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Investors and policymakers at the Federal Reserve have been monitoring inflation numbers closely for signs that the economy is headed toward full capacity. (AP Photo)
Economy

Inflation rises to new 40-year high in key gauge watched by Fed

Joseph Lawler -
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Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.
Business

Anxious Fed set for historic measure to try to curb inflation

Zach Halaschak -
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Federal Reserve Governor Lael Brainard, speaks as the Federal Reserve Board holds a meeting to discuss proposed rules to modify the enhanced prudential standard framework for large banking organizations, Wednesday, Oct. 31, 2018, at the Marriner S. Eccles Federal Reserve Board Building in Washington.
News

Senate confirms liberal favorite Lael Brainard as Fed’s new vice chairwoman

Zach Halaschak -
0
Workers wait to collect deliveries for a locked down community on Sunday, March 13, 2022, in Beijing. The number of new coronavirus cases in an outbreak in China's northeast tripled Sunday and authorities tightened control on access to Shanghai in the east, suspending bus service to the city of 24 million and requiring a virus test for anyone who wants to enter.
Business

Fears rise that strict ‘zero COVID’ policies will bring down Chinese economy

Zach Halaschak -
0
In this Sept. 24, 2013, file photo, just cut stacks of $100 bills make their way down the line at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas.
Finance and Economy

How rising interest rates will affect federal spending and debt

Zach Halaschak -
0
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.
Finance and Economy

Curbing inflation without recession not ‘straightforward or easy,’ Jerome Powell says

Zach Halaschak -
0
Help wanted signs hang below menus at a restaurant in the Newport section of Jersey City, N.J., on May 2, 2018.
Business

Number of workers receiving unemployment benefits hits lowest level in 52 years

Zach Halaschak -
0
Treasury Secretary Janet Yellen departs after speaking at American University's Kogod School of Business Center for Innovation in Washington, Thursday, April 7, 2022.
News

Yellen, Powell, and others walk out of G-20 meeting in protest of Russia

Victor I. Nava -
0
This Oct. 28, 1980, black-and-white file photo shows President Jimmy Carter, left, and Republican Presidential candidate Ronald Reagan shake hands after debating in the Cleveland Music Hall in Cleveland.
News

Stagflation, energy crises, and ‘malaise’: The last time inflation was this high

Zach Halaschak -
0
Michael Barr is the dean of the University of Michigan Ford's School of Public Policy and is Biden's nominee for top bank regulatory role.
Finance and Economy

Biden picks Michael Barr, who helped craft Dodd-Frank, for top bank regulatory role

Zach Halaschak -
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