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Steve Matthews

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Tariffs prompt U.S. manufacturers to review plans: Fed survey

NEW YORK - America’s escalating trade dispute with China and other trading partners has prompted almost a fifth of United States businesses including about...

Republican tax plan emboldens stock bulls while economists fret

Economists or stock market analysts – whom are you going to believe?Whether you take the view that tax cuts will be a boon for...
RHODE ISLAND HAS RECOVERED from the 2008 recession in everything but real estate prices, according to Bloomberg News/ COURTESY BLOOMBERG NEWS.

Bloomberg report: R.I. recovers from recession everywhere but real estate

NEW YORK - As the U.S. economy enters its ninth year of expansion this month, many Americans feel the recovery has been incomplete -...

Don’t underestimate U.S. expansion: It’s headed to a record

NEW YORK - This United States expansion may be moving like a tortoise, but it’s on its way to win the race.Widely disdained for...
WITH UNEMPLOYMENT RATES SHRINKING, employers have begun hiring more workers with criminal records. / BLOOMBERG /LUKE SHARRETT

Stigma of criminal record fades as U.S. employers get desperate

NEW YORK - Shea Rochester, who once spent a month in jail on an assault charge that was later dropped, is now wanted in a...
JOB HOPPING leads to higher pay gains during strong U.S. economies, according to Bloomberg. / COURTESY BLOOMBERG

Fed turns to job hoppers as 1950s inflation guide shows its...

ATLANTA - Adrienne Heintz, an Atlanta marketing professional, has discovered a reliable way to earn higher wages, and Federal Reserve economists are taking note.The...
MINUTES OF the Federal Reserve’s November policy meeting are likely to confirm that officials were creeping closer to their first interest-rate increase in a year before the Nov. 8 election, and developments since have only served to bolster the case for a hike. Shown is Federal Reserve Chair Janet Yellen.
/ BLOOMBERG NEWS PHOTO/ANDREW HARRER

Fed minutes seen setting up December even before election

WASHINGTON - Minutes of the Federal Reserve’s November policy meeting are likely to confirm that officials were creeping closer to their first interest-rate increase...

Fading college dream saps U.S. economy of productivity miracle

ATLANTA - For decades, a growing pool of college graduates poured into the U.S. labor market, boosting productivity and shaping America’s status as the...
A GROWING NUMBER of Federal Reserve officials are indicating a desire to raise interest rates at the September meeting of the Federal Open Market Committee. Two local Fed presidents gave interviews Thursday in advance of Friday's address by Fed Chair Janet Yellen at the Kansas City Fed's annual Jackson Hole, Wyo., retreat. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed officials push hiking case before Yellen Jackson Hole speech

WASHINGTON - Two Federal Reserve officials argued the case for another interest rate increase in interviews on the eve of an eagerly awaited speech...

Fed’s Lockhart says FOMC should be patient after weakening jobs

Federal Reserve Bank of Atlanta President Dennis Lockhart said the central bank should wait until at least next month to consider raising interest rates...
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