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Federal Reserve Chairman Ben Bernanke told Congress last week that the central bank might start to cut back its main economic stimulus program later this year. The minutes of the Fed's most recent meeting showed that he's getting pushed by some of his...
NEW YORK — After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe. It all started in Asia. Weak manufacturing data out of China pointed to a slowdown in the world's second-largest economy,...
Tribune reporterMortgage rates moved up again this week and the average interest rate for a 30-year, fixed rate mortgage is now a quarter percentage point higher than it was three weeks ago. This week's average interest rate on that mortgage product was 3.59 percent,...
Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale....
WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...
Lehigh Valley home sales increased in April, as buyers continue to capitalize on low interest rates and prices that make monthly payments on a modest home comparable to renting. A total of 516 homes sold in Lehigh and Northampton counties in April, up 6....
South Bend TribuneSOUTH BEND -- The St. Joseph County Board of Finance members met today to vote on how to invest the county's savings, which averages between $100 million and $110 million. County Treasurer Mike Kruk said the adopted resolution brings county policy in...
It's a family feud Federal Reserve-style as Chicago Federal Reserve President Charles Evans and Dallas Federal Reserve President Richard Fisher argue in polite fashion about what the central bank has accomplished by tinkering with the economy. Evans...
NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...
Brazil: Whether it's a cultural experience or slum tourism, many tourists now add a trip to Rio de Janeiro's infamous favelas, or shantytowns, to their itineraries. Before 2010, the low-income hilltop neighborhoods were dangerous places controlled by drug...
By Melissa Harris and Gail MarksJarvisHow do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
Q. I have a lot of money in certificates of deposit. Over the past few years I've put some money in various bond funds that have done well. Interest rates are low, and my CDs are about to mature. I'm thinking of putting more money into my bond funds. Is...
May 25, 2013 |Story| Chicago Tribune
May 24, 2013 |Story| Los Angeles Times
May 23, 2013 |Story| Chicago Tribune
May 23, 2013 |Story| Chicago Tribune
May 23, 2013 |Story| Los Angeles Times
May 21, 2013 |Story| Allentown Morning Call
May 21, 2013 |Story| South Bend Tribune
May 21, 2013 |Story| Chicago Tribune
May 20, 2013 |Story| Los Angeles Times
May 19, 2013 |Story| Chicago Tribune
May 19, 2013 |Column| Chicago Tribune
May 19, 2013 |Column| Orlando Sentinel
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