Martin Crutsinger / The Associated PressDec 13, 2017
The move by the central bank indicates that it expects the job market and the economy to strengthen further. Dig deeper ( 3 Min. Read )
Martin Crutsinger / APOct 27, 2017
The growth is evidence of economic durability and all but assures that the Federal Reserve will resume raising interest rates late this year. Dig deeper ( 3 Min. Read )
By Ellen Brown / Web of DebtJun 12, 2017
Higher interest rates would triple the interest on the federal debt by 2026, would hurt workers and young voters and could bankrupt more than 20 percent of U.S. corporations. Dig deeper ( 7 Min. Read )
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Staff / TruthdigAug 26, 2016
Black and Latino working-class activists attempted to hold leading U.S. economic policymakers accountable to communities of color by posing tough questions to 10 Federal Reserve presidents and governors at the institution's annual Jackson Hole Policy Symposium. Dig deeper ( 4 Min. Read )
Staff / TruthdigOct 31, 2015
"Start imagining what we, the savers, have to endure because of plutocratic, crony capitalism for which the Federal Reserve has long been a leading Tribune." Dig deeper ( 4 Min. Read )
Staff / TruthdigOct 8, 2015
The International Monetary Fund says a slowdown of the Chinese economy and a decline in world trade are undermining the stability of highly indebted emerging economies. Dig deeper ( 1 Min. Read )
Alexander Reed Kelly / TruthdigSep 7, 2015
Raising interest rates before employment and wages have recovered would harm working people and the U.S. economy, The New York Times' Editorial Board writes on Labor Day. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigAug 24, 2015
Although they ended with still more losses, U.S. stock markets recovered partly Monday after a plummet to dramatic lows fueled by fears of a collapse in the Chinese economy. The shock experienced in recent days was predictable, writes Guardian economics editor Larry Elliot. Dig deeper ( 3 Min. Read )
Alexander Reed Kelly / TruthdigAug 21, 2015
Reports that huge sums of investment money have flowed out of countries with emerging markets suggest that countries once billed as "stars of the post-crash economy are now waning." Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigApr 9, 2015
For the first time since the global recession, Federal Reserve officials are divided over whether to raise interest rates. This occurs amid signs that U.S. economic growth has slowed. Dig deeper ( 1 Min. Read )
Natasha Hakimi Zapata / TruthdigAug 12, 2014
Payday loan providers have been around for 20 years or so, and in that time their growth rate has been exponential for one reason alone: The services they provide are a huge, undeniable, legal scam. Watch John Oliver and comedian Sarah Silverman explain why you need to avoid them at all costs. Dig deeper ( 1 Min. Read )
David Sirota / TruthdigMay 9, 2014
When a city is forced to spend more on Wall Street fees than on basic public services, it is the sign of trouble. Dig deeper ( 3 Min. Read )
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