It is the sixth straight month of decline. The National Association of Realtors (NAR) reported that pending home sales fell 4 percent in November from the prior month.…
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Restructure of Federal Reserve Proposed
Legislators recommend reducing the number of regional banks. Outgoing Senator Pat Toomey penned a legislative proposition to reshape the Federal Reserve’s regional banks and nomination process. Supported by…
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Federal Reserve Continues to Increase Interest Rates
Half a percent hike is the seventh this year. On Wednesday, the Federal Reserve again increased interest rates, by half a percentage point instead of the three-quarter percentage…
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U.S. Inflation Slowed in November
Dropped more than half a percent from October. The Consumer Price Index released this week shows inflation slowed in November, providing hope that interest rates and prices may…
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November Job Growth Higher Than Expected
Unemployment remains at 3.7 percent. The Bureau of Labor Statistics released figures on Friday that show the economy gaining 263,000 jobs in November, which is higher than economists…
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Inter-Agency Working Group Presents Progress Report
Rules and enhancements proposed to strengthen Treasury market. The Inter-Agency Working Group on Treasury Market Surveillance (IAWG) issued its staff progress report this month, outlining ways they have moved…
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Inflation Outpaces Wage Increases
Dallas federal reserve bank and labor data shows disparity. Purchasing power in the U.S. is experiencing further shrinkage despite higher wages. The Federal Reserve Bank of Dallas has…
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AFL-CIO President Responds to Federal Interest Rate Increases
AFL-CIO President Shuler says domestic action overlooks international problems President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) Liz Shuler issued a statement calling…
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Federal Reserve Increases Rate Again
An additional 0.75 percent marks the fourth straight increase. The Federal Reserve raised interest rates Wednesday by 75 basis points for the fourth straight meeting while hinting at…
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Appeals Court Rules CFPB’s Funding Methods Unconstitutional
Decision is in opposition to previous rulings made by other courts. The Consumer Financial Protection Bureau (CFPB) is an independent federal agency that supervises banks and addresses complaints…
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