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>> FEDERAL RESERVE Latest News

JAN 30, 2015 - Forbes

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When Even the Fed Is Confused About Gold, We Still Have Some Work To Do

I sometimes read things like college textbooks because, when the author is presenting basic ideas to a general audience, their most foundational misconceptions are on clear display. Recently, the Federal Reserve put out a brief description of a gold standard system – the policy used, in principle, by the United [...]

Tags: When Even the Fed Is Confused About Gold, We Still Have Some Work To Do,  Federal Reserve Latest News

JAN 30, 2015 - San Francisco Chronicle

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US economy slowed last quarter, but signs are pointing up

WASHINGTON (AP) — The U.S. economy slowed in the final three months of 2014, but a burst in consumer spending and the prospect of continued low energy prices are bolstering confidence that growth will strengthen this year. Thanks to steady job growth, tumbling oil prices and signs that pay may finally be picking up, Americans appear poised to keep the ...

Tags: US economy slowed last quarter, but signs are pointing up,  Federal Reserve Latest News

JAN 30, 2015 - San Francisco Chronicle

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US stock markets edge lower on mixed US economic data

U.S. stocks drifted lower in early trading Friday as investors sized up the latest batch of corporate earnings. Growth in consumer spending was offset by weaker business investment, trade and government spending. The increase is a sign strong job growth could be forcing companies to boost pay for workers. The Federal Reserve is watching wages as it considers whether to ...

Tags: US stock markets edge lower on mixed US economic data,  Federal Reserve Latest News

JAN 30, 2015 - San Francisco Chronicle

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US pay and benefits rose at slightly faster pace last year

WASHINGTON (AP) — Wages and benefits rose at slightly healthier rate last year, a sign strong job gains could be forcing companies to pay a bit more for workers. The Labor Department said Friday that the employment cost index, which measures pay and benefits, rose 2.2 percent in 2014, up from 2 percent the previous year. The Federal Reserve is ...

Tags: US pay and benefits rose at slightly faster pace last year,  Federal Reserve Latest News

JAN 29, 2015 - Chicago Tribune

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Almost half of US households exhaust their salaries

The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.

Tags: Almost half of US households exhaust their salaries,  Federal Reserve Latest News