... were at a three-year high. And construction spending posted the largest jump in more than six years.
All of these gains can be credited to a single Federal program: an inane $8,000 tax credit ostensibly ...
Thursday, November 05, 2009
...
But it’s not just earnings weighing on the market. The Federal Reserve Beige Book, a business survey report put out by the Federal Reserve , shows the U.S. is slowly recovering from the recession ...
Thursday, October 22, 2009
... securities purchased by the Fed:
View larger image here
As Martenson observes (underscore emphasis mine),
...the Federal Reserve alone bought $722 billion of mortgages and agency debt when only ...
Friday, October 02, 2009
... of the House Oversight and Government Reform Committee.
Representative Edolphus Towns may start talks with Treasury Department and Federal Reserve officials about the plan from Maurice “Hank” Greenberg, ...
Monday, September 21, 2009
In response to the positive outlook projected by the Federal Open Market Committee, the dollar gains on many of the highly traded currencies.
From Anchalee Worrachate and Ron Harui, Bloomberg:
Sept. ...
Monday, September 21, 2009
The Federal Reserve has proposed a new rule which would regulate the pay and bonuses of bank employees including top executives, traders, loan officers and other employees.
From Edmund L. Andrews, ...
Friday, September 18, 2009
The United States Labor Department released its monthly cost of living report this morning with the eyes of the Federal Reserve locked in on the closely monitored “core” rate. The print, ...
Wednesday, September 16, 2009
The general economic index, as reported by the Federal Reserve Bank, jumped 6.8 points, showing a healthy emergence from a recession.
From Courtney Schlisserman, Bloomberg:
Sept. 15 (Bloomberg) -- ...
Tuesday, September 15, 2009
... have not fully understood that the U.S. Federal Reserve 's pledge to keep interest rates exceptionally low for an extended period means they will stay low beyond when officials normally would raise them, ...
Tuesday, September 08, 2009
... please act now!
Two Cheers for Fireman Ben
In a notable bit of inside baseball this week, the Chairman of the Federal Reserve (Ben S. Bernanke) was officially locked in for a second four-year ...
Friday, August 28, 2009
Obama says he'll nominate Ben Bernanke to lead Federal Reserve for another 4 years.
From Michael D. Shear and Neil Irwin, The Washington Post:
OAK BLUFFS, Mass., Aug. 25 -- President Obama on Tuesday ...
Tuesday, August 25, 2009
12.
Fed Extends TALF Program
(Matching tags: Housing Sector,Taipan,Mortgage Industry,Federal Reserve,K. Todd Simms,TALF)
The Federal Reserve and Treasury have extended the Term Asset-Backed Securities Loan Facility program until June 2010. The previous deadline had been the end of 2009.
The Federal Reserve explained in ...
Monday, August 17, 2009
... the Federal Reserve ’s record $1 trillion of injections into the banking system have passed through to faster inflation. Retailers including Nordstrom Inc., Abercrombie & Fitch Co. and American Eagle ...
Friday, August 14, 2009
There was intense volatility in the trade-weighted dollar index leading up to the release of yesterday’s statement by the Federal Open Market Committee (FOMC) – a familiar pattern witnessed by traders ...
Thursday, August 13, 2009
With fewer workers on the payroll, businesses are squeezing the most possible work out of employees.
From Lucia Mutikani, Reuters:
WASHINGTON (Reuters) - U.S. output per worker rose at its fastest ...
Tuesday, August 11, 2009
... and then suddenly discover you need to go to the bathroom, you’re in luck. The federal government has pledged $2.8 million to fix aging toilets in New Mexico national forest areas. And that’s just New ...
Wednesday, July 29, 2009
On Tuesday, news services such as MarketWatch reported that the U.S. dollar was soaring after Federal Reserve Chairman Ben Bernanke’s comments on the economy.
The news article, by Polya Lesova, reported, ...
Thursday, July 23, 2009
If there’s anyone worth listening to in Washington these days, it’s Paul Volcker. So why is the great man nowhere to be found?
When it comes to the ups and downs of the economy, there is only one man ...
Wednesday, July 15, 2009
Wondering where all the inflation is? Bottled up in Washington, but not for long.
“Is there any other point to which you would wish to draw my attention?” “To the curious incident of the dog in the ...
Monday, June 29, 2009
The Federal Reserve , after two days of meetings, has emerged with “extensions of and modifications to a number of its liquidity programs,” says the Fed’s press release:
The Board ...
Thursday, June 25, 2009
... and Development said in its latest economic outlook that the U.S. Federal Reserve should not raise interest rates before 2011.
The Bank of Japan should probably keep rates at 0.1% beyond the end of 2010, ...
Wednesday, June 24, 2009
The Federal Reserve meets June 23 and 24 this week, and Chairman Ben Bernanke and his cronies are under some scrutiny.
Bloomberg reports, “Chairman Ben S. Bernanke has to convince investors the ...
Monday, June 22, 2009
... against risk-taking by financial institutions, and new federal authority ‘to better manage ... the potential failure of large institutions.’”
Democrats roundly support the proposal, while some lawmakers ...
Thursday, June 18, 2009
... supervision of the financial sector,” writes CNNMoney senior writer Jennifer Liberto.
The plan would also expand the roles of the Federal Reserve and the Treasury Department, per the article. ...
Wednesday, June 17, 2009
25.
Tracking the Dollar
(Matching tags: U.S. Dollar,Christian DeHaemer,Crisis Trader,Federal Reserve)
And the Dollar Will Fall...
I’ve built my portfolio for this quarter around a few basic ideas. The first is that the U.S. dollar will fall. The second is that this dead cat bounce will climb 40% off ...
Thursday, May 07, 2009
More Power for Federal Reserve and Treasury
The Federal Reserve and U.S. Treasury Testify Before Congress
A Taipan Publishing Group Market News Brief By Sara Nunnally, Senior Research Director, Taipan ...
Tuesday, March 24, 2009
Late in the day Wednesday, the Federal Reserve announced a $1 trillion plan to help with banking liquidity. Should we say “another” $1 trillion plan? Is anyone keeping track anymore?
Here’s how it breaks ...
Thursday, March 19, 2009
