Martin Crutsinger

U.S. economy shows resilience with 2nd straight solid quarter

October 27, 2017 at 10:28 p.m.

Powered by businesses and consumers, the U.S. economy grew at a solid 3 annual pace last quarter despite two devastating hurricanes 鈥� evidence of economic durability and all but assuring...

Trump to meet with Yellen to discuss Fed job, according to source

October 16, 2017 at 5:37 p.m.

Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank.

U.S. Federal Reserve Chair Janet Yellen ...

Yellen sounds upbeat on economy, signaling likely rate hike

October 15, 2017 at 7:53 p.m.

Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will...

Federal Reserve Chair Janet Yellen speaks ...

Fed likely to pare its bond portfolio even with economic outlook hazy

September 19, 2017 at 12:49 a.m.

When the Federal Reserve meets this week, it's sure to take account of the economic consequences of two devastating hurricanes.

Federal Reserve vice chairman to exit, opening another seat for Trump to fill

September 6, 2017 at 10:31 p.m.

Federal Reserve Vice Chairman Stanley Fischer will resign next month for personal reasons, leaving a fourth vacancy on the seven-member Fed governing board.

U.S. consumer credit up $18.4 billion in May, most in 6 months

July 10, 2017 at 11:39 p.m.

American consumers increased their borrowing in May at the fastest pace in six months, reflecting a sharp rebound in the category that includes credit cards.

Fed raises key rate and unveils plan to reduce bond holdings

June 14, 2017 at 3:56 p.m.

The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy.

Fed is set to raise rates this week despite political tumult

June 13, 2017 at 2:01 a.m.

The Washington political world is in disarray. Britain's election tumult has scrambled the outlook for Europe. And economies in the United States and abroad are plodding along at a pace...

Treasury Secretary Steven Mnuchin listens as President Donald Trump speaks during a Feb. 22 meeting on the federal budget at the White House.

Trump’s $4T budget arrives on Capitol Hill

May 23, 2017 at 9:34 a.m.

President Donald Trump on Tuesday sent Congress a $4.1 trillion spending plan that relies on faster economic growth and steep cuts to programs for the poor in a bid to...

Home construction continues at a brisk ...

US housing starts fell 2.6 percent in April

May 16, 2017 at 12:57 p.m.

WASHINGTON (AP) 鈥� Construction of new homes fell for a second straight month in April, pushing activity to the lowest point in five months.

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