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Forecasters in the private sector had expected jobless claims to drift down slightly to 246,000. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits a week earlier. (AP Photo/Lynne Sladky, File)
Economy

Jobless claims tick up, but are still very low at 241,000

Joseph Lawler -
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Federal Reserve Chair Janet Yellen. The two-part tests are conducted annually to examine the health of U.S. banks. In the first round, the simulated crisis included a global recession with unemployment spiking to 10 percent, stock markets collapsing 50 percent, housing prices dropping a quarter, and severe downturns in the U.K., Europe, and Japan. (AP Photo/Susan Walsh)
Economy

GOP lawmaker: Fed chair Janet Yellen wants Consumer Financial Protection Bureau funding changed

Joseph Lawler -
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Gov. Jerome Powell is set to recommend easing stress tests for banks and other forms of regulatory relief Thursday in testimony to the U.S. Senate. (AP Photo/Andrew Harnik)
Economy

Fed official to suggest regulatory relief for banks

Joseph Lawler -
0
Janet Yellen’s Very Bad Week
Magazine

Janet Yellen’s Very Bad Week

Irwin M. Stelzer -
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Federal Reserve Bank of Minneapolis President Neel Kashkari said he needed more data clearly showing inflation will rise in the months ahead. (AP Photo/Chris Carlson)
Economy

Lone vote against Fed rate hike says he put data over ‘faith’

Joseph Lawler -
0
Federal Reserve Chair Janet Yellen speaks in Washington, Wednesday, June 14, 2017, to announce the Federal Open Market Committee decision on interest rates following a two-day meeting. The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. (AP Photo/Susan Walsh)
Economy

Jobs market is hot any way you look at it, Yellen says

Joseph Lawler -
0
The increase brings the Fed’s target for short-term interest rates to a range of 1 percent to 1.25 percent, back to its 2008 level. (AP Photo/Andrew Harnik)
Economy

Federal Reserve announces second rate hike this year, despite slower inflation

Joseph Lawler -
0
Economists suggest that higher inflation might be needed to lower unemployment given the weak economic recovery. (AP Photo/Susan Walsh)
Economy

Former Obama, Fed officials call on central bank to ditch inflation target

Joseph Lawler -
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Six in 10 people say the economy has improved under President Trump, and 38 percent give him some credit for it. (AP Photo/Alex Brandon)
Economy

Trump zeroing in on candidates for Federal Reserve

Joseph Lawler -
0
Friday's jobs report missed private-sector forecasters' expectations for 185,000 new jobs. (AP Photo/Steven Senne)
Economy

 Job gains fall shy in May at 138,000, but unemployment lowest since May 2001

Joseph Lawler -
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