Federal Reserve

5 Most Important Things in Business Today

According to a report by The Wall Street Journal, Wal-Mart Stores Inc. (NYSE: WMT) may cut a deal with luxury retailer Lord & Taylor to add its e-commerce website to ...
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How Wholesale and Retail Inflation Disparity May Pressure the Fed

When most people think of inflation they might get tricked into thinking that the prices of goods and services all rise across the board. The reality is that inflationary is ...
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FOMC Minutes Signal Only Slow Balance Sheet Wind Down With Slow Rate Hike Plans

The U.S. Federal Reserve has released the minutes of the September 2017 FOMC meeting, and the investing community and economic watchers should take the notion that the current members are ...
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National Economic Growth Slowed in August

The regional branches of the Federal Reserve release regional economic data, but some of the regional banks issue national economic reports. It is those national economic reports that usually stand ...
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Frequent Overdrafters Hold 9% of All Accounts, Pay 79% of Overdraft Fees

Frequent overdrafters at banks account for 9% of all accounts but paid 79% of all overdraft and not sufficient fund (NSF) fees, according to a report from the U.S. Consumer ...
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6 Most Important Things in Business Today

Tech company Hewlett Packard Enterprise Co. (NYSE: HPE) will cut as much as 10% of its workforce, according to The Wall Street Journal. Facebook Inc. (NASDAQ: FB) will turn over ...
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Forget the Fed Rate Hikes — It’s All About Shrinking the $4.5 Trillion Balance Sheet

Forget about being too nervous about the Federal Reserve hiking interest rates. In the September FOMC meeting, Janet Yellen and the FOMC have indicated that most Fed governors are expecting ...
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How Investors and Economists Should View the Fed’s $4.5 Trillion Balance Sheet Reduction

Wednesday, September 20, 2017, will mark the Federal Reserve's September Federal Open Market Committee (FOMC) meeting announcement. The announcement also will include forecasts by the Federal Reserve, and more importantly it should ...
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6 Most Important Things in Business Today

Hurricane Irma barreled toward the Florida coast. A direct hit on the state would cause tens of billions of dollars in damages and affect businesses from cruise ships to orange ...
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July Beige Book Has Good News on Consumer Spending, Worries About Auto Industry

U.S. economic activity expanded in July in all 12 Federal Reserve districts according to the latest version of the Beige Book released Wednesday afternoon. Overall, economic growth was described as ...
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Dallas Fed Survey Shows Inflation Move

The Federal Reserve Bank of Dallas issued its August edition of the Texas Manufacturing Outlook survey and the most closely watched result, the general activity metric, rose more than expected ...
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6 Most Important Things in Business Today

Uber picked Expedia Inc. (NASDAQ: EXPE) CEO Dara Khosrowshahi to run the huge ride-sharing service. The company's previous CEO, Travis Kalanick, stepped down as a battle on the board and ...
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Yellen Boosts Financial Reforms, Stays Mum on Monetary Policy

Federal Reserve Chair Janet Yellen said this morning in her remarks from the Fed conference in Jackson, Wyoming, that the core reforms put in place following the financial crisis "have ...
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Chicago Fed Slips in July

The Federal Reserve Bank of Chicago is of course a regional Fed branch, but the institution releases a national economic reading called the Chicago Fed National Activity Index (CFNAI). After ...
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No, You Can’t Have a Personal Account at the Federal Reserve Bank

While the ways of the U.S. Federal Reserve Bank may be shrouded in arcane details about interest rates, inflation and monetary policy, one thing is absolutely clear: individuals cannot establish ...
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