Martin’s Recent Stories
Economy Feb 24Chairman Powell says Federal Reserve is in no hurry to raise interest rates
Powell also warned Wednesday that many who had worked in industries hardest hit by the pandemic and ensuing recession will likely need to find different jobs.
Politics Feb 05WATCH: Harris, Yellen meet with Black Chambers of Commerce members in virtual roundtable
Treasury Secretary Janet Yellen says America has some "tough months ahead" in dealing with the coronavirus pandemic and for that reason it is critical that Congress pass President Joe Biden's $1.9 trillion relief package.
Economy Jan 29WATCH: Biden introduces $1.9 trillion COVID-19 rescue plan to help economy
U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an economy struggling under the weight of a still out-of-control pandemic.
Economy Jan 28U.S. economy shrank 3.5 percent in 2020 after growing 4 percent last quarter
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4 percent annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Politics Jan 26Harris swears in Janet Yellen as treasury secretary
Yellen became the third of President Joe Biden's Cabinet nominations to win Senate approval on a vote of 84-15 late Monday. All of the no votes came from Republican senators.
Politics Jan 25Effort to put Tubman on $20 bill restarted under Biden
Biden press secretary Jen Psaki said Monday that the Treasury Department is taking steps to resume efforts to put the 19th century abolitionist leader on the $20 bill.
Politics Jan 25WATCH: Janet Yellen wins Senate approval as treasury secretary
Yellen, a former chair of the Federal Reserve, was approved by the Senate on a 84-15 vote, becoming the third member of Biden’s Cabinet to win confirmation.
Politics Jan 22WATCH: Janet Yellen nomination as treasury secretary clears committee
The Senate Finance Committee approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary on Friday, and supporters said they hoped to get the full Senate to approve it later in the day, making her…
Politics Jan 18WATCH: Treasury nominee Janet Yellen testifies at confirmation hearing
“More must be done,” Yellen told the Senate Finance Committee during her confirmation hearing. “Without further action, we risk a longer, more painful recession now — and long-term scarring of the economy later.”…
Economy Dec 31Jobless claims down 19,000, still 4 times pre-pandemic level
The number of Americans seeking unemployment benefits last week fell by 19,000 to 787,000, still a historically high level as a resurgent coronavirus maintains its grip on the U.S. economy.