CPD In The News

The Federal Reserve on Thursday voted to maintain its unprecedented support for the U.S. recovery, leaving a key interest rate unchanged amid gathering clouds over the global economy.


WASHINGTON--Not yet.

Citing global economic weakness and financial market turmoil, the Federal Reserve agreed Thursday to keep its benchmark interest rate near zero despite the rapidly improving U.S. labor market.

WASHINGTON — One of the longest economic expansions in American history remains so fragile that the Federal Reserve said on Thurs

The typical Federal Reserve monetary policy announcement has all the drama of a traffic signal.

Officials provide enough hints beforehand that there's little surprise when the news comes about whether they have given the green light to an interest rate change.

Update 3 PM EDT:


Update 3 PM EDT:


New Yorkers need policies that would help them balance work and family responsibilities, according to a report released today by New York City Comptroller Scott M. Stringer, in partnership with A Better Balance.

The proposal would allow workers to know their schedules ahead of time and earn overtime if they work more than eight hours a day. It would affect all Minneapolis businesses with more than one employee.

“This is a victory for the working families who stepped up with innovative organizing to send the Fed a clear message: Our voices belong in the debate about our economy,” said Ady Barkan, Campaign Director for Fed Up.

When I worked my way through college with a job at Chipotle, I often worked a so-called "clopen shift." I was closing the store I managed at 2 a.m. and returning to open the restaurant at 6 a.m. The work schedule didn't leave much time for sleep, let alone schoolwork.

Pages