Stories by Martin Crutsinger

Thursday, June 18, 2015

Woman to go on $10 bill

WASHINGTON - Alexander Hamilton, who has been featured on the $10 bill since 1929, is making way for a woman.
By Martin Crutsinger

Wednesday, June 17, 2015

Fed wants further gains before rate increase

WASHINGTON - The Federal Reserve took note Wednesday of a strengthening U.S. economy and appears on track to raise interest rates this year for the first time in nearly a decade.
By Martin Crutsinger

Tuesday, June 16, 2015

Fed will likely signal a rate hike

WASHINGTON - With evidence that the U.S. economy is rebounding from a winter slump, the Federal Reserve will likely signal this week that an interest rate increase is coming - just not quite yet.
By Martin Crutsinger

Wednesday, June 3, 2015

US trade deficit drops sharply in April

The U.S. trade deficit declined sharply in April as exports posted a modest gain and imports fell, raising hopes that trade's drag on economic growth will ease in the current quarter.
By Martin Crutsinger

Federal Reserve reports moderate economic growth

WASHINGTON - The U.S. economy was growing at a moderate pace in most regions of the country in April and May as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said ...
By Martin Crutsinger

Friday, May 29, 2015

Economy shrank in winter but staging spring rebound

WASHINGTON - The U.S. economy shrank at a 0.7 percent annual rate in the first three months of the year, depressed by a severe winter and a widening trade deficit.
By Martin Crutsinger

Wednesday, May 6, 2015

Yellen says bank regulators making progress in reforms

WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday that the Fed and other banking regulators have made significant progress in correcting flaws in the financial system.
By Martin Crutsinger

Tuesday, May 5, 2015

Trade deficit swells to 6-year high of $51.4 billion

WASHINGTON - The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first ...
By Martin Crutsinger

Friday, May 1, 2015

US construction spending drops 0.6 percent in March

US construction down 0.6 percent in March on fewer home building and government projects.
By Martin Crutsinger

Thursday, April 30, 2015

Spring awakening: US consumer spending rose in March

US consumer spending posts strongest gain in 4 months, while incomes flat.
By Martin Crutsinger

Wednesday, April 29, 2015

US economy ekes out 0.2 percent growth rate in first quarter

WASHINGTON — The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
By Martin Crutsinger

Monday, April 27, 2015

With economy uncertain, no Fed rate hike is seen before fall

With US economy still uncertain, a Fed rate increase seems unlikely before fall at earliest.
By Martin Crutsinger

Wednesday, April 15, 2015

Fed survey finds US economy growing at moderate pace

Federal Reserve survey finds moderate growth with strong dollar hurting some industries.
By Martin Crutsinger

Wednesday, April 8, 2015

Fed officials split on timing of rate increase

Fed officials disagreed widely when they met last month on when they would be ready to lift interest rates from record lows.
By Martin Crutsinger

Monday, March 30, 2015

Former Fed chairman starting 'Ben Bernanke's Blog'

Former Fed chairman Ben Bernanke starting new career in private life as blogger on economics.
By Martin Crutsinger

Friday, March 27, 2015

US economic growth rate unrevised at 2.2 percent in Q4

U.S. economic growth slowed in the fourth quarter, and economists are looking for an even weaker showing in the first quarter as severe winter weather takes its toll. But the retreat is expected ...
By Martin Crutsinger

Thursday, March 19, 2015

Gauge of US economy up modest 0.2 percent in February

WASHINGTON — An index designed to predict the future health of the economy rose by a modest amount for a second straight month, indicating the economy’s momentum may have slowed.
By Martin Crutsinger

Wednesday, March 18, 2015

Fed opens door to rate increase

WASHINGTON - The Federal Reserve signaled Wednesday that it needs to see further improvement in the job market and higher inflation before it raises interest rates from record lows.
By Martin Crutsinger

Wednesday, March 4, 2015

Fed survey finds US economy growing at moderate pace

WASHINGTON — The U.S. economy was growing at a moderate pace through mid-February despite severe winter storms that had disrupted activity in some regions, the Federal Reserve reported Wednesday.
By Martin Crutsinger

Monday, March 2, 2015

US construction spending down 1.1 percent in January

WASHINGTON — U.S. construction spending fell in January, reflecting weakness in spending on office buildings and other nonresidential projects and in government activity.
By Martin Crutsinger
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