Federal Reserve Chair Janet Yellen says wage gains remain slow and that’s a sign there’s plenty of slack in the labor market. Some Wall Street economists disagree.
Warren Buffett isn’t just a great investor. He’s the best investor, an economic study has found.
It may be hard to remember, but there was once a time when central banks raised interest rates.
Stanley Fischer’s bid to be Federal Reserve vice chairman won support today from a Senate panel, sending the former Bank of Israel governor’s nomination to the full chamber for confirmation.
Janet Yellen has some rewriting to do.
Call it the “new neutral.”
Prices in the U.S. may increase more than many expect this year, says David Rosenberg. That’s a 180- degree turn for the economist who not long ago correctly predicted a declining inflation rate, a view now prevalent among his peers.
Twelve years after retiring as a telephone repairman, Roger Wood clocks 12 to 15 hours a week at a Lowe’s Cos. hardware store near Glen Allen, Virginia.
Federal Reserve Chairman Ben S. Bernanke is proving more successful than his European counterparts in steering how investors view interest rates.
"Capex spending is likely to accelerate in the near term, helping to drive a solid upturn in growth, though not a booming one."
- Torsten Slok on Jun 25, 2014
Deutsche’s Slok Says September Taper `Done Deal'
Levitt, Clarida, Faber, Slok, Feroli, Cook: Surveillance