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Number of the Week: Safer Banks Without Sacrificing Growth

Number of the Week: Safer Banks Without Sacrificing Growth

Contrary to conventional wisdom tougher banking regulations could generate 1.9% of added economic growth, according to the Bank for International Settlements.
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S.F. Fed Chairman’s Dual Tasks: Replace Yellen, Sell Napa Estate

S.F. Fed Chairman’s Dual Tasks: Replace Yellen, Sell Napa Estate

T. Gary Rogers, chairman of the San Francisco Federal Reserve Bank, is busy finding a replacement for Janet Yellen, but he also has another big assignment: Selling his vineyard estate in St. Helena, Calif. which has been listed for $20 million.
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Whiff of Good News on Long-Term Unemployment

Whiff of Good News on Long-Term Unemployment

There was a slice of good news in today’s jobs report about the state of long-term unemployment in America.
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Economists React: Jobs Report ‘Stronger-Than-Expected, Yes, Strong, No’

Economists React: Jobs Report ‘Stronger-Than-Expected, Yes, Strong, No’

Economists and others weigh in on the drop in total nonfarm payrolls and rise in the unemployment rate.
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Video: Job Losses Continue, but at Modest Pace

Video: Job Losses Continue, but at Modest Pace

The U.S. economy shed jobs for a third straight month, losing 54,000 non-farm jobs, but the losses were half as bad as expected.
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Moderate Lockhart Says Fed’s Next Move Isn’t Decided

Moderate Lockhart Says Fed’s Next Move Isn’t Decided

Atlanta Fed President Lockhart said the central bank is keeping its options open, and though the recovery has been disappointing, the economy isn’t falling off a cliff.
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Broader U-6 Jobless Rate up to 16.7%: Why the Jump?

Broader U-6 Jobless Rate up to 16.7%: Why the Jump?

The U.S. jobless rate rose to 9.6% in August, but the government’s broader measure of unemployment rose even more to 16.7%, the highest rate since April.
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Relief in the Temp Sector

Relief in the Temp Sector

A month ago, the Labor Department's payroll data offered a worrying sign for the economy: temp employment had dropped in July for the first time in 10 months, signaling potential trouble ahead for the labor market given the temp sector's traditional ro...
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Companies Already Lobbying Fed on Financial Rules

Companies Already Lobbying Fed on Financial Rules

U.S. firms eager to shape newly-passed financial laws have wasted no time in lobbying the Fed and other agencies, according to new details released by the central bank.
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Fed’s Rosengren: More ‘Holistic’ Approach Needed for Foreclosures

Fed’s Rosengren: More ‘Holistic’ Approach Needed for Foreclosures

A more "holistic" approach to foreclosures and vacant properties, along with more flexible, community-focused state and federal assistance, could be needed if hard-hit communities are to get back on their feet, Federal Reserve Bank of Boston President ...
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