Fed Cuts Interest Rates as Virus Crisis Drifts Westward

LORI HINNANT and KEN MORITSUGU / The Associated Press Mar 3, 2020 Mushrooming outbreaks in other parts of the world contrast with optimism in China, where the number of new infections is dropping. Dig deeper ( 4 Min. Read )

The Fed Protects Gamblers at the Expense of the Economy

Ellen Brown / Truthdig Jan 8, 2020 Its forced choice to bankroll hedge funds and other speculative ventures in repo market comes at a price to the middle class. Dig deeper ( 7 Min. Read )

Fed Cuts Its Key Rate for First Time in More Than a Decade

MARTIN CRUTSINGER / The Associated Press Jul 31, 2019 The benchmark's quarter-point drop is in response to economic pressures from Trump's trade wars, low inflation and poor global outlook. Dig deeper ( 4 Min. Read )

Trump Attacks Federal Reserve Again, Wants Interest Rate Cut

The Associated Press Jun 24, 2019 The president claims the stock market and economic growth would be considerably higher if the bank did not behave like a "stubborn child." Dig deeper ( 1 Min. Read )

Stephen Moore’s Economic Illiteracy Puts Us All at Risk

Marshall Auerback / Independent Media Institute Apr 3, 2019 The former Trump adviser has some profoundly misguided ideas about how to spur growth, and now he may be headed to the Federal Reserve. Dig deeper ( 8 Min. Read )

S&P 500 Marks Longest Bull Run on Mixed Day for Indexes

ALEX VEIGA / The Associated Press Aug 22, 2018 The bull market for U.S. stocks began in March 2009 and has now lasted nine years, five months and 13 days. Dig deeper ( 3 Min. Read )

Minimum-Wage Earners Can’t Afford 2-Bedroom Rentals in U.S.

Ilana Novick / Truthdig Jun 14, 2018 A study by the National Low Income Housing Coalition finds that the average worker would have to put in 122 hours per week to afford a two-bedroom apartment at the national fair market rent. Dig deeper ( 2 Min. Read )

Unemployment Rate Hits 18-Year Low

CHRISTOPHER RUGABER / The Associated Press Jun 1, 2018 U.S. employers add 223,000 jobs in May, helping to lower the unemployment rate to 3.8 percent. Dig deeper ( 4 Min. Read )

The Fed Boosts Wall Street, Not Main Street

Nomi Prins / Truthdig May 1, 2018 Today's central bank collusion is nothing more than a massive “trickle down” subsidy for the financial system—and promises for the masses. Dig deeper ( 8 Min. Read )

Fox in the Henhouse: Why Interest Rates Are Rising

Ellen Brown / Truthdig Apr 20, 2018 The Fed's proffered justifications for aggressively increasing interest rates and adding to government debt levels don’t pass the smell test. Dig deeper ( 7 Min. Read )

Stocks Dive on Trade War Fears After China Sanctions

MARLEY JAY / The Associated Press Mar 22, 2018 The Dow Jones industrial average drops 724.42 points (2.9 percent) on investor worries that trade tensions between the U.S. and China will escalate. Planned sanctions include tariffs on $48 billion worth of Chinese imports. Dig deeper ( 3 Min. Read )

Stocks Power Higher After Bad Week; Dow Jumps 410

MARLEY JAY / The Associated Press Feb 12, 2018 The market claws back more of its massive losses from the previous two weeks. Dig deeper ( 3 Min. Read )