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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 301-312
  • Consumers are padding their checking accounts

    Consumers are padding their checking accounts
    With wounds from the Great Recession still fresh, chastened Americans are hoarding more cash in their checking accounts than at any time in the last 25 years. The defensive stance, uncharacteristic of previous periods of low inflation and an improving...
  • 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...
  • Increased sales fueling hiring and pay raises, business economists say

    Increased sales fueling hiring and pay raises, business economists say
    More companies reported increased sales in the second quarter of the year, fueling a jump in hiring and pay raises, according to a survey of business economists released Monday. After a dismal winter in which bad weather derailed the recovery,...
  • Bitcoin trading website accused of defrauding thousands of customers

    A major bitcoin-to-gold trading website is facing a class-action lawsuit after allegedly defrauding thousands of customers. Coinabul LLC, a service based in Wyoming that exchanges bitcoin, an online currency, for precious metals, continued accepting...
  • Starting salaries for college grads lag behind pay for workers overall

    Starting salaries for college grads lag behind pay for workers overall
    Starting salaries for recent college graduates have risen far more slowly than the average earnings of 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...
  • Sterling near two-year high vs euro, caution on Scotland

    LONDON (Reuters) - Sterling edged towards a two-year high against the euro on Tuesday as hedge funds and speculators sold the single currency against the dollar and pound, betting euro zone monetary policy would stay loose. The risk of a surprise in...
  • 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...
  • More than a third of Americans have a debt in collection: report

    More than a third of Americans have a debt in collection: report
    More than a third of consumers with credit, about 77 million Americans, have a broad range of delinquent debt, according to a study released Tuesday by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute. About 35 percent...
  • Investing: what's driving the boom in bonds

    The biggest surprise in financial markets this year is the strong performance of bonds. You may recall that bond prices fell (and yields rose) last year after the Federal Reserve began to reverse its easy-money policies. With yields still near...
  • Aon sees payoff from tax inversion

    Aon sees payoff from tax inversion
    Moving its headquarters across the Atlantic in April 2012 removed Aon from Chicago's corporate elite. It also reduced a hefty corporate tax bill, newly filed documents suggest. The commercial insurance brokerage now based in London shaved its tax rate...
  • 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...