Fed officials, including Chair Janet Yellen on May 27, had signaled they were in favor of a rate increase, but the June jobs report seems to stop that.
You might be surprised how many families face financial woes from the Great Recession's effects even now--medical bills and underwater mortgages don't help.
Senators Elizabeth Warren and David Vitter introduced legislation to require the Federal Reserve Board of Governors to publicly record votes on enforcement actions that include $1 million or more in payments.
Reducing land-use constraints in high-productivity New York, San Francisco and San Jose to the level of the median city would expand their labor forces, boosting U.S. gross domestic product by 9.5 percent.
Treasury Secretary Jacob J. Lew said the tax system for businesses needs to be overhauled, with lower taxes and closed loopholes, to help boost the economy.
The number of Americans filing for unemployment benefits unexpectedly rose last week to a two-month high, interrupting a steady decrease to the lowest level since before the last recession.
The four-week average of jobless claims in June, considered a less volatile measure than the weekly figure, dropped to 297,250, the lowest since April 2006, from 300,750 the prior week.
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{
"uri": "/2016/06/03/weak-u-s-jobs-report-stops-threat-of-june-fed-rate/",
"title": "Weak U.S. jobs report stops threat of June Fed rate hike",
"byline": " Christopher Condon and Jeanna Smialek ",
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"prettyDate": "June 03, 2016",
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"summary": "Fed officials, including Chair Janet Yellen on May 27, had signaled they were in favor of a rate increase, but the June jobs report seems to stop that.",
"body": null
},
{
"uri": "/2015/10/19/goldman-says-older-workers-poised-for-a-comeback/",
"title": "Goldman says older workers poised for a comeback",
"byline": "Jeanna Smialek",
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"summary": "As the population ages, its decreasing how many people work or are looking for a job.",
"body": null
},
{
"uri": "/2015/05/28/financial-vulnerability-haunts-families-after-cris/",
"title": "Financial vulnerability haunts families after crisis",
"byline": " Jeanna Smialek ",
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"prettyDate": "May 28, 2015",
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"summary": "You might be surprised how many families face financial woes from the Great Recession's effects even now--medical bills and underwater mortgages don't help.",
"body": null
},
{
"uri": "/2015/05/07/vitter-warren-introduce-bill-aimed-at-fed-accounta/",
"title": "Vitter, Warren introduce bill aimed at Fed accountability",
"byline": " Jeanna Smialek, Christopher Condon ",
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"prettyDate": "May 07, 2015",
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"summary": "Senators Elizabeth Warren and David Vitter introduced legislation to require the Federal Reserve Board of Governors to publicly record votes on enforcement actions that include $1 million or more in payments.",
"body": null
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{
"uri": "/2015/05/07/new-yorks-tight-housing-market-stifles-growth/",
"title": "New York’s tight housing market stifles growth",
"byline": "Jeanna Smialek",
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"prettyDate": "May 07, 2015",
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"authors": [
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"summary": "Reducing land-use constraints in high-productivity New York, San Francisco and San Jose to the level of the median city would expand their labor forces, boosting U.S. gross domestic product by 9.5 percent.",
"body": null
},
{
"uri": "/2015/04/03/weak-jobs-gain-gives-fed-new-reason-to-delay-rate/",
"title": "Weak jobs gain gives Fed new reason to delay rate hike",
"byline": " Jeanna Smialek, Bloomberg, Jeff Kearns, Bloomberg ",
"kicker": "",
"prettyDate": "April 03, 2015",
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"summary": "The Fed is watching for the economy to reach or approach full employment and generate higher inflation before raising interest rates from near zero.",
"body": null
},
{
"uri": "/2015/01/21/lew-pushes-tax-overhaul/",
"title": "Lew pushes tax overhaul",
"byline": "Jeanna Smialek, Ian Katz",
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"prettyDate": "January 21, 2015",
"timeToRead": "2 minute",
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"authors": [
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"summary": "Treasury Secretary Jacob J. Lew said the tax system for businesses needs to be overhauled, with lower taxes and closed loopholes, to help boost the economy.",
"body": null
},
{
"uri": "/2014/12/29/comerica-to-manage-myra/",
"title": "Comerica to manage MyRA",
"byline": "Jeanna Smialek, Bloomberg",
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"prettyDate": "December 29, 2014",
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"summary": "The Dallas-based financial services company will be the custodian for the Treasury Departments myRA program, short for my retirement account.",
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},
{
"uri": "/2014/09/11/jobless-benefit-filings-jump-unexpectedly/",
"title": "Jobless benefit filings jump unexpectedly",
"byline": "Jeanna Smialek",
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"prettyDate": "September 11, 2014",
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"summary": "The number of Americans filing for unemployment benefits unexpectedly rose last week to a two-month high, interrupting a steady decrease to the lowest level since before the last recession.",
"body": null
},
{
"uri": "/2014/07/31/jobless-claims-drop-to-8-year-low/",
"title": "Jobless claims drop to 8-year low",
"byline": "Jeanna Smialek",
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"prettyDate": "July 31, 2014",
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"summary": "The four-week average of jobless claims in June, considered a less volatile measure than the weekly figure, dropped to 297,250, the lowest since April 2006, from 300,750 the prior week.",
"body": null
}
]
}
}
