Editorial Results (free)
1.
Powell Signals More Hikes Ahead If US Economy Stays Strong -
Monday, August 27, 2018
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong.
2.
S&P 500, Nasdaq and Russell 2000 Close at Record Highs -
Monday, August 27, 2018
Wall Street ended a week of milestones with a few more Friday.
The benchmark S&P 500 index closed at an all-time high, just two days after the current bull market in U.S. stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also ended the day at all-time highs.
3.
Slide in banks, energy firms weighs on US stock indexes -
Friday, August 24, 2018
Stocks drifted mostly lower in late-afternoon trading on Wall Street Thursday, on track to add to the market's modest losses a day earlier. A slide in banks and energy companies offset solid gains for the technology sector. Homebuilders also declined following new data showing sales of new U.S. homes slumped in July.
4.
Fed Minutes Suggest Further Rate Hikes Coming 'Soon' -
Thursday, August 23, 2018
WASHINGTON (AP) — Federal Reserve officials earlier this month said that a strong economy meant that it would "likely soon be appropriate" to boost their benchmark interest rate for a third time this year.
5.
US Unemployment Rate Falls to 3.9 Percent as Hiring Slows -
Monday, August 6, 2018
WASHINGTON (AP) — Employers pulled back on hiring in July, but the job gains were still enough to lower the U.S. unemployment rate a tick to 3.9 percent from 4 percent.
Employers added 157,000 jobs last month, a modest gain, the Labor Department said Friday. That's below the 215,000 average for the first seven months this year, but economists said the decline will likely prove temporary.
6.
Trump Slams Rate Increases by Independent Federal Reserve -
Friday, July 20, 2018
WASHINGTON (AP) – President Donald Trump on Thursday cast aside concerns about the Federal Reserve's independence, saying he was "not happy" with the Fed's recent interest rate increases.
7.
Fed Says Trade War Downturn Could Pose Challenges -
Thursday, July 19, 2018
WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell said Wednesday that the central bank has tools it can use to cushion the potential economic fallout from a trade war. But he told Congress the effort could be challenging if higher tariffs push inflation up too sharply.
8.
Federal Reserve Projects Further Gradual Hikes in Key Rate -
Monday, July 16, 2018
WASHINGTON (AP) – The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth.
9.
Why Many Americans Aren't Benefiting From Robust US Economy -
Monday, June 18, 2018
WASHINGTON (AP) – "The economy," Federal Reserve Chairman Jerome Powell declared this week, "is doing very well."
And it is. Steady hiring has shrunk unemployment to 3.8 percent – the lowest since the 1960's. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.
10.
Senate Panel Approves Nominations for 2 Fed Board Seats -
Wednesday, June 13, 2018
WASHINGTON (AP) – The Senate Banking Committee on Tuesday approved President Donald Trump's nomination of Columbia University professor Richard Clarida to be the vice chairman of the Federal Reserve. The panel also approved the nomination of Kansas bank commissioner Michelle Bowman to fill another vacancy on the Fed's seven-member board.
11.
3 Things to Watch for From the Federal Reserve on Wednesday -
Wednesday, June 13, 2018
WASHINGTON (AP) – No one will likely be surprised by the announcement the Fed is set to make when its latest policy meeting ends Wednesday: That it's raising its key short-term interest rate for the second time this year.
12.
Fed Watchers Await Rate Forecast With a Hike All But Certain -
Tuesday, June 12, 2018
WASHINGTON (AP) – Another interest rate increase is all but certain when the Federal Reserve meets this week. What's not so sure is whether the vigorous U.S. economy will lead the Fed to accelerate its rate hikes in the months ahead – a move that could raise the risk of a recession.
13.
Fed Chair Powell Stresses Importance of an Independent Fed -
Tuesday, May 29, 2018
Federal Reserve Chairman Jerome Powell warned Friday that the Fed's independence from political pressure must be respected if it is to succeed in controlling inflation, maximizing employment and regulating the financial system.
14.
Fed's Powell: Rate Hikes Should Not Upend the Global Economy -
Wednesday, May 9, 2018
WASHINGTON (AP) – Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday.
15.
Just Right: Fed Official Says US Living 'Goldilocks' Economy -
Monday, May 7, 2018
WASHINGTON (AP) – With steady growth, low unemployment and tame inflation, the U.S. is experiencing a "Goldilocks" economy: Not too hot. Not too cold. But just right.
So says a top Federal Reserve official, who on Friday suggested that the unemployment rate could fall further to 3.5 percent with inflation modestly overshooting the Fed's target for a time without raising concerns.
16.
Fed Keeps Key Rate Steady But Notes Rising Inflation -
Thursday, May 3, 2018
WASHINGTON (AP) – The Federal Reserve kept its benchmark interest rate unchanged Wednesday but noted that inflation is nearing the Fed's 2 percent target rate after years of remaining undesirably low.
17.
Fed is Set to Leave Rates Alone But to Hike Later in Year -
Tuesday, May 1, 2018
WASHINGTON (AP) – The Federal Reserve is all but sure to leave interest rates unchanged this week, though steady economic growth and inflation pressures will likely keep the Fed on a path toward further rate hikes later this year.
18.
Powell Says Fed Expects to Stick With Gradual Rate Hikes -
Monday, April 9, 2018
CHICAGO (AP) – Federal Reserve Chairman Jerome Powell on Friday painted a mostly sunny view of the U.S. economy and said the Fed remains committed to raising its key interest rate gradually unless events change. He said it was too soon to determine how a trade fight with China could affect the U.S. economy.
19.
Workers Benefit as US Businesses Struggle to Fill Jobs -
Monday, April 9, 2018
WASHINGTON (AP) – U.S. workers are increasingly benefiting as employers struggle to fill millions of open jobs.
More people who had given up looking for work are renewing their job hunts, more employees are confident enough to quit to look for other jobs and pay is gradually picking up.
20.
Fed Raises Key Rate, Foresees 2 More Hikes This Year -
Thursday, March 22, 2018
WASHINGTON (AP) – The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.
21.
Fed Set to Raise Rates As Powell Gives 1st News Conference -
Tuesday, March 20, 2018
WASHINGTON (AP) – The Federal Reserve's first meeting under Jerome Powell's leadership will likely end Wednesday with an announcement that the Fed will resume its modest interest rate hikes.
22.
US Economic Growth Revised Down Slightly to 2.5 Pct. in Q4 -
Thursday, March 1, 2018
WASHINGTON (AP) – U.S. economic growth was revised down slightly to a still-solid 2.5 percent annual rate in the final three months of last year, as business spent less on investment and restocking shelves than the government had previously estimated.
23.
Powell Says Outlook Strong, Signaling Gradual Rate Hikes -
Wednesday, February 28, 2018
WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell told Congress Tuesday that the outlook for the U.S. economy "remains strong" despite the recent stock market turbulence, keeping the central bank on track to gradually raise interest rates.
24.
Fed Officials: Stronger Economy Boosts Chance for Rate Hikes -
Thursday, February 22, 2018
WASHINGTON (AP) – Federal Reserve officials at their January meeting believed that a brightening global economic picture and the effects of recently passed tax cuts had raised the prospect for solid growth and continued interest rate increases.
25.
How the Market's Turmoil Could Affect Fed's Rate Decisions -
Friday, February 9, 2018
WASHINGTON (AP) – Wall Street has thrown a rather sour welcoming party for Jerome Powell.
26.
Powell Sworn In as 16th Chairman of Federal Reserve -
Tuesday, February 6, 2018
WASHINGTON (AP) – Jerome Powell was sworn in Monday as the 16th chairman of the Federal Reserve in a brief ceremony in the Fed's board room. In a video message, Powell pledged to support continued economic growth and a healthy job market while remaining "vigilant" to any emerging economic risks.
27.
Yellen Lands New Job at Brookings Institution -
Monday, February 5, 2018
WASHINGTON (AP) – Federal Reserve Chair Janet Yellen, the first woman to head the nation's central bank, got a boisterous send-off from Fed staff, but she isn't taking any time off. After her last day at the Fed on Friday, she will start a new job Monday at the Brookings Institution.
28.
Big Pay Gains for US Workers Contribute to Wall St. Sell-Off -
Monday, February 5, 2018
WASHINGTON (AP) – Pay raises, the U.S. economy's Achilles' heel in its long recovery from the Great Recession, finally showed signs of accelerating last month – a trend that fanned inflation fears and sent bond yields rising and stocks sinking.
29.
5 Things: What Yellen's Fed Tenure Will Be Remembered For -
Friday, February 2, 2018
WASHINGTON (AP) – When Janet Yellen leaves the Federal Reserve this weekend after four years as chair, her legacy will include having shattered a social barrier: She is the first woman to have led the world's most powerful central bank, a position that carries enormous sway over the global economy.
30.
Fed Leaves Key Rate Unchanged At Yellen's Final Meeting -
Thursday, February 1, 2018
The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.
At Janet Yellen's final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25 percent to 1.5 percent. It said in a statement that it expects inflation to finally pick up this year and to stabilize around the Fed's target level of 2 percent. In its previous statement, the Fed had predicted that inflation would remain below its target rate.
31.
Fed Likely to Hold Rates Steady at Yellen's Final Meeting -
Tuesday, January 30, 2018
WASHINGTON (AP) – Janet Yellen's final Federal Reserve policy meeting will likely bring an uneventful end this week to her four-year tenure as Fed chair but perhaps offer hints of the central bank's approach to interest rates in the months to follow.
32.
Powell Taking Over as Fed Chairman at Time of Economic Calm -
Thursday, January 25, 2018
WASHINGTON (AP) – It would seem like a pretty good time to take over as chairman of the Federal Reserve.
Jerome Powell has won Senate confirmation to head the U.S. central bank, inheriting an economy on a roll, a booming stock market and unemployment at a 17-year low.
33.
Senate Committee Approves Nomination of Powell for Fed Chair -
Thursday, January 18, 2018
WASHINGTON (AP) – The Senate Banking Committee has voted for a second time to approve President Donald Trump's nomination of Jerome Powell to be the next chairman of the Federal Reserve.
34.
Fed Officials Expect Economic Boost From Tax Cuts -
Thursday, January 4, 2018
WASHINGTON (AP) – Federal Reserve policymakers largely agreed last month that the U.S. tax overhaul would likely benefit the economy, but they were split on whether the resulting growth would warrant a faster pace of rate hikes this year.
35.
Fed Increases Rate for 3rd Time This Year; Foresees 3 More in 2018 -
Thursday, December 14, 2017
WASHINGTON (AP) – The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8 1/2 years after the end of the Great Recession.
36.
Last Word: Awaiting A Sell-Out, Public Art and Controversy and Southaven's Triangle -
Tuesday, December 12, 2017
The Grizz fall to 8-19 with a loss Monday to the Miami Heat 107-82 at the Forum. It is Tigers basketball Tuesday at the Forum with the Albany Great Danes. Meanwhile the Tigers football appearance in the Dec. 30 AutoZone Liberty Bowl is moving toward a sellout. The Tigers have sold 15,000 tickets to the bowl game including an initial allotment of 8,300. And offensive coordinator Darrell Dickey announced Monday he is leaving to take the same post at Texas A&M after nine seasons in Memphis.
37.
Fed Set to Raise Rates As Yellen Gives Final News Conference -
Tuesday, December 12, 2017
WASHINGTON (AP) – Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year.
They're less sure about what the central bank might have in store for 2018, and they will look to Janet Yellen's final news conference as Fed chair Wednesday for any clues.
38.
Yellen Suggests a Continuation of Gradual Rate Hikes -
Thursday, November 30, 2017
WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Wednesday that the Fed expects to continue raising interest rates gradually. And she sought to assure lawmakers that the Fed would take care not to choke off any extra growth generated by tax cuts as long as inflation stayed tame.
39.
Powell Casts Himself as a Figure of Stability for the Fed -
Wednesday, November 29, 2017
WASHINGTON (AP) – Jerome Powell says that if confirmed as the next chairman of the Federal Reserve, he expects the Fed to continue raising interest rates gradually to support its twin goals of maximum employment and stable prices.
40.
How Powell Could Differ From Yellen: Nominee Faces Hearing -
Tuesday, November 28, 2017
WASHINGTON (AP) – Jerome Powell's confirmation to be chairman of the Federal Reserve is considered all but certain. Yet when a Senate committee holds a hearing Tuesday on Powell's nomination, one question will hover above the discussions:
41.
Yellen to Step Down From Federal Reserve Board -
Saturday, November 25, 2017
Janet Yellen is submitting her resignation from the Federal Reserve board to President Donald Trump, announcing that she will leave the board when her successor Jerome Powell is sworn is as Fed chairman.
42.
Yellen to Step Down From Federal Reserve Board -
Tuesday, November 21, 2017
Janet Yellen is submitting her resignation from the Federal Reserve board to President Donald Trump, announcing that she will leave the board when her successor Jerome Powell is sworn is as Fed chairman.
43.
Bush Administration Alums Rising in Trump's Orbit -
Tuesday, November 21, 2017
WASHINGTON (AP) – For all the lingering tensions between President Donald Trump and former President George W. Bush, Trump's White House shares one thing in common with his Republican predecessor's: People.
44.
Yellen to Step Down From Federal Reserve Board -
Tuesday, November 21, 2017
WASHINGTON (AP) – Janet Yellen on Monday submitted her resignation from the Federal Reserve board to President Donald Trump, announcing that she will leave the board when her successor is sworn in as Fed chairman.
45.
3 Things: Yellen's Impact on the Fed and the US Economy -
Monday, November 6, 2017
WASHINGTON (AP) – After she steps down in February, Janet Yellen will go into history books at the first woman to have led the Federal Reserve in its 100-year history. But Yellen, who has earned widespread praise for her stewardship of the Fed, will be remembered for much more than breaking a glass ceiling at the world's leading central bank.
46.
Questions Arise Over Departure of First Woman to Lead Fed -
Monday, November 6, 2017
WASHINGTON (AP) – Nearly four years into Janet Yellen's history-making turn as the first woman to lead the Federal Reserve, the economy is growing, the unemployment rate is low and the stock market is setting record highs.
47.
Fed Leaves Key Rate As Is, Hints at Future Hikes -
Saturday, November 4, 2017
With a new Federal Reserve leader about to be announced, the Fed is keeping its key interest rate unchanged. It also hints that it’s preparing to resume raising rates as the economy shakes off the impact of recent hurricanes.
48.
Trump Nominates Jerome Powell to be Next Fed Chairman -
Friday, November 3, 2017
WASHINGTON (AP) – President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation's central bank, succeeding Janet Yellen, the first woman to hold the position.
49.
Text of the Fed's Statement After its Meeting Wednesday -
Thursday, November 2, 2017
WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:
Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions. Although the hurricanes caused a drop in payroll employment in September, the unemployment rate declined further.
50.
Fed Leaves Key Rate Unchanged But Hints at Future Hikes -
Thursday, November 2, 2017
WASHINGTON (AP) – With a new Federal Reserve leader about to be announced, the Fed is keeping its key interest rate unchanged. It also hints that it's preparing to resume raising rates as the economy shakes off the impact of recent hurricanes.
51.
Fed Meeting to be Eclipsed By Trump's Decision on Fed Chair -
Tuesday, October 31, 2017
WASHINGTON (AP) – This week's Federal Reserve policy meeting is shaping up to be an afterthought next to that other imminent Fed event of the week: President Donald Trump's announcement of who will lead the central bank for the next four years.
52.
Trump: Considering Powell and Taylor for Fed's Top 2 Posts -
Monday, October 23, 2017
WASHINGTON (AP) – President Donald Trump signaled Friday that he is considering dual nominations for the Federal Reserve's top two jobs.
Trump may appoint Jerome Powell, a member of the Fed's board, potentially as chairman, and John Taylor, a Stanford University economist, as vice chairman, according to a transcript of an interview with Trump distributed by Fox Business.
53.
Trump Indicates Fed Search Down to 5 Finalists -
Wednesday, October 18, 2017
WASHINGTON (AP) – President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen.
54.
Trump Says He Will Decide on Fed Chair Within 2 or 3 Weeks -
Monday, October 2, 2017
WASHINGTON (AP) – President Donald Trump said Friday that he has held four meetings to discuss who should lead the Federal Reserve starting early next year and expects to decide within two or three weeks.
55.
Text of the Fed's Statement After Its Meeting Wednesday -
Thursday, September 21, 2017
WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:
Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low.
56.
Text of the Fed's Statement After Its Meeting Wednesday -
Thursday, July 27, 2017
WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:
Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has declined.
57.
Text of the Fed's Statement After its Meeting Wednesday -
Thursday, March 16, 2017
WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:
Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months.
58.
Fed Board Member Powell Says March Rate Hike Possible -
Friday, March 3, 2017
WASHINGTON (AP) – A Federal Reserve board member on Thursday added his voice to a growing group of Fed officials who are indicating that they may raise rates in March.
Fed board member Jerome Powell said in a CNBC interview that he believed the Fed was close to achieving its targets on full employment and 2 percent inflation.
59.
Fed's Powell Sees Only Isolated Signs of Financial Excess -
Tuesday, January 10, 2017
A Federal Reserve governor is saying record-low interest rates have so far produced only isolated signs of excess in the economy but that the central bank must remain vigilant.
Jerome Powell says low rates helped pull the country from the Great Recession and toward a healthy job market. But he also says rates that stay low for a long time can lead to excessive risk-taking, as seen in the dot-com and housing bubbles of the last two decades. He made the remarks Saturday at an American Finance Association meeting in Chicago.
60.
Obama Picks Ex-Bank of Israel Head as No. 2 at Fed -
Monday, January 13, 2014
WASHINGTON (AP) – President Barack Obama took a step Friday toward reshaping the Federal Reserve under incoming chairman Janet Yellen, choosing a leading expert on the global economy to be her vice chairman.
61.
Fed Faces Many Uncertainties as It Meets This Week -
Tuesday, September 17, 2013
WASHINGTON (AP) – The Federal Reserve is being engulfed by the one thing it tries to prevent: uncertainty.
Will the Fed take its first step Wednesday toward reducing the extraordinary stimulus it's given the U.S. economy?
62.
Fed Officials Seek to Calm Markets -
Saturday, June 29, 2013
Federal Reserve officials sought Thursday to calm investors by assuring them the Fed won’t start trimming its bond purchases until the economy has strengthened. They said any pullback in the Fed’s stimulus will hinge on the economy’s performance, not a calendar date.
63.
Fed Officials Seek to Calm Markets -
Friday, June 28, 2013
Federal Reserve officials sought Thursday to calm investors by assuring them the Fed won’t start trimming its bond purchases until the economy has strengthened. They said any pullback in the Fed’s stimulus will hinge on the economy’s performance, not a calendar date.
64.
New Fed Voters Likelier to Back Help for Economy -
Wednesday, January 25, 2012
NEW YORK (AP) – If Chairman Ben Bernanke decides the economy needs more help from the Federal Reserve this year, he probably won't face as much resistance as he did last year.
Call it the changing of the guard.
65.
Obama Nominates 2 to Federal Reserve Board -
Wednesday, December 28, 2011
HONOLULU (AP) – A vacationing President Barack Obama on Tuesday nominated a Harvard University professor and a former Treasury official under President George H.W. Bush – a Democrat and a Republican – to the Federal Reserve Board of Governors.
66.
Peeples Promoted to Administrator At Methodist Alliance Health Services -
Wednesday, March 19, 2008
Trip Peeples has been promoted to administrator for Methodist Alliance Health Services' Home Medical Equipment and Infusion division.
Peeples has been with Methodist Le Bonheur Healthcare for seven years, most recently serving as corporate director of finance and reimbursement and interim chief financial officer for Methodist Extended Care Hospital.