Morning Rant: ‘What ARE [U.S. Economists] Looking At?’
Economists and policymakers, brace yourselves: the eye of the storm has passed and the headwinds are now gathering for another brutal battering by investors, politicians and the broader public.
Categories: Real Time Economy Tags: eye, headwinds
Young Adults: Recession Won’t Cause Lasting Damage
More young people don't expect the recession to have a lasting effect on their careers, a new survey shows.
Categories: Real Time Economy Tags: new survey, recession
Fed to Release Details on New Swap Lines Starting Thursday
The U.S. Federal Reserve soon plans to reveal just how much the European Central Bank is using a new currency swap line that was revived to keep Europe's debt woes from spreading.
Categories: Real Time Economy Tags: debt woes, Europe, Reserve, U.S. Federal
Dodd Lauds Fed for Swaps Disclosure
Sen. Christopher Dodd (D., Conn.) praised the Federal Reserve for its forthcoming steps to boost disclosure of its emergency dollar-lending program with foreign central banks.
Categories: Real Time Economy Tags: Christopher Dodd, Conn., Federal, Sen. Christopher Dodd
Arizona Economy Sees Effects of Immigration Law
Arizona's contentious immigration law could cost the city of Phoenix $90 million in convention and hotel business over the next five years, according to estimates from the city.
Categories: Real Time Economy Tags: Arizona, City, city of phoenix, Phoenix
Executives Plan Moderate Spending
Companies are easing into spending again as they settle into a modest economic recovery, a new survey shows.
Categories: Real Time Economy Tags: economic recovery, spending
Optimism Rises Among Small Business Owners
Small-business owners turned more optimistic in April as sales expectations picked up. Even with the gain, the low level of the index suggests "pessimism persists," the National Federation of Independent Business said.
Categories: Real Time Economy Tags: national federation of independent business, small-business
Secondary Sources: EU Austerity, Sovereign Spreads, Inflation
A roundup of economic news from around the Web.
Categories: Real Time Economy Tags: economic news, roundup
From Fashionista to Frugalista: The Next Generation of Female Spenders
In case the disappointing release of last year?s ?Confessions of a Shopaholic? didn?t make it clear, young women aren?t exactly in a spendthrift state of mind these days. A new survey suggests that frugality may prove lasting.
Categories: Real Time Economy Tags: Case, confessions of a shopaholic
Catching Up With the Philadelphia Fed’s Charles Plosser
We caught up with Charles Plosser, president of the Federal Reserve Bank of Philadelphia, to talk about the Fed?s decision this weekend to restart an overseas lending program and other issues.
Categories: Real Time Economy Tags: Charles Plosser, federal reserve bank of philadelphia, President