Rising consumer confidence raises stakes for Trump
Consumers are happy as the new year begins.
Under one scenario, Fed raises rates and tangles with Trump
The Federal Reserve finally appears poised to deliver the interest-rate increase U.S. corporations and the financial markets have been waiting for all year.
Federal judge issues injunction against new overtime rule
A federal judge Tuesday blocked an Obama administration rule that would have extended overtime eligibility to 4 million Americans.
New president, new bets on economic policy
Before last week’s presidential election the thinking among economic experts was that the Federal Reserve would be more likely to raise interest rates sooner — quite possibly in December — if Democrat Hillary Clinton was elected.
Fresh growth figures campaigning for a rate increase
The Federal Reserve’s policymaking committee meets today and, although economists don’t expect a rate increase this close to the presidential election, a move in December now appears more likely than ever.
September’s jobs gain —‘solid’ or just ‘stubbornly average’?
Reaction to the Labor Department’s report that the U.S. economy created 156,000 new jobs in September went in all directions.
Election rhetoric negative, but consumers stay positive
U.S. consumers, apparently shrugging off the caustic presidential campaign rhetoric as the election grows closer, more and more like what they see in the U.S. economy.
Recreational fishing will be allowed in New England marine preserve
Recreational fishing will be allowed in the new Northeast Canyons and Seamounts Marine National Monument off the Massachusetts coast.
Modest jobs report won’t necessarily deter Fed
When the Labor Department said the U.S. economy added 151,000 jobs in August – an average result, though below economists’ expectations – the reaction, especially from financial markets, was that we know one thing: The Federal Reserve won’t raise interest rates at its meeting this month.
The Fed seems willing, but the economy may be too weak
So Federal Reserve chairman Janet Yellen believes the argument for a rate increase has strengthened. That’s not the same as saying one is imminent.