Coverage: Fed leaves interest rates unchanged
The Federal Reserve Board voted Wednesday not to raise its key interest rate, as central bank officials expressed concern with the pace of economic growth. Jeff Cox of CNBC had the news: In a move largely expected in financial markets, the policymaking Federal Open Market Committee unanimously agreed to keep its benchmark rate target at 0.75 […]
Coverage: New car sales declined in April, causing concern
New car sales for the auto industry’s biggest company all declined in April, leading to concerns that a seven-year rise in sales may be ending. Russ Mitchell of the Los Angeles Times had the news: The April figures aren’t an aberration. The car industry’s year-to-date sales are down as well. If the trend continues, analysts will have […]
SF Fed: Business journalism better indicator than consumer surveys
Researchers at the Federal Reserve Bank of San Francisco have discovered an economic indicator better than consumer sentiment surveys — journalists and their reports on the economy. Mark Calvey of the San Francisco Business Times reports, “The S.F. Fed researchers told the San Francisco Business Times that they saw their project as ‘proof of concept’ on […]
WSJ’s Wei discusses covering China’s central bank
Lingling Wei, a China correspondent for The Wall Street Journal, talks about how covering its economy helped answer some of the most pressing questions when the yuan significantly devalued. “For years, China has been a global growth driver, but that changed in the summer of 2015,” said Wei. “…So we decided to answer the big […]
Coverage: Richmond Fed head Lacker resigns amid leak probe
Jeffrey Lacker, the president of the Federal Reserve Bank in Richmond, Virginia, abruptly resigned on Tuesday after he admitted he was the person who leaked confidential information about policy options that the central bank was considering in 2012. Christopher Condon and Craig Torres of Bloomberg News had the news: Lacker said during a phone conversation with an analyst […]
Coverage: New car sales slump in March
The U.S. auto industry turned in an underwhelming performance in March as sales disappointed despite rising discounts. Nathan Bomey of USA Today had the news: The industry reported sales of 1.56 million vehicles for the month, down 1.6% from a year earlier, according to Autodata, amid increasing inventories of unsold vehicles, especially of small cars. Sales analysts for […]
Vox hires Washington Post econ reporter Guo
Jim Tankersley, the policy and politics editor at Vox, sent out the following staff announcement on Monday: All: Politics & Policy is thrilled to announce another superstar addition our team: Jeff Guo is joining us from the Washington Post, to cover the intersection of politics, policy, and the media. Jeff is an extraordinary and rare talent. He […]
Vox hires economics, health care reporters
Jim Tankersley, the policy and politics editor at Vox, sent out the following staff announcement on Tuesday: All: I’m delighted to announce two additions to the policy and politics team, in our ongoing quest to dominate coverage of how policy is being made in Washington, and how it affects Americans’ lives. Alexia Fernandez-Campbell joins us […]
WSJ’s Borak joining CNNMoney
Donna Borak, who has covered banking policy for The Wall Street Journal from the Washington news bureau, has resigned to join CNNMoney. Borak’s new job will be senior economics writer. While at The Journal, Borak also focused on Congress and the 2016 presidential election. Previously, she was a Knight Journalism Fellow at Stanford University. Borak was […]
San Diego Biz Journal seeks health care/economy reporter
The San Diego Business Journal, the region’s premier local business publication, has an immediate opportunity for a reporter who is excited about covering health care and the local economy, including but not limited to the tourism, hospitality and manufacturing sectors. We’re looking for a reporter who will set the standard in this community for finding […]
