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Marvin Goodfriend is sworn in before testimony at a Senate Banking Committee hearing on his nomination to be a member of the Federal Reserve Board of Governors, Tuesday, Jan. 23, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
Economy

Democrats pound Trump’s Fed nominee: ‘Why were you so wrong?’

Joseph Lawler -
0
Are We Headed for a New, New-Normal?
Magazine

Are We Headed for a New, New-Normal?

Irwin M. Stelzer -
0
Government shutdown unlikely to stop March rate hike, Deutsche Bank says
Business

Government shutdown unlikely to stop March rate hike, Deutsche Bank says

James Langford -
0
Article I of the Constitution gives Congress the power to coin money and regulate its value. But most members of Congress aren't even aware of the idea that blockchain technology could threaten the institution's control of money.
Economy

Will the government start regulating bitcoin?

Joseph Lawler -
0
A collection of bitcoin, litecoin, and ethereum tokens. The Financial Stability Oversight Council, chaired by Treasury Secretary Steven Mnuchin, has set up a working group on cryptocurrencies. The group comprising top federal regulators would examine the potential for speculation on cryptocurrencies to hurt consumers and for the digital currencies to be used for illicit purposes.(Chris Ratcliffe/Bloomberg)
Economy

Regulating bitcoin? Federal oversight council sets up group to study cryptocurrencies

Joseph Lawler -
0
Average loss rates on credit card accounts at three of the largest U.S. banks, JPMorgan Chase, Bank of America, and Citigroup, may have reached 2.46 percent in the three months through December. (iStock)
Business

US banks buoy reserves as credit card debt hits $1.02 trillion record

James Langford -
0
Ben Bernanke, former chairman of the U.S. Federal Reserve, suggested that Trump Fed chairman nominee Jerome Powell is likely to formally begin re-examining the Fed's target this year and that there
Economy

Ben Bernanke predicts Fed will discuss changing inflation target in 2019

Joseph Lawler -
0
President Trump signed the GOP's $1.5 trillion tax cut bill on Dec. 22. The new law lets firms bring overseas earnings back to the U.S. without a penalty once they pay a one-time levy and reduces the top tax rate to 21 percent. (Mike Theiler/Pool via Bloomberg)
Business

Cash windfall from Trump’s tax law may fuel corporate dealmaking boom

James Langford -
0
In recently released transcripts, Jerome Powell, President Trump's nominee for chairman of the Federal Reserve (pictured above), expressed skepticism about major stimulus programs and listened to business executives and hedge fund managers. (AP Photo/Carolyn Kaster)
Business

3 clues about Trump’s Fed nominee, Jerome Powell

Joseph Lawler -
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Forecasters had expected around 190,000 new jobs. (AP Photo/Keith Srakocic)
Economy

Economy adds 148,000 jobs in December, unemployment steady at 4.1 percent

Joseph Lawler -
0
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