After weeks of stumbles, the administration got several pieces of good economic news, suggesting 2014 may be better for the …
(WASHINGTON) — Janet Yellen says a “strong majority” of Federal Reserve officials think the Fed’s low-interest-rate policies have supported a still-recovering U.S. economy.
Yellen says the U.S. economy would likely be weaker if the central bank had not acted aggressively.
She’s responding to questions from a Senate committee …
TIME economics writer Rana Foroohar explains the economic impact of a U.S. default if a deal isn’t reached in Congress.
From federal contractors to local actors, Washington-area residents are cutting back and trying to make the best of a bad situation
Robert Reich is best best known as Bill Clinton’s one-time labor secretary but before the economist joined Clinton’s cabinet he went on a date with a young Hillary Rodham. In this week’s 10 Questions, TIME’s Belinda Luscombe asks Reich about their movie date when the pair were undergrads at Dartmouth and Wellesley.
Reich also shares …
Over 46 million people were living in poverty in 2012, three years after the recession was declared over
U.S. President Barack Obama told George Stephanopoulos on on ABC’s This Week on Sunday that while he believes “the banking system works,” America isn’t “near where we need to be” in terms of an economic recovery.
President Barack Obama spoke broadly of his economic agenda at Knox College on Wednesday.
After decades of decline, the city of Detroit, once the cradle of the U.S. auto industry and middle-class urban prosperity, filed for bankruptcy on Thursday.
The Federal Trade Commission has launched a preliminary inquiry into whether Google is unfairly using its display ad market power to curb competition and push companies toward using its other products and services.
Tesla Motors has done right by U.S. taxpayers.
Here are four things you need to know as Apple CEO Tim Cook faces a Capitol Hill grilling today.
Here are four questions Lew needs to answer Tuesday on the state of America’s financial health.