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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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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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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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 and others weigh in on the drop in total nonfarm payrolls and rise in the unemployment rate.
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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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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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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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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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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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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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