Patrick Jankowski, longtime Houston economist, reflects on the oil bust, the rise of tech, NAFTA, the growth of the suburbs ...
Bradley Tusk spent several years running a campaign to legalize ride-sharing across the U.S. which meant going up against the ...
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said the central bank needed to assess the “scope, ...
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. I opened it and fell into it, as you fall into a fever. We were ...
Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With ...
The Fed has reported consecutive annual losses for the first time ever, with a $114.3 billion loss in 2023 and an estimated $82 billion loss in 2024. The losses stem from the Fed's shift to an ...
Benchmark Treasury yields have been climbing toward 5%, despite the central bank’s recent rate cutting.