Vote on Biden Fed picks delayed as GOP presses for answers on Raskin’s ties to firm
A Republican boycott Tuesday held up a Senate committee vote on the appointment of a top banking regulator and Federal Reserve Chairman Jerome Powell.
January home sales jump 6.7% despite a record low supply
Sales of existing homes jumped far more than expected, even as supply hit another record low and prices rose significantly.
Fed’s Bullard says inflation ‘could get out of control,’ so action is needed now
St. Louis Fed President James Bullard cautioned that without action on interest rates, inflation could become an even more serious problem.
Homebuilders’ confidence falls as they wait months for cabinets, garage doors and appliances
Production delays for homebuilders are increasing costs and pricing out buyers. All that is weighing on builder sentiment.
The Fed is going to hike rates regardless if Biden’s nominees are confirmed, economists say
While there are reasons to confirm Biden's Fed nominees, economists say concern that the central bank won't act to rein in inflation shouldn't be among...
Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies
Fed officials won't be able to trade stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday.
Jobless claims total 232,000, slightly less than expected; Q4 GDP revised up to 7%
Weekly jobless claims came in slightly less than expected last week and economic growth to end 2021 was slightly better than originally reported.