Jun 10 Trump complains about Fed’s policies and independence By Martin Crutsinger, Associated Press President Trump made clear in an interview with CNBC his frustration with a system that provides political independence for America's central bank — something most economists see as vital to its credibility. Continue reading
Jun 07 Watch 5:18 How shakier U.S. jobs numbers could become a self-fulfilling prophecy May's jobs report showed more signs of slowing economic growth in the U.S. The Labor Department reported a net gain of 75,000 jobs -- just a third of the total for the previous month. That change is set against a… Continue watching
May 21 Fed Chair Powell sees ‘moderate’ risk from corporate debt By Martin Crutsinger, Associated Press Fed Chair Jerome Powell said views about riskier corporate debt — known as leveraged lending — range from "this is a rerun of the subprime mortgage crisis" to "nothing to worry about here."… Continue reading
May 09 Fed Chair Powell says policies are needed to address slow income growth By Martin Crutsinger, Associated Press In a speech at a Fed research conference, Powell said that incomes have grown more slowly for middle-class families since the 1970s than for higher-income households. Continue reading
May 02 Trump’s Fed pick Stephen Moore withdraws amid controversy By Associated Press Numerous GOP senators said they objected to Moore’s disparaging past writings about women. Continue reading
May 01 WATCH: Powell to discuss Fed decision to leave interest rates unchanged By Associated Press Federal Reserve Chair Jerome Powell is expected to speak around 2:30 p.m. Watch live here. Continue reading
Apr 29 U.S. consumer spending spikes 0.9 percent in March By Martin Crutsinger, Associated Press The March gain was the biggest monthly increase since August 2009, the Commerce Department reported. Continue reading
Apr 24 Trump Fed pick under scrutiny for writings disparaging women By Christopher Rugaber, Associated Press Stephen Moore said in email that the articles published years ago do not reflect his opinions today. Continue reading
Apr 23 The stock market just hit a record high. What’s changed since December’s low? By Stan Choe, Associated Press Stock investors had to go on a harrowing round trip over the last seven months, but the market may be in a healthier place after it. Continue reading
Apr 22 Trump says Herman Cain withdraws from Fed consideration By Associated Press The former presidential candidate's chances to sit on the Federal Reserve board were all but doomed when four Republican senators said they wouldn't vote to confirm him if he were nominated. Continue reading