Treasury’s Geithner Meets With CEOs to Discuss Economy
Treasury Secretary Geithner met Thursday with business executives to discuss the state of the economy.
Fed’s Lacker: Skills Mismatch Part of Unemployment Problem
The long-run U.S. unemployment rate may end up higher than current estimates because of the time it takes workers to find new skills and fill available jobs, a Fed official said.
School-Buses Drive Job Losses in Transport Sector
The transportation and warehousing sector saw the biggest job losses --17,000 -- in April's employment report. Why?
Fed’s Lacker: Higher Interest Rates Could Be Needed Even If Jobless Rate Doesn’t Fall
Richmond Fed President and noted dissenter Jeffrey Lacker says the Fed needn't wait for unemployment to drop substantially before starting to raise interest rates.
Greenspan: Obama Should Have Embraced Simpson-Bowles
Former Fed Chairman Greenspan said Barack Obama should have immediately embraced the 2010 Simpson-Bowles deficit-reduction proposal.
Fed’s Lockhart: Economy Appears to Be Gaining Traction
Atlanta Fed President Lockhart said the central bank must be careful not to tighten monetary policy prematurely or inadvertently.
Fed Sent $75.42 Billion in Profit to Treasury in 2011
The Fed said its net income fell slightly last year to $77.38 billion amid declines in earnings from some of its financial crisis rescue programs as they wind down.
The Fed's combined financial statement showed a net income of $77.38 billion in 2011...
Fed Sent $75.42 Billion in Profit to Treasury in 2011
The Fed said its net income fell slightly last year to $77.38 billion amid declines in earnings from some of its financial crisis rescue programs as they wind down.
The Fed's combined financial statement showed a net income of $77.38 billion in 2011...
Fed to Release Stress Test Results Thursday Afternoon
The Fed plans to release results of its latest bank stress tests Thursday at 4:30 p.m. Eastern time, the central bank said Monday.
Some Problem Banks May Never Exit Federal Bailout
More banks are missing dividend, interest and other repayments to the Treasury Department and some may never exit from a federal financial-system bailout program, a government watchdog said.
Geithner: Payroll Tax Rate Should Rise Back to Normal in 2013
Treasury Secretary Geithner said he wouldn't support another temporary payroll-tax cut extension next year.
Bernanke: U.S. Needs Policies to Help Housing Recovery
Bernanke called for new policies to help the nation's housing market, continuing a push by some at the central bank for additional measures to assist the troubled sector.
