Economy - Most Commented

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Federal Reserve could begin plans to raise interest rates

Dec 13, 2011
Federal Reserve officials are expected to announce that they will keep interest rates near zero, a level that has remained steady since the financial crisis
Posted In: Federal Reserve, quantitative easing

Could Europe be heading for a permanent recession?

Dec 13, 2011
The deal European leaders struck for greater fiscal unity could also stunt growth in the long-term.
Posted In: Europe debt crisis, recession, fiscal union

Gary Shilling: Unlikely Fed will make a move yet

Dec 13, 2011
Former Fed economist Gary Shilling says it is unlikely the Fed will change the zero percent interest rate anytime soon, and when it does, the shift will be more the effect than the cause of a booming economy.
Posted In: Federal Reserve, interest rates

Americans spending more on cars, clothing and furniture

Dec 13, 2011
American consumer spending is up, but shoppers are more conscious this time around -- and Black Friday might have been the high point of spending for a while.
Posted In: holiday shopping, retail sales, holiday discounts

Federal Reserve to increase transparency

Dec 12, 2011
The Federal Reserve is talking about being more upfront about its projections and its targets for short-term interest rates, and its view of the jobs picture, and inflation.
Posted In: Federal Reserve

David Cameron in the 'doghouse' with euro peers

Dec 12, 2011
The United Kingdom walked away from an agreement with the rest of Europe to adhere to more fiscal scrutiny. The country's prime minister says the decision was to protect the financial sector of the country.
Posted In: Europe debt crisis, Britain, david cameron

What will the euro deal to do growth?

Dec 12, 2011
Most of the leaders of Europe agreed to a deal on Friday to help solve the crisis there. But will austerity measures also stunt growth?
Posted In: Europe debt crisis, austerity

PODCAST: Cameron in the doghouse, a dent in the debt

Dec 12, 2011
Questions are being raised as to the economic future of England and the rest of Europe following Friday's summit. Demand for larger pickups is up, and Ford is discontinuing its Ranger line of smaller trucks. More and more young people are taking on full-time jobs as yoga instructors.
Posted In: david cameron, fedex, American Airlines, New Year's eve

Fed hopes to clarify its actions to Americans

Dec 12, 2011
The Federal Reserve's interest rate committee holds its last meeting of the year tomorrow. The Fed hopes to soon make its actions more easily understandable to individuals and business owners.
Posted In: Federal Reserve, transparency

Banks are lending again

Dec 12, 2011
Between July to September of this year, bank credit lending was up 10 percent -- the highest rate since before the Lehman Brothers collapse in 2008.
Posted In: lending, Banks, interest rates, credit

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