What’s News: Congress passes a late-night deal to re-open the government and raise the debt limit. Newark mayor Cory Booker wins New Jersey Senate election. Verizon’s third quarter profit climbs. Demand for botox grows among baby boomer men. Sara Murray reports. Photo: AP
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Treasury Secretary Jack Lew told members of the Senate Finance Committee Thursday that the fight over the debt ceiling has already begun to stress markets.
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An inside look at the Fed’s experience over the last five months shows how hard it is for a central bank to communicate about plans that are complicated, conditional and evolving. Jon Hilsenrath discusses. Photo: Getty.
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The September jobs report may be delayed because of the government shutdown, but the Fed still has very important decisions to make based on the state of the economy, which is still in tenuous recovery mode. Sudeep Reddy and Phil Izzo discuss. Photo: Getty Images.
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Could a government shutdown actually be good for Washington? Patrick Chovanec, chief strategist at Silvercrest Asset Management and former communications aide for the House GOP during the last government shutdown, joins MoneyBeat. Photo: Getty Images.
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Could a government shutdown actually be good for Washington? Patrick Chovanec, chief strategist at Silvercrest Asset Management and former communications aide for the House GOP during the last government shutdown, joins MoneyBeat. Photo: Getty Images.
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The uproar that sank Lawrence Summers’s chances of taking charge of the Federal Reserve suggests that President Obama’s clout on Capitol Hill is eroding ahead of crucial decisions about government spending and the debt ceiling. Peter Nicholas reports.
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The uproar that sank Lawrence Summers’s chances of taking charge of the Federal Reserve suggests that President Obama’s clout on Capitol Hill is eroding ahead of crucial decisions about government spending and the debt ceiling. Peter Nicholas reports.
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The uproar that sank Lawrence Summers’s chances of taking charge of the Federal Reserve suggests that President Obama’s clout on Capitol Hill is eroding ahead of crucial decisions about government spending and the debt ceiling. Peter Nicholas reports.
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