Kasia Klimasinska
Retired 20-somethings cloud Yellen’s crystal ball on job market
WASHINGTON - How come more people are retiring in their early 20s? Why are middle-age men becoming stay-at-home dads? What’s keeping women out of...
Fed’s Rosengren says search for yield is a risk of low...
WASHINGTON - Faster growth in some commercial real-estate markets underscores the risk of creating imbalances in the U.S. economy the longer the Federal Reserve...
Budget deficit in U.S. narrows to smallest since 2007, CBO says
WASHINGTON - The U.S. budget deficit will narrow less than forecast this year even as it falls to the lowest level since 2007 as...
Cost of raising child in U.S. climbs at slowest pace since...
WASHINGTON – The cost for a middle-income family to raise a child born last year to age 18 is $245,340, a 1.8 percent increase...
Medicare’s financial condition improves on reduced health costs
WASHINGTON – The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030,...
Federal debt to reach 106% of U.S. economy in 2039, CBO...
WASHINGTON – The U.S. debt held by the public is expected to rise to 106 percent of the economy in 2039 from 74 percent...
Cross-border outflow of capital hits highest since 2009
WASHINGTON – A measure of capital flowing in and out of the U.S. showed the biggest net selling since February 2009 as the Federal...
U.S. deficit to fall to $514 billion in 2014, budget agency...
WASHINGTON – The U.S. will post the narrowest budget deficit this year as a share of the economy since 2007 as stronger growth helps...
U.S. posts record December surplus on Fannie Mae payments
WASHINGTON – The U.S. posted a record December budget surplus as higher payroll taxes, payments from Fannie Mae and Freddie Mac, and a declining...
Lew sees no alternative to Congress raising debt limit
WASHINGTON – U.S. Treasury Secretary Jacob J. Lew urged Congress to raise the debt limit well in advance of a February deadline, calling an...
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