Current Economics News Today
The Fed: Yellen reportedly tapped to be Fed vice chairman
President Barack Obama plans to nominate Janet Yellen as vice chairman of the Federal Reserve Board, The Wall Street Journal reported, citing people familiar with the matter.
Fri, 12 Mar 2010 14:44:00 GMT
Slowly, Americans are regaining their lost wealth
Americans are recovering their shrunken wealth - gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios.
Fri, 12 Mar 2010 14:42:20 GMT
U.S. trade deficit shrinks as auto and oil imports drop
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars.
Fri, 12 Mar 2010 14:41:45 GMT
"Fed Vacancies and the Monetary Challenge"
Having made the same points , I have no choice but to agree: Fed Vacancies and the Monetary Challenge, by Alan S. Blinder, Commentary, WSJ : ...Federal Reserve Vice Chairman Donald Kohn's recent announcement that he will retire in June will bring the Federal Reserve Board down to four members - unless the Obama administration gets some new members ...
Fri, 12 Mar 2010 14:41:41 GMT
Planning bigwig to weigh in on city's biz future
Downtown developers are bringing in the big guns. Well, one gun really. Local businesses chipped in $14,000 for international expert Kennedy Smith to tour the city, meet with local leaders and figure out how exactly to turn downtown Beverly into a vibrant, thriving hub.
Fri, 12 Mar 2010 14:30:55 GMT
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