Yellen to step down from Federal Reserve board
Janet Yellen on Monday submitted her resignation from the Federal Reserve board to US President Donald Trump, announcing that she will leave the board when her successor is sworn in as Fed chairman.
U.S. household debt hit record $13T last quarter
Household debt in the United States reached a record $13 trillion in the third quarter, and rose for the 13th consecutive quarter, officials said Tuesday..
Fed keeps rates unchanged, remains on road to December hike
The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while playing down the impact of recent hurricanes, a sign it is on track to lift borrowing costs again in December.
Meeting with economists and blue-collar workers, Fed Chair Janet Yellen talks of economic uncertainty
In a speech Tuesday marked by large doses of both statistics and humility, Federal Reserve Chairwoman Janet L. Yellen said that the economic outlook is highly uncertain, suggesting that the central bank will proceed slowly in raising interest rates and scaling back easy-money policies.
Feds Collect Record Taxes Through August; Still Run $673.7B Deficit
The federal government collected record total tax revenues through the first eleven months of fiscal 2017 (Oct. 1, 2016 through the end of August), according to the Monthly Treasury Statement.
AccuWeather predicts Hurricane Harvey to be the most costly natural disaster in US history
AccuWeather predicts Hurricane Harvey, which has wreaked havoc in Texas, to be the most costly natural disaster in United States history.
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