8:40 a.m. Sept. 18, 2020
- By Greg Robb
Fed’s Kashkari says warnings of runaway inflation are just ‘ghost stories’ Fed’s Bostic says COVID-19 pandemic has generated “a lot of noise” in the inflation dataMinneapolis Fed President Neel Kashkari said Friday that warnings of higher inflation are just “ghost stories.”
11:39 a.m. July 30, 2020
- Associated Press
Former Republican presidential candidate Herman Cain dies at 74 due to complications related to COVID-19 Cain had been co-chair of Black Voices for TrumpHerman Cain, former Republican presidential candidate and former CEO of a major pizza chain who went on to become an ardent supporter of President Donald Trump, has died of complications from the coronavirus. He was 74.
5:49 a.m. July 10, 2020
- By Pedro Nicolaci da Costa
A mostly white Federal Reserve can’t fix our diverse economic problems The Fed’s race problem undermines its leadership in a time of crisisThe Federal Reserve has a chronic white male problem that is going to make it harder for the institution to help lead the country at a historic moment of crisis that, by definition, requires a strong diversity of views.
12:35 p.m. July 7, 2020
- By Joy Wiltermuth
Dow ends nearly 400 points lower, U.S. stocks swoon, on doubts of quick economic recovery Trump starts process for U.S. to quit World Health OrganizationU.S. stocks on Tuesday tumbled in the final hour of trade, ending a 5-day win streak for the S&P 500, as investors grew more wary of the economic, public-health and policy response to the coronavirus pandemic.
12:33 p.m. July 7, 2020
- By Sunny Oh
30-year Treasury yield marks biggest drop in 3 weeks as bond auction fetches record low yieldU.S. Treasury yields fall Tuesday after a bond auction fetches its lowest yield on record, highlighting the U.S. government’s ultralow borrowing costs as the economy recovers from the coronavirus crisis.
12:11 p.m. July 7, 2020
- By Jeffry Bartash
Federal Reserve leaders see ‘bumpier’ recovery, slower decline in unemployment Rash of new coronavirus cases imperils fragile economic recoverySenior Federal Reserve leaders say high unemployment is all but certain to persist until a treatment for the coronavirus is found and that the central bank might have to take more steps to help the labor market.
1:01 a.m. July 7, 2020
- By Steve Goldstein
Atlanta Fed president sees signs that economic recovery is stallingAtlanta Fed President Raphael Bostic said in an interview the U.S. economy was levelling off. "There are a couple of things that we are seeing and some of them are troubling and might suggest that the trajectory of this recovery is going to be a bit bumpier than it might otherwise," . He said the regional central bank was trying to figure out "whether this levelling off is something that is a more sustained pattern, or just a pause."
7:08 a.m. June 15, 2020
- By Jacob Passy
As Supreme Court affirms workplace rights, LGBTQ Americans have a long way to go for economic equality The Supreme Court ruled Monday that civil rights laws barring workplace discrimination based on gender also apply to gender identity and sexual orientationThe Supreme Court ruled Monday that civil rights laws barring workplace discrimination based on gender also apply to gender identity and sexual orientation.
8:57 a.m. May 2, 2020
- By Andrew Keshner
The best way to spend your $1,200 stimulus check, according to financial advisers Your #stimulusdeposit could arrive as soon as this week — here’s how to use the money wiselyYour #stimulusdeposit could arrive as soon as this week — here’s how to use the money wisely.