Global growth is stalling, and central banks are running out of options.
In our news wrap Wednesday, Republican frontrunner Donald Trump warned against trying to deny him the party’s presidential nomination via a brokered RNC convention in July. Also, the Federal Reserve decided to hold interest rates steady, saying the U.S. economy…
What do a fiddle, a barn dance and a bale of hay have to do with the Federal Reserve's interest rate policy? A whole lot, says Merle Hazard, who's written yet another finger-picking country song about the economy.
The Senate on Tuesday blocked legislation calling for tougher audits of the Federal Reserve.
WASHINGTON — President Barack Obama will deliver a final State of the Union address Tuesday brimming with optimism — far more than most Americans possess.
The Federal Reserve is doing something it hasn't done since 2006: raising interest rates. The long-awaited announcement by Fed chair Janet Yellen hikes a key short-term rate from near zero. For a closer look at how the Fed made its…
We need to look at the big picture, and when we do, we might conclude today’s decision probably doesn’t matter that much.
WASHINGTON — The House and Senate have reached agreement on a 5-year, $281 billion transportation bill that would increase spending to address the nation's aging and congested highways and transit systems — a legislative feat that lawmakers and President Barack…
In “The Courage to Act,” former Federal Reserve chairman Ben Bernanke writes that the global economic collapse of 2008 could have resulted in a crisis akin to 1929 had he, his colleagues and policymakers around the world acted differently. He…
Interest rates will stay where they are for now, according to an announcement by the Federal Reserve. Jeffrey Brown speaks to Krishna Guha of Evercore ISI about why they came to that decision and what it could mean for the…
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