Stories tagged with "federal reserve"
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Stocks rise ahead of Federal Reserve rate decision
Stocks climbed today while investors awaited results from the Federal Reserve’s meeting on interest rates. Policymakers are almost certain to keep the Fed’s benchmark...
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Stocks fall slightly in early trading
NEW YORK — Investors are entering the new trading week tentatively after Moody’s Investors Service said the U.S. could eventually lose its top-notch credit rating....
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Consumer borrowing up in January after 11 declines
WASHINGTON — Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card...
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Lower rates aren't in the (credit) cards
Fed’s proposal could let banks cut interest just a small amount NEW YORK — It sounds like a victory for credit card users — a rule that would require banks to...
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With record low, sales of new homes in thick of storm
Sales of new homes plunged nationwide to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in...
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Upbeat reports give the markets a boost
Gains in production and construction cheer investors NEW YORK — A stream of good news has the stock market back on an upward path. Encouraging corporate and economic reports...
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Our senators on wrong side, send them home
It is time for Hoosiers to send a message to Indiana Sens. Evan Bayh and Dick Lugar. They have worn out their welcome in Washington by voting to keep Ben Bernanke as Federal...
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Stock futures slip after CPI, JPMorgan earnings
Stock futures remain lower after a government report that inflation was tamer than expected last month. The Labor Department says today the consumer price index rose a modest 0.1...
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Fed's rescue efforts earn $46 billion
WASHINGTON — The Federal Reserve made a record profit of $46.1 billion last year, reflecting money made off its extraordinary efforts to rescue the country from the worst...
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Geithner's N.Y. Fed told AIG to keep quiet on deals
WASHINGTON — Republicans in both houses called Thursday for hearings to investigate revelations that the Federal Reserve Bank of New York, led at the time by Treasury...
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Mixed data keep stocks in holding pattern
NEW YORK — Investors treaded water for a second day Wednesday as a batch of mixed economic reports and signs of division among Federal Reserve policymakers offered little new...
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U.S. home prices rise for first time since July
U.S. home prices jumped 0.6 percent in October, the first monthly increase since July, as the federal tax credit for homebuyers boosted demand, Bloomberg reported today. Prices in...
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Things aren't looking up for down-and-out Americans
I am weary of the experts and economists who come confidently onto the TV news telling me how the crisis is over and things are looking much better. Foreclosures are down, they...
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Fed: Economy up a bit in November
Consumers spent more at the end of month, assessment says WASHINGTON — The economic recovery gained traction in late fall as shoppers spent a bit more and factories bumped up...
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Just wait until next yearJust wait until next year
For a political horror show, fast forward to the summer of 2010: The unemployment rate is stubbornly high, hovering in a range between 9.3 percent and 9.7 percent. Companies are...
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Internet gambling ban put on hold
Law forbidding payments to financial institutions is delayed for 6 months WASHINGTON — The Treasury Department and the Federal Reserve are giving U.S. financial institutions...
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Upbeat news from Fed helps halt stocks' slide
NEW YORK — A brighter economic forecast from the Federal Reserve helped the stock market pare losses that followed uninspiring reports on consumer sentiment and housing....
