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Federal Reserve

Federal Reserve
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  • 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...
  • Euro finally gives in, Aussie eyes CPI test

    TOKYO/SYDNEY (Reuters) - The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while its Australian peer rose after a survey showed China'...
  • 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...
  • Stocks rebound as Ukraine rebels offer black boxes

    Asia shares supported by upbeat China factory survey
    SYDNEY (Reuters) - Asian stock markets edged broadly higher on Thursday and the Australian dollar jumped after a surprisingly strong reading on Chinese manufacturing bolstered hopes for recovery in the world's second-biggest economy. The HSBC flash PMI...
  • U.S. housing turning the corner, inflation creeping up

    U.S. housing turning the corner, inflation creeping up
    WASHINGTON (Reuters) - U.S. home resales hit an eight month-high in June, suggesting the housing market was gradually regaining momentum and would help the economy to stay on a higher growth path this year. The third straight month of home sales gains,...
  • 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...
  • 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...
  • Russia worries in a low-volatility world: James Saft

    (Reuters) - Rising tensions between Russia and the West are doing what central bankers can't or won't: scare investors. Global stock markets fell for a third straight session on Monday, driven in substantial part by rising tensions after the downing of a...
  • 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...
  • 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...
  • Cautious on stocks, ClearBridge's Bauman sits on $1 billion

    BOSTON (Reuters) - What do you do with $1 billion in extra cash? For Evan Bauman, one of America's top performing fund managers, the answer is simple: nothing for now. "The broad market is not cheap anymore," Bauman, co-manager of the ClearBridge...
  • 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...
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South Dakota High School Activities Association

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