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    Apr 22, 2013 |Column| Orlando Sentinel

  1. The end of macro magic

    WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination of individual markets ("microeconomics"). The question is how much "macro" policies can produce and protect prosperity. Before the 2008-09 financial crisis, there was great confidence that they could. Now, with 38 million unemployed in Europe and the United States -- and recoveries that are feeble or nonexistent -- macroeconomics is in disarray and disrepute.
    WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination of...

    Tags: Central Bank, Finance, Nobel Prize Awards, Financial Markets, International Monetary Fund

    2. Apr 10, 2013 |Story| Los Angeles Times

  2. Federal Reserve minutes show division over stimulus program

    WASHINGTON -- Most Federal Reserve policymakers favor maintaining the current pace of bond-buying until at least the middle of this year, but the weak March jobs report muddles the picture of when the Fed might pull back and eventually halt its stimulus program.
    WASHINGTON -- Most Federal Reserve policymakers favor maintaining the current pace of bond-buying until at least the middle of this year, but the weak March jobs report muddles the picture of when the Fed might pull back and eventually halt its stimulus...

    Tags: Employment, Career and Workplace, Economy, Business and Finance, Employment Opportunities, Finance

    3. Apr 21, 2013 |Column| Baltimore Sun

  3. Did we learn anything from the subprime loan crisis?

    A dangerous confluence of recent business stories have been attention grabbers. First, the Obama administration announced an initiative to ensure more home loans for those with weak credit. Then, a number of prominent economists issued forecasts reflecting a slowing economy over the next several quarters.
    A dangerous confluence of recent business stories have been attention grabbers. First, the Obama administration announced an initiative to ensure more home loans for those with weak credit. Then, a number of prominent economists issued forecasts...

    Tags: Justice and Rights, Human Interest, Loans, Investments, Civil Rights

    4. Apr 19, 2013 |Column| Orlando Sentinel

  4. Political kin, and politically dangerous

    WASHINGTON -- The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to exploit opportunities for concentrated benefits and dispersed costs (e.g., agriculture subsidies confer sums on large agribusinesses by imposing small costs on 316 million Americans).
    WASHINGTON -- The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to exploit...

    Tags: Environmental Issues, Finance, Environmental Politics, Government, Executive Branch

    5. Apr 18, 2013 |Story| Los Angeles Times

  5. Student debt could hamper future economic growth, study says

    Looming student debt could hamper future economic growth as young people tamp down on spending and borrowing in the years to come.
    Looming student debt could hamper future economic growth as young people tamp down on spending and borrowing in the years to come. Compared with counterparts not saddled with student loans, these young workers are less likely to take out mortgages or...

    Tags: Career and Workplace, Productivity, Loans, Employees, Consumers

    6. Apr 18, 2013 |Story| Los Angeles Times

  6. Foreclosure-abuse settlement checks bounce

    Some borrowers who received compensation for possible foreclosure abuses were told to take a hike this week when they tried to cash the checks. 
    Some borrowers who received compensation for possible foreclosure abuses were told to take a hike this week when they tried to cash the checks.  Just when it seemed the mortgage mess might be tailing off, it was the latest debacle for a program whose...

    Tags: Economy, Business and Finance, Finance, JPMorgan Chase & Co., Office of the Comptroller of the Currency, Bank of America Corp.

    7. Apr 18, 2013 |Story| Petoskey News

  7. Dollar values on rise for local home sales

    PETOSKEY -- Northwest Michigan's residential real estate transactions showed year-to-year growth in dollar value through the first three months of 2013.
    PETOSKEY -- Northwest Michigan's residential real estate transactions showed year-to-year growth in dollar value through the first three months of 2013. "There just seems to be a general sense of optimism out in the marketplace," said Steve Andreae,...

    Tags: Services and Shopping, Financial and Business Services, Finance, Real Estate Sales, Inventories

    8. Apr 17, 2013 |Story| Hartford Courant

  8. BofA Profit Misses Estimates As Revenue Falls

    Bank of America Corp., parent of Connecticut's largest bank, reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday. Net income quadrupled to $2.62...

    Tags: Economy, Business and Finance, Finance, Earnings, Mortgages, Loans

    9. Mar 7, 2013 |Story| Imperial Valley Press Online

  9. Our View: Keep an eye on the stock market numbers

    The stock market is at a record high. Other economic indicators, including a slowly decreasing unemployment rate, a rebound in the housing market and ever-increasing consumer confidence, indicate that our country is continuing to recover from a massive...

    Tags: Economy, Business and Finance, Finance, Stock Market, Dow Jones Industrial Average, Labor Markets

    10. Mar 27, 2013 |Column| Chicago Tribune

  10. What junk sales and Chicago Fed tell us about the economy

    My husband and I are buying a house today.
    My husband and I are buying a house today. So I sought out two experts — one owns a scrap yard in Cicero — to advise me about the timing of our purchase. Has the economy hit bottom? First, I drove to United Scrap Metal to interview...

    Tags: Pies and Tarts, Metal and Mineral, Automotive Equipment, Federal Reserve Bank of Chicago, Manufacturing and Engineering

    11. Mar 7, 2013 |Story| Baltimore Sun

  11. Government favors big corporations

    We average people vote but we don't get much respect from our government these days nor from some of our representatives. The government gives our taxpayer money and tax breaks to big companies and corporations that don't pay taxes and often don't pay...

    Tags: U.S. Postal Service, Business Enterprises, Amgen Inc., Elections, Goldman Sachs Group, Inc.

    12. Mar 6, 2013 |Story| Daily American

  12. Cautiously optimistic

    Even though Wall Street hit a record high Tuesday, many who work in the industry are not yet ready to celebrate. The Dow rose 125.95 points Tuesday and closed at 14,253.77, topping the previous record set on Oct. 9, 2007 by almost 90 points. The blue-...

    Tags: Patient Protection and Affordable Care Act, Labor Markets

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Federal Reserve Photos
Jeffrey Lacker, president of the Federal Reserve Bank o...
(May 15, 2013)
Jeffrey Lacker
Young workers with student loans are less likely to tak...
(April 18, 2013)
Student loans
Federal Reserve
(March 22, 2013)
Federal Reserve
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