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WEATHER ALERT

8 advisories in effect for 8 regions in the area

PAUL VOLCKER


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14 hours ago

Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

Read full article: Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell.

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Jimmy Carter: Many evolutions for a centenarian ‘citizen of the world’

Read full article: Jimmy Carter: Many evolutions for a centenarian ‘citizen of the world’

The 39th and longest-lived U.S. president, James Earl Carter Jr., died Sunday at the age of 100.

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Powell: Higher rates won't likely cause deep US recession

Read full article: Powell: Higher rates won't likely cause deep US recession

The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment.

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Climate change alters life at Fed's Jackson Hole conference

Read full article: Climate change alters life at Fed's Jackson Hole conference

When officials of the Federal Reserve Bank of Kansas City sought a location for an annual economic symposium in 1981, they chose Jackson Hole, Wyoming, for a simple reason: It had fly-fishing.

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Fed's Powell facing rising criticism for inflation missteps

Read full article: Fed's Powell facing rising criticism for inflation missteps

Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession.

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Worry about stagflation, a flashback to '70s, begins to grow

Read full article: Worry about stagflation, a flashback to '70s, begins to grow

Stagflation.

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Fed's Powell: Russia's war on Ukraine will worsen inflation

Read full article: Fed's Powell: Russia's war on Ukraine will worsen inflation

Federal Reserve Chair Jerome Powell warned that Russia’s invasion of Ukraine, which has already driven up oil prices, will likely further magnify the high inflation that has engulfed the U.S. economy.

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Jimmy Carter, trounced in 1980, gets fresh look from history

Read full article: Jimmy Carter, trounced in 1980, gets fresh look from history

Jimmy Carter is sometimes called a better former president than he was president.

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Powell's high-stakes bet: More jobs but only mild inflation

Read full article: Powell's high-stakes bet: More jobs but only mild inflation

With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.

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