The Fed Janet Yellen

  • Steve Schwarzman, co-founder, chairman and chief executive officer of Blackstone Group LP.

    Blackstone CEO Steve Schwartzman said he expected to see a "very substantial reversal of regulations of all types," after Trump's victory.

  • A worker at the Jabil Circuit facility in St. Petersburg, Florida.

    U.S. worker productivity rebounded sharply in the third quarter as initially estimated, marking its quickest pace of growth in two years, but the trend remained weak.

  • WASHINGTON— The productivity of American workers rose in the July-September quarter at the fastest pace in two years while labor costs slowed after a big jump in the spring. Productivity increased in the third quarter at a 3.1 percent rate, the Labor Department reported Tuesday. "Productivity growth had a good quarter but the trend still looks weak," said Jim...

  • The Fed 'getting back to normal': John Taylor

    John Taylor, Hoover Institution discusses the likelihood of a December rate hike and its impact on the markets and economy.

  • NEW YORK, Dec 5- New York Fed President William Dudley said on Monday there are benefits of having automatic fiscal rules for the U.S. Congress even though he has long resisted legislation that would impose similar policy rules on the country's central bank. Addressing the nonprofit Association for a Better New York, Dudley was asked by a member of the audience...

  • NEW YORK, Dec 5- The U.S. election of Donald Trump has created "considerable" uncertainty over the policies he will pursue so it is too soon for the Federal Reserve to judge whether its plan for gradual interest rate hikes needs adjusting, one of the most influential Fed policymakers said on Monday. In a speech that stepped well into fiscal policy, including a nod to...

  • NEW YORK, Dec 5- The U.S. election of Donald Trump has created "considerable" uncertainty over the policies he will pursue so it is too soon for the Federal Reserve to judge whether its plan for gradual interest rate hikes needs adjusting, one of the most influential Fed policymakers said on Monday. In a speech that stepped well into fiscal policy, including a...

  • Fed policy in the red zone

    Fed policy is now in the red zone, aka the “I told you so!” zone, says Robert Brusca.

  • WASHINGTON, Dec 2- The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month. U.S. nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on...

  • WASHINGTON, Dec 2- A drop in the U.S. unemployment rate last month to a 9- year low signals the risk of a collision between President-elect Donald Trump's plans to goose the economy and the Federal Reserve's efforts to tap the brakes with higher interest rates. Fresh economic projections, the first since the election, will also be issued and Fed Chair Janet Yellen...

  • WASHINGTON, Dec 2- U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday.

  • WASHINGTON, Dec 2- U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday.

  • WASHINGTON, Dec 2- U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month, the Labor Department said on Friday. The three-tenths of a percentage point...

  • WASHINGTON, Dec 2- U.S. employers likely boosted hiring in November amid growing confidence in the economy, making it almost certain that the Federal Reserve will raise interest rates later this month. The Labor Department will release its closely watched employment report on Friday at 8:30 a.m.. The Fed has the green light to raise interest rates this month,...

  • The Fed is expected to hike rates at its next policy meeting, weighing on gold, but the hikes are unlikely to beat inflation, said a fund manager.

  • WASHINGTON, Dec 1- Change at the Federal Reserve could come quickly with President-elect Donald Trump's team pledging to promptly fill high-level central bank jobs and roll out a tax and fiscal plan that could rewrite policymakers' core economic assumptions. Yellen's term as Fed chief expires in February 2018, and Trump is likely to name a successor in synch...

  • WASHINGTON— Long-term U.S. mortgage rates marked a fifth week of surges in the aftermath of Donald Trump's election win, reaching their highest levels this year. Mortgage giant Freddie Mac said Thursday the average rate on a 30- year fixed rate loan rose to 4.08 percent from 4.03 percent the previous week. The yield on the 10- year Treasury bond stood at 2.38...

  • CHICAGO, Dec 1- Emotion can drive investor behavior- and feelings are in overdrive following last month's election. Across the United States, the mood ranges from a state of mourning to euphoria, depending on one's political views. But retirement investors are not hitting the panic button in the wake of the Nov. 8 election.

  • Donald Trump's nominees for Treasury secretary, Steve Mnuchin (l), and for Commerce secretary, Wilbur Ross (r).

    Transcript of the exclusive CNBC interview of Steven Mnuchin and Wilbur Ross, Trump's picks for Treasury and Commerce secretaries.

  • WASHINGTON, Nov 30- President-elect Donald Trump's pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities as they seek a sustained pace of 3 percent to 4 percent economic growth. Trump announced the economic team nominations, along with that of Chicago Cubs co-owner Todd...