Many view the recent decision of Federal Reserve head Janet Yellen to increase the interest rates for the first time in nearly a decade to be a sign that the economy has fully returned to […]
Federal Reserve
The Market Chose To Ignore Something In Yesterday’s Fed Announcement
As was widely expected, the United States Federal Reserve (the Fed) raised interest rates on Wednesday – thereby ending a seven-year period during which government intervention held the benchmark federal-funds rate near zero. The Fed […]
Federal Reserve’s Janet Yellen Says We’re On Track For First Rate Increase Since 2008
For Federal Reserve Chairperson Janet Yellen, the possibility of a United States interest rate increase is a sign that the American economy has almost completely recovered from the recession. Yellen has not confirmed that a […]
Trumps Calls Out Janet Yellen For Not Raising Rates Because Obama Said So
Republican presidential hopeful Donald Trump is accusing the U.S. Federal Reserve and President Barack Obama of conspiring to keep interest rates low. “In my opinion Janet Yellen is highly political and she’s not raising rates […]
This Obscure Hedge Fund Has Just Become The Largest Buyer Of U.S. Treasury Bills
Using a leverage-heavy strategy that was popular before the 2008 financial crisis, Element Capital Management LLC has been making large moves in the $12.8 trillion U.S. Treasury market in recent months. The strategy has been […]
Federal Reserve Study Shows Americans Are Moving Back In With Their Parents At Highest Rate Ever
With an effect that is most pronounced among the millennial generation, a new report from the Federal Reserve Bank of Kansas City has found that a growing share of adults from every age bracket are […]
Stock Market Plunges 531 Points In Biggest Loss Of The Year
America’s stock markets suffered a dramatic selloff Friday and posted their biggest loss of the year. The benchmark Dow Jones Industrial Average plummeted 531 points, and had its worst week since 2011. That performance was […]
Kansas City Fed Denies Marijuana Credit Union License To Operate
A credit union designed to service the needs of Colorado’s marijuana industry has hit another roadblock on its path to legitimacy. The Federal Reserve again moved to deny the Fourth Corner Credit Union (FCCU) a […]
Insurance Companies Fight For Right To Be Risky, Bailed Out By Taxpayers
Insurance companies are already among Washington’s biggest donors but that’s not stopping them from ramping up efforts to fight the Federal Reserve over new rules that would force the companies to be less risky. After […]
Is Warren Buffett’s Berkshire Too Big To Fail?
At his annual meeting on Saturday, Warren Buffett predictably rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big […]