News
Does the new Fed chair care about jobs? : The Indicator from Planet Money
2+ hour, 44+ min ago (127+ words) Last month, new Fed Chair Kevin Warsh presided over his first interest rate decision and press conference " but he didn't talk much about maximum employment. How much does Kevin Warsh care about the jobs side of the Fed's dual mandate?...
Could high inflation be the new normal?
1+ week, 7+ hour ago (55+ words) NPR Could high inflation be the new normal? Inflation is at a three-year high. That's a problem for the Fed. Yet, under the leadership of new chair Kevin Warsh, it opted not to hike interest rates. So, who are inflation's…...
Alan Greenspan was a titan among Federal Reserve chairs. What's his legacy? : Consider This from NPR
1+ week, 3+ day ago (153+ words) Alan Greenspan, who led the Federal Reserve for nearly two decades, died Monday at his home in Washington. He was 100. Greenspan was the rare celebrity among central bankers, lionized for his economic stewardship in the 1990s " and a reputation tarnished by…...
Alan Greenspan, the legendary former Federal Reserve chair, dies
1+ week, 3+ day ago (919+ words) Former Federal Reserve Chair Alan Greenspan delivers the keynote address at the IMF Statistical Forum/Statistics for Policy Making in Washington, D. C. , on Nov. 18, 2014. Greenspan died on Monday at age 100. Paul J. Richards/AFP via Getty Images hide caption Alan Greenspan, who…...
3 things to know about the new Fed chief's first meeting
2+ week, 1+ day ago (625+ words) Kevin Warsh chairs his first meeting of the Federal Reserve's interest-rate setting committee this week. With inflation at a three-year high, the committee is expected to leave its benchmark rate unchanged. Aaron Schwartz/AFP hide caption The new chairman of…...
Inflation is bad, work from home sad, FIFA World Cup tix NOT a deal to be had: The Indicator from Planet Money
2+ week, 6+ day ago (492+ words) It's Indicators of the Week (now on You Tube!). It's our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Inflation is back, working from home is making us sad, and World Cup…...
Fueled by soaring gas prices, inflation tops 4% for the first time in 3 years
3+ week, 7+ hour ago (66+ words) NPR Fueled by soaring gas prices, inflation tops 4% for the first time in 3 years Inflation has jumped to its highest level in more than three years. Much of the increase is fueled by higher gasoline prices since the U. S. launched its…...
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
3+ week, 1+ day ago (240+ words) Soaring gasoline prices, triggered by the U. S. war with Iran, have pushed inflation to its highest level in more than three years. A report from the Labor Department Wednesday showed consumer prices in May were up 4. 2% from a year ago. That's…...
Two indicators for lowering the rent: Planet Money
3+ week, 1+ day ago (425+ words) One specific type of affordable housing used to be popular in American cities, kept rents low, then nearly vanished. Is it time to reconsider boarding houses and single room occupancy units? If they lowered rents in cities, why did they…...
Remote work -- not AI -- has sidelined recent college graduates, research finds
1+ mon, 22+ hour ago (821+ words) New research finds remote work has sidelined younger college graduates since the pandemic. Maksym Belchenko/i Stock / Getty Images Plus hide caption Stay up to date with our Up First newsletter sent every weekday morning. The buzz on college campuses…...