Steve Matthews
Shrinking labor force may curb U.S. expansion for two decades
WASHINGTON - This is not your mother’s recovery.
Women and baby boomers entering the American work force after 1950 helped to supercharge expansions in 1975...
Bernanke says ‘uneven’ recovery needs accommodative policy
WASHINGTON - Federal Reserve Chairman Ben S. Bernanke said the central bank should maintain record monetary stimulus to boost an “uneven” and “frustratingly slow”...
Fed says banks eased lending terms, demand for loans rose
WASHINGTON - Banks eased lending terms in the first quarter as they forecast improvement in the U.S. economy and companies sought more loans, according...
Bernanke says Fed must monitor inflation ‘extremely closely’
WASHINGTON - Federal Reserve Chairman Ben S. Bernanke said policy makers must watch inflation “extremely closely” for evidence that rising commodity costs are having...
Small-business hiring gains momentum
NEW YORK - U.S. small businesses are starting to ramp up hiring 21 months after the end of the deepest recession since the 1930s,...
New Jersey population growth slows as taxes push some to flee
ATLANTA - New Jersey is among the slow-population-growth states in the U.S., and an analysis of economic data shows that it shares a trait...
Fed to cut jobs at district sites
The Federal Reserve’s district banks will cut 1,740 check-processing jobs over four years across the U.S. as consumers write fewer checks.
The largest single reduction...
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