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Federal Reserve

by Max Erkiletian
The Weekly Wrap: All About Inflation, Its Causes, History, and How to Fight It President Gerald Ford labeled inflation “public enemy number one” when it climbed to 20 percent during the seventies... read the story
by Tamila McDonald
How the Fed’s Interest Rate Increases Affect Your Finances The U.S. Federal Reserve Bank just raised interest rates a quarter of a percent. How does that actually work and at what... read the story
by Lori Kelley
Labor Department Says Economy Created 280000 New Jobs in May The economy appears to be in better shape than many economists had thought. The Department of Labor released the monthly... read the story
by Lilian Nwa
Strong December Jobs Report Looks Good, but Wages Fail to Keep Pace The years 2008 and 2009 were characterized by loss: the loss of approximately 8.4 million jobs, the loss of consumer con... read the story
by Jeffrey Strain
US Stocks Fail to Secure Wall Street Gain for Sixth Week in a Row The winning streak couldn’t last forever, and US stocks finally hit a small speed bump on Friday and closed lower ... read the story
by Jeffrey Strain
Americans Love Debt Again: Consumer Credit Card Spending Surges by $8.8 Billion Consumers seem to have forgotten their lesson that debt is not their friend. In what might be a positive sign for the ec... read the story