices fall

    CHICAGO (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.) Contemplating the end of a 30-year bull run in bond prices is a bit like waiting to go to the dentist for some long-needed procedure. You know it needs...
  • U.S. inflation hinges on long-term unemployed: Fed study

    SAN FRANCISCO (Reuters) - Whether U.S. inflation next year rises above or remains stuck below the Federal Reserve's 2-percent target will depend in large part on how easily the long-term unemployed find work, a study published on Monday by the San...
  • Fed awards record amount of reverse repos

    NEW YORK (Reuters) - The Federal Reserve awarded a record amount of reverse repurchase agreements to banks, money market funds and mortgage finance agencies on Monday, according to the New York Federal Reserve. The U.S. central bank has ramped up...
  • 'Easy money' helped to hold down unemployment, researchers find

    Without the Fed and its low interest rates, the jobless rate would have been higher these past few years pretty much all economists agree on that. But how much worse would things have been? A paper written by two economists for the Federal Reserve...
  • 2013-14 Tribune Scholar-Athlete Team

    2013-14 Tribune Scholar-Athlete Team
    For 24 years, the Tribune has capped each high school sports year by honoring a group of students whose excellence extends to both the classroom and fields of play. The 2013-14 Scholar-Athlete Team represents the best in academics and athletics the...