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
Apr 15 After Trump tweet, Mnuchin says Fed independence is important globally By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin was asked about President Donald Trump's tweet Sunday that if the Fed had done its job properly, the stock market would be 5,000 to 10,000 points higher and overall growth would have been "well over" 4… Continue reading
Apr 05 Watch 5:30 As Trump takes another shot at the Fed, how is the economy faring? The U.S. economy has created jobs for over 100 consecutive months, and unemployment is near a 50-year low. Still, President Donald Trump is vocal about his belief that the Federal Reserve is holding the economy back from stronger growth. William… Continue watching
Apr 03 Trump is 'fully behind' Stephen Moore for Fed position, adviser says By Darlene Superville, Associated Press "I spoke to the president yesterday. He completely supports Steve," Larry Kudlow, director of the National Economic Council, told reporters. Continue reading
Mar 25 Why the inverted yield curve makes investors worry about a recession By Gretchen Frazee The yield curve measures the difference between short-term and long-term interest interest rates on government bonds. Continue reading
Mar 22 Trump nominates economic analyst Stephen Moore to Federal Reserve By Catherine Lucey, Martin Crutsinger, Josh Boak, Associated Press Moore served as an economic adviser to Trump during the 2016 presidential campaign, helping to draft his tax cut plan. Continue reading
Mar 21 Who benefits from the Fed's decision not to raise interest rates By Stan Choe, Associated Press Borrowers, homeowners and investors could all benefit from the Federal Reserve's decision to keep interest rates steady for the foreseeable future. Continue reading