News and Articles About Federal Reserve
The fall in new company starts does not necessarily mean that the American economy is less dynamic than it used to be, or that Americans are opening up new establishments at a lower rate than they did in the late 1970s.
Customers tend to stay home in extreme weather conditions like the U.S. is now facing. But data show they are more likely to come back during cold snaps like this one.
President Obama nominated Janet Yellen, who currently serves as vice chair of the Federal Reserve, to serve as the central bank's next chairman.
The U.S. Federal Reserve says it will appeal an earlier decision from the U.S. District Court that challenged the swipe-fee regulations set by the central bank.
Lending to small businesses has dropped, but experts disagree on the reason.
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