The Federal Reserve made it clear in describing the U.S. economy today that any fault for this year’s sluggish expansion lies outside the central bank. “Fiscal policy is restraining economic growth,” the Federal Open Market Committee said, with a more direct message than...
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Federal Reserve chairman Ben Bernanke arrives for a family photo of finance ministers and central bank governors following the G20 meeting at the 2013 World Bank/IMF Spring meetings in Washington on April 19, 2013.
Fed on U.S. Growth: Don’t Blame Us
Photograph by Spencer Platt/Getty Images
Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair at the Jacob Javits Convention Center on April 26, 2013 in New York City.
Consumer Confidence Up — Not in Jobs
Consumer confidence in the U.S. improved in April, reaching a five-month high, a report from the Conference Board showed today. Chalk up a good portion of the elation to gains in wealth from improving property values and stock portfolios. In...
Read more »Tech Helps Give West Best U.S. Job Growth
Gary Schlossberg, an economist at Wells Fargo in San Francisco, doesn’t have to look far to see how the innovation and entrepreneurship in California are helping the West lead the nation’s job growth. “Tech certainly is a driver,” Schlossberg said...
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"March On Wall Street South" demonstrators march in Charlotte, North Carolina ahead of the Democratic National Convention, on September 2, 2012.
Occupy Charlotte: Miniature Protest in the Heart of a Banking Giant
There’s not much happening here: A limited throng of protesters joined many more delegates converging on Charlotte today for the Democratic National Convention, as the city barricaded “Uptown Charlotte” streets for a march that attracted fewer people than organizers hoped...
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