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Federal Reserve Chair Janet Yellen listens on Capitol Hill in Washington, Thursday, Feb. 27, 2014, as she testifies before the Senate Banking Committee to deliver the semiannual Monetary Policy Report to Congress. Yellen noted that some recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a temporary blip caused by severe winter weather. (AP Photo/J. Scott Applewhite)
Economy

Janet Yellen backs CBO minimum wage study maligned by the White House

Joseph Lawler -
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Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, Thursday, Feb. 27, 2014, before the Senate Banking Committee, to deliver the semiannual Monetary Policy Report to Congress. Yellen noted that some recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a temporary blip caused by severe winter weather. (AP Photo/J. Scott Applewhite)
Economy

Janet Yellen: Federal Reserve could pause the taper if slowing growth is more than bad weather

Joseph Lawler -
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The 468,000 new single-family home sales in January was a nearly 10 percent increase over December's relatively weak reading, and better than last year's comparable number.
Economy

New home sales rise 10 percent in January to highest level since 2008

Joseph Lawler -
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More than three-quarters of the top economists polled by the IGM Forum agreed with the statement that advancing automation has not reduced employment in the United States. (Thinkstock Image)
Economy

Economists: Robots aren’t killing jobs, but might be hurting wages

Joseph Lawler -
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Nationally, home prices increased 11.3 percent for the year, according to the index. As measured by the 20-city composite index, prices rose 13.4 percent year-over-year in December. (AP Photo)
Economy

Housing prices showed strong growth through December

Joseph Lawler -
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Bitcoin buttons are displayed on a table at the Inside Bitcoins conference in Berlin. (AP/Frank Jordans)
Economy

Bitcoin faces big test as major exchange fails

Joseph Lawler -
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Volunteering fell to the lowest rate in 2013 since the government has been measuring it, the Bureau of Labor Statistics reported Tuesday. (Photo: Thinkstock)
Economy

Volunteering falls to 10-year low in the U.S.

Joseph Lawler -
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Both former Fed Chairman Ben Bernanke and current Chairwoman Janet Yellen have been careful to reassure markets that they have not been trying to tighten money conditions by reducing monthly bond purchases by $10 billion at recent meetings. (Photo: Thinkstock)
Economy

The week ahead in economics: The money supply, heavyweights, Janet Yellen and GDP

Joseph Lawler -
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(Graphic illustration by Chris Henderson/Examiner)
Economy

Big Ideas: On quantitative easing, credit cards and ivory

Joseph Lawler -
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Raising the minimum wage to $10.10 by 2016 would increase wages for 16.5 million workers but lead to a loss of about 500,000 jobs, according to an estimate from the Congressional Budget Office released Tuesday afternoon. (AP Photo)
Economy

CBO: $10.10 minimum wage would lower employment by 500k, raise incomes for 16.5 million

Joseph Lawler -
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