In our news wrap Wednesday, the Federal Reserve said it will hold on keeping a key, short-term interest rate near record lows. Chair Janet Yellen suggested a hike was likely before year’s end. Also, the crisis in Syria took center…
In our news wrap Friday, hundreds of Syrian residents and fighters were allowed to leave Daraya, a suburb of Damascus that had been under siege since 2012. Secretary of State John Kerry met his Russian counterpart in Geneva to discuss…
By Paul Solman
In the current economic environment, central banks certainly should create new money -- not only to shore up the world banking system short-term in a time of tremulous uncertainty, but more importantly, in order to make necessary investments.
By Terry Burnham
The world’s central banks are likely to vastly increase their money creation, resulting in the biggest monetary bubble ever, with perhaps $100 trillion more new money on its way into the global economy, predicts economist Terry Burnham.
By Vikram Mansharamani
Depressing stats about the U.S. economy are everywhere. And if we do find ourselves in a recession, the Fed will have few tools left to deploy.
By Benn Steil, Emma Smith
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.
By Andrew Taylor, Associated Press
The Senate on Tuesday blocked legislation calling for tougher audits of the Federal Reserve.
By Josh Lederman, Associated Press
WASHINGTON — President Barack Obama will deliver a final State of the Union address Tuesday brimming with optimism — far more than most Americans possess.
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