It’s Definitely Time for Big Banks to Beware
And other takeaways from Janet Yellen’s confirmation hearing
And other takeaways from Janet Yellen’s confirmation hearing
When mortgage giants Fannie Mae and Freddie Mac were taken over by the Bush Administration in 2008, the nearly $200 billion bailout was the largest in history. Since that time however, and aided by the rapid recovery of the …
Quantitative easing—the Federal Reserve‘s program of buying long term government and mortgage debt known as QE—is one of the more controversial policies practiced today. While there is evidence that it has successfully …
The 2000s real estate bubble—which burst in 2007 and precipitated a once-in-a-century financial crisis and recession—is not something most folks are excited to see repeated. But five years of declining or stagnating housing …
The October jobs report came as a bit of surprise for analysts who were expecting the government shutdown to severely affect job growth, as the Labor Department announced the economy added a pretty robust 204,000 new jobs in …
The question is, what does that mean for the markets and Fed stimulus?
The housing market is back, right? For well over a year now, housing prices nationally have been appreciating at a rapid pace, with some markets like Dallas and Denver recently touching all-time highs. Overall, housing prices are …
Tomorrow is election day, and across the country states and localities are putting important questions directly to the voters — some of which will have a direct impact on businesses and the economy. Because off-year elections …
Reductions in the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, automatically kick in today as a result of the expiration of provisions the 2009 stimulus bill. Meanwhile, Congressional leaders …
The Federal Export-Import Bank announced this morning that it was sending $1 billion profits back to the Treasury. So why are lawmakers fighting to abolish it?
The media coverage of this year’s Nobel Prize in economics was dominated by the concept of the “efficient market hypothesis,” which is narrowly defined as the idea that markets will quickly assimilate all public information about …