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Why low unemployment might not lead to higher inflation

Feb 21, 2018
The unemployment rate is at 4.1 percent — the lowest level since 2000.
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What will rising bond yields mean if the economy keeps heating up?

Feb 13, 2018
The Fed is expected to raise interest rates multiple times this year, which could affect interest rates and yields in the broader bond market. Today a top bond trader at Goldman Sachs forecast the yield on the 10-year Treasury will rise to as high as 3.5 percent by the summer. We haven’t been in a […]

Here's what five people named Jerome Powell think about the economy

Feb 12, 2018
A little perspective for the Federal Reserve chair as he starts his term.
 Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee on Nov. 28, 2017 on Capitol Hill in Washington, D.C.
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Why some people are relieved the markets are dipping

Feb 6, 2018
The markets had been hitting record highs, but this reversal might be a good thing.
Traders and financial professionals working on the floor of the New York Stock Exchange (NYSE).
Drew Angerer/Getty Images

What's behind the global rally?

Jan 17, 2018
Economists say cheap interest rates are one factor.
Economists are split on whether Donald Trump's presidency is behind the boom in the economies and stock markets of Europe, China and Japan.
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4 percent interest on savings? It sounds too good to be true

Jan 15, 2018
Startup Beam says it will offer high rates that are FDIC insured with no fees. Some in the industry say the math doesn't work.
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What the Fed may be weighing this week as it eyes short-term interest rates

Dec 11, 2017
A big date on the economic calendar this week: the Federal Reserve’s Open Market Committee meeting Dec. 12 and 13. We’ll find out Wednesday whether it’s raising short-term interest rates again. An important piece of the economic puzzle landed on today with the November jobs report. It showed unemployment at a low 4.1 percent and […]

5 things you need to know about the Federal Reserve

Nov 3, 2017
The Fed does more than just set interest rates.
A lot of decisions about your financial life are made in the Federal Reserve building.
KAREN BLEIER/AFP/Getty Images

Payday loan business facing tougher rules

Oct 5, 2017
Lenders would have to check a borrower’s ability to repay a loan but there are lots of loopholes protecting the loan business.
A neon sign above a branch of Payday Loans, who offer cash for gold and instant check cashing services.
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