Finance

http://s.erious.ly

Author Archive

Fed’s Lockhart Warns About Deficits

The U.S. must "come to grips" with its fiscal problems, a top Federal Reserve official said Thursday.

Kevin Warsh Steps Down From Fed Board

The Fed announced today the departure of governor Kevin Warsh. Here is the full text of the announcement.

Rogoff and Rajan Discuss Risks of Currency War

The biggest risk facing the U.S. is that it succumb to a trade war with its trading partners, Harvard University economist Kenneth Rogoff said.

Secondary Sources: Inflation, Foreclosures, Ron Paul

A roundup of economic news from around the Web.

Q&A: Ken Rogoff Says Crises Are Like Heart Attacks, Predicting Timing Is Tough

We speak with Kenneth Rogoff about how he sees the world faring in the wake of the latest financial crisis -- and solicit some advice on exchange rates.

NY Fed Official: Bond Buying Hasn’t Compromised Treasury Market

The Treasury market continues to function normally despite significantly sized bond buying by the Fed, a key central bank staffer said Wednesday.

Women Likely to Continue Outpacing Men in Education

Young women are outpacing men in educational attainment and there’s little sign males will make up ground any time soon.

Bernanke Presents Grim Metrics for Job Growth

The end may be coming into sight for the Fed's bond-buying program, even as central bank chief Bernanke warns an ugly jobs market will stick around for a long time to come.

Geithner Offers Optimistic Outlook for Recovery

Treasury Secretary Timothy Geithner said Monday that the most recent U.S. jobs report is likely to be both better and worse than it initially appeared.

Advocates Push Gay Marriage as State Budget Solution

A new study from UCLA's Williams Institute argues that if Rhode Island legalizes same-sex marriage it would generate $1.2 million for the state budget over three years.

Geithner: Debt Ceiling Will Be Raised

Treasury Secretary Timothy Geithner said that Congress would soon raise the $14.3 trillion debt ceiling, casting aside criticism from some Republicans lawmakers.

Recap: Ben Bernanke Faces Lawmakers in the House

Federal Reserve Chairman Ben Bernanke faces U.S. House members publicly for the first time since Republicans took control when he testifies before the House Budget Committee today.