Items by By BINYAMIN APPELBAUM
NYT > Business
-
News Analysis: A Greek Exit? Euro Zone May Be Ready
Posted: May 17th, 2012, 10:43pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
NYT > Home Page
-
News Analysis: A Greek Exit? Euro Zone May Be Ready
Posted: May 17th, 2012, 10:43pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
NYT > Business
-
Joe Weisenthal vs. the 24-Hour News Cycle
Posted: May 10th, 2012, 4:32pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
One man’s ruthless, relentless pursuit of market minutiae.
-
Aiming for Clarity, Fed Falls Short in Some Eyes
Posted: April 22nd, 2012, 7:55pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Despite efforts at increasing transparency, the Federal Reserve’s pronouncements remain a catalyst for debate and confusion among investors and experts.
NYT > Home Page
-
Aiming for Clarity, Fed Falls Short in Some Eyes
Posted: April 22nd, 2012, 6:42pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Despite efforts at increasing transparency, the Federal Reserve’s pronouncements remain a catalyst for debate and confusion among investors and experts.
NYT > Business
-
Few Signs of Further Fed Action in Latest Minutes
Posted: April 3rd, 2012, 2:13pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The members of the Federal Reserve’s policy-making committee barely discussed the possibility of a fourth round of asset purchases during their most recent meeting in mid-March.
-
Where Housing Once Boomed, Recovery Lags
Posted: April 3rd, 2012, 1:42pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The official statistics say that the national economy has been growing for almost three years, but there is scant evidence of renewed prosperity in places like Prince George’s County, Md.
-
Economix Blog: Are the Good Times Never Coming Back?
Posted: March 22nd, 2012, 4:19pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
A paper by two economists adds to the school of thought that the years before the most recent recession were abnormally good, precluding a complete recovery.
-
Bernanke the Professor Debunks the Gold Standard
Posted: March 20th, 2012, 9:20pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve’s chairman lectured students at George Washington about why returning to the gold standard would be a mistake.
NYT > Home Page
-
Gas Prices Matter to Voters, but They Matter Little to Votes
Posted: March 17th, 2012, 10:13am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
There is not much evidence that gas prices deserve an outsize reputation for holding economic and political influence.
NYT > Business
-
Gas Prices Matter to Voters, but They Matter Little to Votes
Posted: March 17th, 2012, 2:43am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
There is not much evidence that gas prices deserve an outsize reputation for holding economic and political influence.
-
Fed Sees Slightly Improving Economy
Posted: March 14th, 2012, 3:36pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve acknowledged the improving job market and increased spending, but said that rising oil prices would result in a temporary increase in inflation.
-
As Fed Meeting Nears, It Awaits Clearer Economic Signals
Posted: March 12th, 2012, 1:48am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Public remarks by Fed officials suggest a decision on whether to continue efforts to stoke the economy will not come before the policy committee’s next meeting in April.
-
Era of Low-Cost Borrowing Benefits U.S. Government
Posted: February 28th, 2012, 2:09pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
A combination of forces has pushed the cost of borrowing so low that many investors effectively are paying to lend money to the government.
-
Tax Break for Manufacturers Offset Elsewhere
Posted: February 23rd, 2012, 1:13am EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Obama administration’s proposal to extend tax breaks to manufacturers would result in other companies losing some lucrative tax benefits.
-
Federal Reserve Unlikely to Buy More Assets
Posted: February 16th, 2012, 12:50am EST by By BINYAMIN APPELBAUM
Tags: [edit]
Minutes of the Jan. 24-25 meeting of the policy group show that the central bank continued to predict only modest economic growth this year.
-
Economix Blog: #FedValentines
Posted: February 10th, 2012, 2:09pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
For once, it would appear that the rest of the world can't resist the lure of economics: The topic is among the most popular subjects of conversation on Twitter right now.
-
Bernanke Defends Fed’s Dual Objectives
Posted: February 8th, 2012, 12:30am EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve chairman told senators at a hearing that controlling inflation and unemployment are of equal priority.
-
Corporate Tax Break on Equipment May Have Silver Lining
Posted: February 4th, 2012, 1:10am EST by By BINYAMIN APPELBAUM
Tags: [edit]
A tax break added billions to the federal government’s current deficit, but the government says it should recoup 80 percent of the shortfall in the future.
NYT > Home Page
-
Bernanke Takes Heat From Republicans
Posted: February 2nd, 2012, 3:23pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
In testimony before a Congressional committee, Ben S. Bernanke defended the Federal Reserve against Republican accusations that its policies could allow higher inflation.
NYT > Business
-
Fed Chief Takes Heat From Republicans
Posted: February 2nd, 2012, 1:10pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
In testimony before a Congressional committee, Ben S. Bernanke defended the Federal Reserve against Republican accusations that its policies could allow higher inflation.
-
Economix Blog: How the Fed Presidents' Assets Stack Up
Posted: February 1st, 2012, 12:07pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve, in its latest show of transparency, has released the financial disclosures filed by the 12 presidents of its regional banks for 2010. Their assets range from modest to many millions.
-
Fed to Maintain Rates Near Zero Through Late 2014
Posted: January 26th, 2012, 5:57am EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve said it was not likely to raise interest rates until the end of 2014, adding 18 months to the expected duration of its response to the slump.
NYT > Home Page
-
Fed to Maintain Rates Near Zero Through Late 2014
Posted: January 26th, 2012, 5:57am EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve said it was not likely to raise interest rates until the end of 2014, adding 18 months to the expected duration of its response to the slump.
NYT > Business
-
Economix Blog: Behind Closed Doors at the Fed
Posted: January 25th, 2012, 11:39am EST by By BINYAMIN APPELBAUM
Tags: [edit]
What happens when the Federal Open Market Committee meets every six weeks to make policy decisions for the Federal Reserve.
NYT > Home Page
-
Obama Mortgage Plan Would Broaden Government-Backed Loans
Posted: January 25th, 2012, 2:18am EST by By BINYAMIN APPELBAUM
Tags: [edit]
The White House plans to propose legislation that could allow a few million homeowners to reduce mortgage payments by refinancing with government-backed loans.
NYT > Business
-
Fed Set to Introduce Communications Policies This Week
Posted: January 23rd, 2012, 12:25am EST by By BINYAMIN APPELBAUM
Tags: [edit]
Communications changes that the Fed plans to introduce this week include sharing officials’ predictions about the level at which they intend to set short-term rates over the next three years.
-
Fed Returns $77 Billion in Profits to Treasury
Posted: January 11th, 2012, 1:03am EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve said it transferred $76.9 billion in profits to the Treasury Department last year, slightly less than its 2010 transfer but much more than in any other previous year.
NYT > Home Page
-
The Next War: A Hidden Cost of Military Cuts Could Be Invention and Its Industries
Posted: January 7th, 2012, 6:04am EST by By BINYAMIN APPELBAUM
Tags: [edit]
As the Pentagon confronts the prospect of cutting its budget about 10 percent over the next decade, some are warning that the potential impact on scientific innovation is being overlooked.
NYT > Business
-
Obama to Nominate Economics Professor and Ex-Treasury Official to Fed Board
Posted: December 27th, 2011, 2:10pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
President Obama will nominate a Harvard economist, Jeremy C. Stein, and a former private equity executive, Jerome H. Powell, to the Federal Reserve board of governors.
NYT > Home Page
-
Obama to Nominate Economics Professor and Ex-Treasury Official to Fed Board
Posted: December 27th, 2011, 2:10pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
The president will nominate a Harvard economics professor, Jeremy Stein, and a former private equity executive, Jerome Powell, to the Fed board of governors, the White House said.
NYT > Business
-
Fed Takes No Action, Citing Signs of Moderate Growth
Posted: December 13th, 2011, 10:58pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve said that it would take no new steps to boost economic growth this year, citing mounting evidence that the American economy is chugging slowly toward good health.
-
Economix Blog: Fed Lashes Out at 'Errors' in Reporting
Posted: December 6th, 2011, 6:29pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve attacked Bloomberg News on Tuesday, saying in a letter to Congress that stories about its bailout programs “have contained a variety of egregious errors and mistakes.”
-
Economix Blog: Fed Lashes Out at 'Errors' in Reporting
Posted: December 6th, 2011, 6:29pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
The Federal Reserve attacked Bloomberg News on Tuesday, saying in a letter to Congress that stories about its bailout programs “have contained a variety of egregious errors and mistakes.”
-
Economix Blog: Will Bernanke Take Aim at G.D.P.?
Posted: November 2nd, 2011, 7:30am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
At the chairman’s news conference after a Fed policy report today, the idea of setting targets for growth — not just inflation — is a likely topic.
-
Expansion of Mortgage Program Is Limited in Scope
Posted: October 25th, 2011, 1:40am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
A White House effort could reduce the monthly payments of up to one million homeowners, but analysts said it wouldn’t heal the housing market.
NYT > Home Page
-
Expansion of Mortgage Program Is Limited in Scope
Posted: October 25th, 2011, 1:40am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
A White House effort could reduce the monthly payments of up to one million homeowners, but analysts said it wouldn’t heal the housing market.
NYT > Business
-
On Economy, Raw Data Gets a Grain of Salt
Posted: August 17th, 2011, 7:39am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Politicians and investors are placing a great deal of weight on a crude and rough estimate of economic growth that has never been particularly reliable.
NYT > Home Page
-
On Economy, Raw Data Gets a Grain of Salt
Posted: August 17th, 2011, 7:39am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Politicians and investors are placing a great deal of weight on a crude and rough estimate of economic growth that has never been particularly reliable.
NYT > Business
-
Treasury to Weigh Which Bills to Pay
Posted: July 27th, 2011, 9:59pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The Treasury Department is preparing to determine who is left empty-handed if the debt debate in Washington stops the government from borrowing more money.
-
U.S. May Have Way to Cover Bills After Deadline, for Week
Posted: July 27th, 2011, 12:13am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Tax payments and Treasury Department maneuvering will probably create time for Congress to raise the debt ceiling.
NYT > Home Page
-
U.S. May Have Way to Cover Bills After Deadline, for Week
Posted: July 27th, 2011, 12:13am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Tax payments and Treasury Department maneuvering will probably create time for Congress to raise the debt ceiling.
NYT > Business
-
Politicians Can’t Agree on Debt? Well, Neither Can Economists
Posted: July 18th, 2011, 1:50am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Lawmakers who think they can solve the dispute over reducing debt by asking economists are out of luck. Economists can’t agree, either.
-
Former Ohio Attorney General to Head New Consumer Agency
Posted: July 18th, 2011, 12:53am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
In picking Richard Cordray, President Obama passed over Elizabeth Warren, who drew strong opposition from Republicans.
-
Bernanke Says Fed Would Consider New Stimulus
Posted: July 14th, 2011, 12:01am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Ben S. Bernanke said that the Federal Reserve was reconsidering its decision to refrain from new measures.
-
President to Nominate Vice Chairman of F.D.I.C. to Lead It
Posted: June 11th, 2011, 12:30am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Martin J. Gruenberg, unlike some other Obama nominees for regulatory positions, is expected to have a good chance of overcoming Republican opposition.
-
Economix: Hour by Hour, a Measure of Economic Stress
Posted: June 8th, 2011, 4:12pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The decline in production workers' hours makes clear the depth of the economic downturn.
-
Uncertain Leadership Strains Financial Overhaul
Posted: May 13th, 2011, 2:48am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
As temporary leaders overhaul regulations, concerns are rising about their vulnerability to political pressure.
NYT > Home Page
-
Uncertain Leadership Strains Financial Overhaul
Posted: May 13th, 2011, 2:48am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
As temporary leaders overhaul regulations, concerns are rising about their vulnerability to political pressure.
NYT > Business
-
Economix: Insights on Stimulus From the Mafia
Posted: May 12th, 2011, 9:00am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
A study in Italy shows the effect on the local economy when public spending is frozen in response to public corruption.
-
Debt Ceiling Has Some Give, Until Roof Falls In
Posted: May 5th, 2011, 1:24pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Short-term measures may let the government keep paying its bills as late as Aug. 2, but the eventual cost could be vast and the damage difficult to reverse.
NYT > Home Page
-
Debt Ceiling Has Some Give, Until Roof Falls In
Posted: May 5th, 2011, 1:24pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Short-term measures may let the government keep paying its bills as late as Aug. 2, but the eventual cost could be vast and the damage difficult to reverse.
NYT > Business
-
Economix: Do You Have a Question for Mr. Bernanke?
Posted: April 26th, 2011, 4:30pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The Fed will break a tradition on Wednesday and hold a news conference after the regular meeting of the policy-making committee. What question would you ask the Fed chairman?
-
Economix: Better Chance of Parole Early in a Day
Posted: April 14th, 2011, 10:40am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Prisoners have a better chance of getting a break from judges who aren't fatigued, a study finds, suggesting that successive decisions deplete limited mental facility.
-
China Policy Main Topic for the G-20
Posted: April 14th, 2011, 1:16am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The United States and its allies want other developing nations to ask China to alter its economic policies.
-
Budget Cuts Raise Doubt on Course of Recovery
Posted: April 12th, 2011, 1:05am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Some economists predict the budget reductions could slow the nation’s recovery, but others disagree.
-
Lobby Battle Over Loans for Lawsuits
Posted: March 10th, 2011, 1:12am EST by By BINYAMIN APPELBAUM
Tags: [edit]
A legislative effort by companies providing the loans has been met with vigorous opposition from insurance companies and chambers of commerce.
NYT > Health
-
As U.S. Agencies Put More Value on a Life, Businesses Fret
Posted: February 17th, 2011, 12:43pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
Agencies that calculate the worth of a life have been raising the number, which affects how much the government should spend to prevent a single death.
NYT > Business
-
Lawsuit Loans Add New Risk for the Injured
Posted: January 17th, 2011, 12:50am EST by By BINYAMIN APPELBAUM
Tags: [edit]
Lending to plaintiffs is usually unregulated, leaving the industry free to ignore laws that protect borrowers.
NYT > Health
-
Lawsuit Loans Add New Risk for the Injured
Posted: January 16th, 2011, 11:40pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
Lending to plaintiffs is usually unregulated, leaving the industry free to ignore laws that protect borrowers.
NYT > Home Page
-
Lawsuit Loans Add New Risk for the Injured
Posted: January 16th, 2011, 11:40pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
Lending to plaintiffs is usually unregulated, leaving the industry free to ignore laws that protect borrowers.
NYT > Business
-
G.O.P. Asks Businesses Which Rules to Rewrite
Posted: January 4th, 2011, 10:00pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
In a letter, 150 businesses, trade groups and research organizations were asked to say which federal regulations they would want fixed.
-
Taking Sides in a Divorce, Chasing Profit
Posted: December 5th, 2010, 2:40am EST by By BINYAMIN APPELBAUM
Tags: [edit]
A small number of companies are seeing profit in the often contentious and emotional process of ending a marriage.
-
Nominee to Oversee Fannie and Freddie Is Named
Posted: November 12th, 2010, 7:20pm EST by By BINYAMIN APPELBAUM
Tags: [edit]
President Obama will nominate North Carolina’s chief banking regulator, Joseph A. Smith Jr., to run the federal agency that regulates and controls the mortgage giants.
-
Dividends From Fannie and Freddie Surpass Aid
Posted: November 5th, 2010, 11:10pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The two mortgage finance companies are still losing money, but their need for federal aid has tapered off.
-
Fannie and Freddie May Need Infusion
Posted: October 21st, 2010, 2:00pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Taxpayers could be on the hook for tens of billions in further support, depending on how the housing market fares, regulators say.
-
News Analysis: A Foreclosure Tightrope for Democrats
Posted: October 11th, 2010, 9:01pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The outcry over foreclosures has thrust the Obama administration back into the position of sheltering the banking industry from the demands of public anger.
-
Autopsy of Fannie Mae and Freddie Mac
Posted: August 26th, 2010, 6:14pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Fannie and Freddie did not cause the housing bubble, according to a new report issued by their overseer, the Federal Housing Finance Agency.
-
U.S. Judges Sound Off on Bank Settlements
Posted: August 24th, 2010, 12:50am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Lately, some judges have departed from quietly rubber-stamping government settlements with troubled banks.
NYT > Home Page
-
U.S. Judges Sound Off on Bank Settlements
Posted: August 24th, 2010, 12:50am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Lately, some judges have departed from quietly rubber-stamping government settlements with trouble banks.
NYT > Business
-
Geithner Affirms U.S. Role as Mortgage Backer
Posted: August 17th, 2010, 11:00pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The Treasury secretary said continued government support was important “to make sure that Americans can borrow at reasonable interest rates to buy a house even in a downturn.”
-
Fed Holds Mortgage Securities and a Dilemma
Posted: July 23rd, 2010, 1:50am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Keeping the securities could cost the central bank money and make it harder to fight inflation, while selling them could drain money from the economy.
-
With Financial Overhaul Near, Lobbyists Focus on Regulators
Posted: June 27th, 2010, 12:32am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Partisans on both sides will get a second chance to influence the outcome as agencies fill in the blanks in lawmakers’ vague financial legislation.
-
Cost of Fannie And Freddie Keeps Rising
Posted: June 20th, 2010, 3:59am EDT by By BINYAMIN APPELBAUM
Tags: [edit]
Now two of the country’s biggest landlords, the mortgage finance companies may wind up costing more than the banking industry rescue.
-
News Analysis: A Move to Better Police the Same Financial System
Posted: May 23rd, 2010, 9:50pm EDT by By BINYAMIN APPELBAUM
Tags: [edit]
The approach embraced by President Obama reflected the judgments that the financial system was sound, and that the problem was a lack of government.