Reuters seeks economy reporter in DC
Reuters is seeking a correspondent to write detailed, accurate and insightful stories on the US economy and economic policy, with an understanding of what data and policies mean for financial markets and US monetary policy. Evaluate news leads and tips in order to develop compelling story ideas. Interview prominent economists at financial and academic institutions […]
Assessing holiday sales
It’s now time for retailers to report exactly how good (or bad) the holiday shopping season was last year. While the importance is well reported, the numbers usually are a harbinger for consumer sentiment and coming spending levels. Anna Prior wrote for the Wall Street Journal that many stores had a tough season, with big-box […]
Fed minutes show officials watching for stability
Minutes from the last Federal Reserve Board meeting where officials announced they were beginning to pull back from its bond-buying program showed officials are still cautious on the economy. Jon Hilsenrath and Victoria McGrane wrote for the Wall Street Journal that one of the next pieces of business for the Fed would be watching for […]
Volcker Rule back in the news
Reports Tuesday that Congress is considering changing some provisions of the Volcker Rule came as banks started to react to the new law. Floyd Norris wrote about the potential changes in the New York Times: When Zions Bank announced last month that it expected to take a big loss because of the Volcker Rule, it set […]
Could deflation hit Europe?
As the U.S. economy picks up and the Federal Reserve Board pulls back on its economic stimulus, the rest of the world continues to struggle with weakness. The Wall Street Journal’s Stephen Fidler had this story: Anxieties are rising in the euro zone that deflation—the phenomenon of persistent falling prices across the economy that blighted […]
WaPo economics columnist Klein planning to leave
Washington Post economics columnist Ezra Klein plans to leave the newspaper after failing to win support for a new website he wanted to create within the company, reports Ravi Somaiya of the New York Times. Somaiya writes, “Klein, who quickly ascended into the ranks of the Washington media establishment with a multiplatform blend of policy […]
Labor Department needs to improve data release to media
The U.S. Labor Department should either tighten the procedures that it uses to release market-sensitive data to the media or scrap them altogether and distribute the data directly to the public, a watchdog for the department said on Thursday. Margaret Chadbourn of Reuters writes, “The recommendation to tighten the so-called lockup process, specifically the department’s […]
Bull leaving Reuters DC bureau
Alister Bull, who has spent most of the past nine years covering the Federal Reserve Board and the economy for Reuters, is leaving the news organization, his co-workers have confirmed. Bull has not yet written a farewell note and does not have any post-Reuters plans, those co-workers stated. Along with the Federal Reserve, Bull covered […]
Fed decides to scale back stimulus
The Federal Reserve Board announced Wednesday its long-awaited decision to begin the pull back from its bond-buying program. While the speculation about when this would happen and how much they’d pull back has been written about much of the second half of the year, the move is still significant for the markets since it means […]
Obama picks Fischer for No. 2 spot at Fed
Stanley Fischer is the choice for the vice chairman role at the Federal Reserve Board, bringing an outsider to the No. 2 spot. The initial stories about his nomination were definitely positive with few organizations citing anything wrong with his record. Bloomberg had this to say about the choice: The former Bank of Israel governor, though a […]
