I will note this again because it should be noted again and again. Goldman Sachs should be dead. Door nail. Kaput. Finito. Gone. A piece of history. Expired.
Federal Reserve official: Economy on track for 'normalization' phase ...
The Federal Reserve is cutting its lifeline to big banks in financial trouble.
Lost in the debate over the U.S. Treasury market's resilience as the Federal Reserve starts to raise interest rates is one simple fact: supply is falling -- and fast.
The actor, who stars in the financial drama "The Big Short," blasted bankers at a screening for the film on Monday.
One popular delusion that won't seem to go away is the notion that policy makers can stimulate robust economic growth by setting interest rates artificially low.
The 7th largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America.
Lawmakers are trying to pass a $325 billion highway bill to fix America's crumbling roads and bridges. And Congress wants part of the funds to come from the Fed's emergency stash of money.
The Fed is About to Make Life Harder For Big Banks ... It's considering changes to its annual stress test. The Federal Reserve administers stress tests to the largest U.S. banks each year to see how they would fare in a hypothetically turbulent econo
Will the Fed really hike? Savvy market observers have maintained that the Fed is trapped due to the enormous size of the US national debt. It can't hike too hard or too fast. Perhaps it can't hike at all.
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says while many savers have been frustrated by years of low interest rates, the rock-bottom rates were needed to boost the economy after the Great Recession.
[This is an excerpt from Progressivism: A Primer on the Idea Destroying America (2014). It appears in a section called "A Rogue's Gallery of Progressives" along with articles on Lincoln, TR, FDR and LBJ]
This is extremely urgent (36-hour deadline!), so I'll get right to the point. My son Rand used a little-known procedural maneuver to bypass the stranglehold placed on his Audit the Fed by the Senate Banking Committee. And there WILL BE a Senate
The Federal Reserve may already have made a monetary-policy mistake and paved the way for the next U.S. recession.
The September jobs report, which was released in early October, was so universally dismal that it managed to convince the majority of investors the Federal Reserve would not raise interest rates in 2015.
The U.S. House of Representatives on Thursday approved a bill that would make the Federal Reserve set interest rate policy using a mathematical rule, a proposal that has little chance of becoming law given a White House veto threat.
Federal Reserve Chair Janet Yellen said she strongly opposes a legislative reform act of the central bank.
Congress has a responsibility to force a full and thorough audit of the Federal Reserve System so the American people finally know what the Fed is doing to our money; and...
"Pledge of Allegiance" -- "I" (securing individual consent) "pledge" (an ancient feudal act of serfs and subjects to a king) "my allegiance" (individual obligation to serve) "to the United States of America" (a deceptively name
"The Fed should be audited and the Fed should stop playing politics with our money supply," New Jersey Governor Chris Christie said in the "undercard" Republican debate hosted by Fox Business Network
In the first of 6 Fed speaker scheduled today, St. Louis Fed's Bullard did what Fed presidents usually do: issued the usual tripe of contradictory statements.
Bonds are back in town and stocks are tumbling.
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen is stressing the need to review the unconventional monetary policies that central banks around the world deployed in response to the 2008 global financial crisis.
Last week Federal Reserve Chair Janet Yellen hinted that the Federal Reserve Board will increase interest rates at the board's December meeting.
(Truthstream Media) The Federal Reserve remains the 800-pound gorilla. Its moves are of enormous consequence to the economy, and their interests are at odds with those of ordinary Americans.
In one of four speaking appearances by high profile Fed officials on Wednesday, Donald Trump's favorite "politicized" central planner Janet Yellen is set to testify before the House Financial Services Committee this morning.
There's a lot to keep track of over the next few weeks
We have heard many explanations for the torrid market rally since last September, ranging from the rational - short squeeze - to the generic - "bad news is good news under central planning" to the deranged - "ignore the news, the U.S. economy is actu
President Barack Obama and top lawmakers from both parties reached a tentative budget agreement that would avert a U.S. debt default and lower chances of a government shutdown, lessening years of political friction over fiscal policy in Washington.
Yellen's focus on the under-employed is steering monetary policy toward a bold experiment: The Federal Open Market Committee will use the big, blunt instrument of low interest rates to push the jobless level low enough to pull more labor-force quit