Top News & Analysis Cleveland

  • The settlement was first reported Friday by WOIO-TV in Cleveland. Settlement documents filed in Cuyahoga County Probate Court detail missteps by the companies and a Cleveland police officer that led to Gasia's disabling injuries. An attorney for Cleveland Electric Illuminating and First Energy Service declined to comment Friday.

  • ST. LOUIS, Sept 28- Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between. "The low interest rate environment is not just a U.S. phenomenon, or simply a situation engineered by...

  • ST. LOUIS, Sept 28- Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between. "The low interest rate environment is not just a U.S. phenomenon, or simply a situation engineered by...

  • CLEVELAND, Sept 28- The U.S. Federal Reserve should not delay interest rate hikes given the progress the economy has made and risks getting "behind the curve," Cleveland Fed President Loretta Mester said on Wednesday. If we wait to every data point lines up, we surely will get behind the curve, "Mester said in response to reporters questions following an event in...

  • CLEVELAND, Sept 28- The U.S. Federal Reserve should take another step in removing monetary policy accommodation because not doing so risks overheating the economy which in turn could cause a recession, Cleveland Fed President Loretta Mester said on Wednesday. "If we continue to delay even as we make further progress on our inflation goal and labor markets...

  • ST. LOUIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Community Banking in the 21st Century Conference hosted by the Federal Reserve Bank of St. Louis- 1415 GMT. ST. LOUIS, United States- Federal Reserve Bank of Chicago President Charles Evans speaks before the Community Banking in the 21st Century...

  • COLUMBUS, Ohio— A new Ohio law is being viewed as a national model for eliminating zombies— zombie properties, that is. The legislation was passed in the General Assembly and was signed by Republican Gov. Cleveland- based blight opponent Robert Klein says a vacant property isn't a bottle of wine and "does not get better with age."

  • Treasury Secretary Jack Lew meets with Brazilian President Michel Temer and Finance Minister Henrique Meirelles WASHINGTON- Federal Reserve Vice Chair Stanley Fischer speaks on "Why Study Economics?" WEDNESDAY, SEPTEMBER 28 WASHINGTON- Federal Reserve Chair Janet Yellen gives semi-annual testimony on Federal Reserve supervision and regulation of the...

  • Treasury Secretary Jack Lew meets with Brazilian President Michel Temer and Finance Minister Henrique Meirelles WASHINGTON- Federal Reserve Vice Chair Stanley Fischer speaks on "Why Study Economics?" WEDNESDAY, SEPTEMBER 28 WASHINGTON- Federal Reserve Chair Janet Yellen gives semi-annual testimony on Federal Reserve supervision and regulation of the...

  • MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome remarks before the fourth "Ending Too Big to Fail" symposium- 1330 GMT. BRUSSELS- European Central Bank President...

  • MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome remarks before the fourth "Ending Too Big to Fail" symposium- 1330 GMT. BRUSSELS- European Central Bank President...

  • Secretary of State John Kerry and his counterparts from the European Union, United Kingdom, France, Germany and Italy meet at Tufts University to discuss a range of issues- 1545 GMT. MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal...

  • Secretary of State John Kerry and his counterparts from the European Union, United Kingdom, France, Germany and Italy meet at Tufts University to discuss a range of issues- 1545 GMT. MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal...

  • PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Patrick Harker, Cleveland Fed President Loretta Mester and Atlanta Fed President Dennis Lockhart participate in "Presidents' Perspectives: The Fed's Role in Our Communities" closing plenary before the "Reinventing Our Communities: Transforming Our Economies" conference hosted...

  • PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Patrick Harker, Cleveland Fed President Loretta Mester and Atlanta Fed President Dennis Lockhart participate in "Presidents' Perspectives: The Fed's Role in Our Communities" closing plenary before the "Reinventing Our Communities: Transforming Our Economies" conference hosted...

  • Secret Service patrol outside the White House in Washington, DC.

    A White House staffer's email appears to have been hacked, leaking documents from the First Lady and the Secret Service. NBC News reports.

  • WASHINGTON— Janet Yellen's Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal than others. The 7-3 vote reflected "no" votes from the presidents of three regional Fed banks— Esther George of Kansas City, Loretta Mester of Cleveland and Eric Rosengren of Boston.

  • LONDON- Bank of England's Monetary Policy Member Kristin Forbes will discuss why economics shocks can have global reach and the variety of factors involved- 1200 GMT. FRANKFURT- European Central Bank releases its economic bulletin- 0800 GMT. FRANKFURT- European Central Bank publishes the results of its second targeted long-term refinancing operation, a...

  • LONDON- Bank of England's Monetary Policy Member Kristin Forbes will discuss why economics shocks can have global reach and the variety of factors involved- 1200 GMT. FRANKFURT- European Central Bank releases its economic bulletin- 0800 GMT. FRANKFURT- European Central Bank publishes the results of its second targeted long-term refinancing operation, a...

  • WASHINGTON— The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end. For the first time in nearly two years and for the first time since Janet Yellen became Fed chair in February 2015, there were three dissents to the Fed's statement. The three officials are all presidents of regional Fed...