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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 361-372
  • Lunch with the FT: Timothy Geithner -- Stresses and messes

    Lunch with the FT: Timothy Geithner -- Stresses and messes
    The former US Treasury secretary was at the centre of efforts to save the world from another Great Depression. Over Indian food in New York, he talks to Martin Wolf about future risks, crisis management, mistakes and misperceptions Iarrive at the...
  • Jobless rate falls to 6.3% as economy adds 288,000 jobs in April

    Jobless rate falls to 6.3% as economy adds 288,000 jobs in April
    U.S. job growth increased at its fastest pace in more than two years in April, suggesting a sharp rebound in economic activity early in the second quarter. Nonfarm payrolls surged 288,000 last month, the Labor Department said on Friday. That was the...
  • L.A. councilman wants Wall Street banks to cut bond refinance fees

    A Los Angeles city councilman wants out of deals with two Wall Street banks he says are costing the city money. Councilman Paul Koretz introduced a motion Friday that calls on two banks to either renegotiate contracts with the city at no cost, or for...
  • Another look at the April jobs report: Why is the workforce shrinking?

    Scott Martelle's Opinion L.A. post about Friday's employment report argues that there's something ugly bubbling beneath the sharp decline in the unemployment rate. I agree with him on the big picture but disagree on how the pieces fit together. For...
  • Student debt holds back many would-be home buyers

    Student debt holds back many would-be home buyers
    Sarah Luna wants to buy a home in up-and-coming northeast Los Angeles before it's too late. At 31, she has a master's degree and earns more than $70,000 as a court reporter and freelance editor. She daydreams about trading the Glendale apartment she...
  • OECD trims global growth forecast, but sees recovery gaining momentum

    OECD trims global growth forecast, but sees recovery gaining momentum
    A leading international organization on Tuesday trimmed its forecast for global growth this year but said it expects the U.S. economy to rebound strongly after a winter slowdown and that the worldwide recovery finally was gaining momentum. In its...
  • Yellen upbeat about growth in coming quarter

    Yellen upbeat about growth in coming quarter
    Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates. In Capitol Hill...
  • Yellen sees improved economic growth, worries about housing slowdown

    Yellen sees improved economic growth, worries about housing slowdown
    Weak economic growth in the first three months of the year was mostly due to temporary factors such as the weather, and the recovery should pick up the rest of the year, Federal Reserve Chairwoman Janet L. Yellen told lawmakers Wednesday. "With the...
  • Triumphant Geithner omits cost of rescue success

    Triumphant Geithner omits cost of rescue success
    Tim Geithner's valuable career as a civil servant culminated in four high-powered years as Treasury secretary. His recent book about those experiences captures the traumas and tensions of the financial crisis. He rightly takes credit for what most...
  • Credit Suisse pleads guilty to helping Americans avoid income taxes

     Credit Suisse pleads guilty to helping Americans avoid income taxes
    Swiss banking giant Credit Suisse pleaded guilty to a criminal charge that it helped wealthy Americans dodge income taxes for decades, a plea federal officials said bolstered their efforts to show that no financial firm was too big to prosecute. The...
  • Sell-off of small-company stocks shouldn't surprise

    Sell-off of small-company stocks shouldn't surprise
    If you've had money in the average fund that invests in large-company stocks, you've made about 1.4 percent this year. But if you're enamored with the edgy, smaller companies that delivered tremendous gains last year, you've probably felt some pain...
  • Contrasting views of economic future

    Contrasting views of economic future
    What do bond investors know that stock investors don't? The two types of investors seem to have very different views of the near future, leading analysts to ponder who's right. Bond investors seem skeptical about the economy, and their apparent quest...