Headlines
Yellen says Fed committed to continued support for markets

Yellen says Fed committed to continued support for markets

NEW YORK, April 16 (UPI) -- Federal Reserve Chair Janet Yellen said that the central bank would continue support the U.S. economic recovery, which she estimated could take two more years.
Ananth Baliga
Consumer prices rise 0.2%, Americans paying more for food and rent

Consumer prices rise 0.2%, Americans paying more for food and rent

WASHINGTON, April 15 (UPI) -- Americans paid more for food and rent as the consumer price index inched up by 0.2 percent for the month of March, as the Fed contemplates increasing rates.
Ananth Baliga
Yellen: Fed considering tougher rules for big banks

Yellen: Fed considering tougher rules for big banks

STONE MOUNTAIN , Ga., April 15 (UPI) -- Fed Chairwoman Janet Yellen indicated that the central bank was considering tougher rules for big banks, including stronger capital and liquidity standards.
Ananth Baliga
Minutes of Fed meeting show it struggled with change to stimulus program

Minutes of Fed meeting show it struggled with change to stimulus program

WASHINGTON, April 9 (UPI) -- Minutes of a Fed meeting held in early March convey how the central bank struggled to convey to investors a change in its guidance for interest rates.
Ananth Baliga
Banking watchdog warns about possible hacking of ATMs

Banking watchdog warns about possible hacking of ATMs

WASHINGTON, April 3 (UPI) -- A banking watchdog said hackers could target bank ATMs and change the controls on the machines to enable the theft of possibly unlimited amounts of money.
Ananth Baliga
Charles Keating Jr., who became face of savings and loan scandal, dies at 90

Charles Keating Jr., who became face of savings and loan scandal, dies at 90

April 2 (UPI) -- Charles H. Keating Jr., who spent time in prison for his role in the savings and loan scandal, has died.
Frances Burns
Five things Janet Yellen and the Federal Reserve should do

Five things Janet Yellen and the Federal Reserve should do

March 24 (UPI) -- Last week, Janet Yellen sent stocks diving by saying the Federal Reserve could begin raising interest rates as early as next spring.
Peter Morici, Outside View contributor
Court reverses Fed rule limiting debit card fees

Court reverses Fed rule limiting debit card fees

WASHINGTON, March 21 (UPI) -- A U.S. Appeals Court overturned a lower court ruling that asked the Federal Reserve to rewrite rules governing the fees banks charge for a credit card swipe.
Ananth Baliga

Appeals court upholds Federal Reserve rule on debit cards

WASHINGTON, March 21 (UPI) -- A U.S. appeals court ruling Friday upheld a Federal Reserve rule on fees for swiping debit cards that critics say benefits banks at the expense of retailers.

Fed: Stress tests show banking system stronger

WASHINGTON, March 20 (UPI) -- The 2014 stress tests show the largest U.S. banks would better withstand a severe economic slump now than they did in 2008, the Federal Reserve said Thursday.
Fed cuts back bond-buying program, revises guidance on lending rates

Fed cuts back bond-buying program, revises guidance on lending rates

WASHINGTON, March 19 (UPI) -- The Federal reserve has discarded the jobless rate threshold for considering when to raise borrowing costs and will also scale back its bond-buying program.
Ananth Baliga
Consumer prices rise slightly despite higher food prices

Consumer prices rise slightly despite higher food prices

WASHINGTON, March 18 (UPI) -- Consumer prices held steady, only a 0.1 percent rise, despite higher food prices and increasing housing costs, with inflation remaining in check.
Ananth Baliga
Jobless claims fall to 3-month low

Jobless claims fall to 3-month low

WASHINGTON, March 6 (UPI) -- Initial claims for jobless benefits for the week ending March 1 fell by 26,000 to a seasonally adjusted 323,000, the lowest level since November.
Ananth Baliga

The almanac

UPI Almanac for Thursday, March 6, 2014.
By United Press International

British man indicted for hacking computers of Federal Reserve

NEW YORK, Feb. 28 (UPI) -- A British man faces new charges of hacking the Federal Reserve's computer servers and stealing confidential information, say federal prosecutors in New York.
Yellen: Unemployment has improved but more progress needed

Yellen: Unemployment has improved but more progress needed

WASHINGTON, Feb. 27 (UPI) -- Federal Reserve chief Janet Yellen told a Senate panel Thursday unemployment has improved but has a way to go.
Janet Yellen to Senate: economic data is slower than expected

Janet Yellen to Senate: economic data is slower than expected

WASHINGTON, Feb. 27 (UPI) -- U.S. stocks saw an uptick Thursday, after Janet Yellen testified before Congress, acknowledging that job and housing data were below expectations.
Ananth Baliga

Central Atlantic manufacturing slows in February

RICHMOND, Va., Feb. 25 (UPI) -- Central Atlantic manufacturing slowed down in February, the Federal Reserve Bank of Richmond, Va., said Tuesday.

Business economists mostly applaud Fed's QE3

WASHINGTON, Feb. 24 (UPI) -- A majority of business economists think the U.S. Federal Reserve was on the right track by reducing its monthly asset purchases, a survey indicated.

Manufacturing in Texas has expanded in February

DALLAS, Feb. 24 (UPI) -- Texas' manufacturing has expanded in February for the 10th consecutive month, the Dallas Federal Reserve Bank said Monday

National business index slips

CHICAGO, Feb. 24 (UPI) -- The Chicago Federal Reserve said its National Activity Index fell in January with a decline in production-related indicators.

Economic reports due this week

NEW YORK, Feb. 24 (UPI) -- Economic reports for the week culminate in Friday's second estimate of the U.S. gross domestic product, which was pegged in the first estimate at 3.2 percent.
The Issue: Number without unemployment benefits approaching 2 million

The Issue: Number without unemployment benefits approaching 2 million

Friday marks two full months since 1.3 million long-term unemployed lost their extended benefits and their numbers have swelled by 576,000 since.
MARCELLA S. KREITER, United Press International

Janet Yellen was early advocate of intervention

WASHINGTON, Feb. 22 (UPI) -- Transcripts from 2008 show the Fed's Janet Yellen was an early supporter of using a variety of policy tools aggressively to combat a feared U.S. recession.

Mortgage rates edge higher in week

WASHINGTON, Feb. 20 (UPI) -- Interest rates on long-term mortgage rose with a push from the rising yield on benchmark Treasuries, the Federal Home Loan Mortgage Corp. said Thursday.
Prev
Page 1 of 26
x
Feedback