iPhone app iPad app Android phone app Android tablet app

New York Fed

Fed Maps Show There's More To Student Debt Crisis

Posted 05.15.2013 | Business
Read More: Student Loan Delinquency, Student Loan Delinquencies by State, New York Fed Student Loans, Student Debt, Student Loan Debt Maps, Student Loan Delinquencies, Student Loan Crisis, State by State Student Loans, New York Fed, Student Loan Debt, Student Loans, Business News

New data released by the New York Federal Reserve Bank shows that the percentage of delinquent student loans dropped slightly in the first quarter of ...

Read Whole Story

Shahien Nasiripour

Student Debt May Dampen College Grads' Boost To Economy

HuffingtonPost.com | Shahien Nasiripour | Posted 05.10.2013 | Business
Read More: Student Loans Rohit Chopra, New York Fed Student Debt, Student Debt Crisis, Student Debt Economy, Student Debt, Great Recession, Cfpb, Federal Reserve, New York Fed, Economic Growth, Student Loan Debt, Student Loans, Business News

BOSTON -- The overhang of student debt on young workers may inhibit consumption and future borrowing, researchers at the Federal Reserve Bank of New Y...

Read Whole Story

Tim Geithner's Biggest Problem

The New Republic | NOAM SCHEIBER | Posted 01.28.2013 | Politics
Read More: Goldman Sachs, JP Morgan, Treasure Department, Rahm Emanuel, Tim Geithner, David Axelrod, Too Big to Fail, Timothy-Geithner, Andrew Ross Sorkin, Tim Geithner Legacy, Federal Reserve, New York Fed, Robert Gibbs, Treasury Secretary Tim Geithner, Politics News

What are we to make of Tim Geithner on his last day as Treasury Secretary? For my money, the story that best gets at his essential Geithner-ness took ...

Read Whole Story

Top Fed Official: We Haven't Done Enough

The Huffington Post | Mark Gongloff | Posted 10.16.2012 | Business
Read More: Bill Dudley New York Fed, William Dudley New York Fed, Video, Economics, Seven and a Half Things, Bill Dudley, Economy, Fed, Monetary Policy, William Dudley, New York Fed, New York Federal Reserve, Business News

Thing One: When Doves Cry: Ron Paul and Rick Perry may not like Ben Bernanke's Federal Reserve, but they should thank their big, bright Texas stars th...

Read Whole Story

Student Debt Crisis Continues To Get Worse

The Huffington Post | Tyler Kingkade | Posted 09.07.2012 | College
Read More: New York Fed Student Debt, Student Debt, Majoring in Debt, New York Fed, Student Loans New York Federal Reserve, New York Federal Reserve, Student Loan Debt, Student Loans, Student Debt Increases, Second Quarter 2012, Household Debt, College News

Americans are paying off their debts -- except for student loans. The latest report from the New York Federal Reserve, the 2012 Q2 Quarterly Report...

Read Whole Story

N.Y. Fed Silent On Barclays’ Admission Of Rigging Libor

Reuters | Sakthi Prasad | Posted 07.25.2012 | Business
Read More: Libor-Scandal, New York Fed, Commodity Futures Trading Commission, Justice Department, Federal Reserve Bank of New York, Barclays, Barack Obama, Libor Scandal, Mervyn King, Libor, Timothy Geithner, Treasury Secretary Timothy Geithner, Fabiola Ravazzolo, Business News

Treasury Secretary Timothy Geithner, who was then head of the Federal Reserve Bank of New York, did not communicate in key meetings with top regulator...

Read Whole Story

Elizabeth Warren: 'Libor Fraud Exposes Rot At The Core'

The Huffington Post | Alexander Eichler | Posted 07.20.2012 | Business
Read More: Libor Manipulation, Libor Rate Rigging, Elizabeth Warren, Video, Elizabeth Warren Libor, Libor, Timothy Geithner Libor Scandal, Timothy Geithner, New York Fed, Slideexpand, Barclays, Libor Scandal, New York Federal Reserve Bank, Business News

Elizabeth Warren jumped into a growing chorus decrying the massive Libor manipulation on Thursday with a scathing editorial in the Washington Post. ...

Read Whole Story

Ryan Grim

Documents Show Geithner's Libor Recommendations Came Straight From Banks

HuffingtonPost.com | Ryan Grim | Posted 07.16.2012 | Politics
Read More: Treasury Department, Video, Libor, Tim Geithner, Market Participants, Timothy Geithner, New York Fed, Tim Geithner Libor, Geithner Libor, Bba, Libor Scandal, Politics News

WASHINGTON -- Treasury Secretary Timothy Geithner has so far escaped responsibility for the spreading Libor fixing scandal by releasing documents show...

Read Whole Story

Mark Gongloff

'We Know We're Not Posting An Honest Libor'

HuffingtonPost.com | Mark Gongloff | Posted 07.13.2012 | Business
Read More: Libor Manipulation, Libor, Tim Geithner, Federal Reserve, Timothy Geithner, New York Fed, New York Fed Libor Documents, New York Federal Reserve, Libor Scandal, Business News

The New York Federal Reserve on Friday released documents showing it knew banks were manipulating a key interest rate more than four years ago. The...

Read Whole Story

Tim Geithner Had Questions About Libor's 'Integrity' In 2008

The Huffington Post | Alexander Eichler | Posted 07.13.2012 | Business
Read More: Interest Rates, Libor Manipulation, Video, London Interbank Offered Rate, Libor, Tim Geithner, Timothy Geithner, New York Fed, Barclays, Libor Scandal, New York Federal Reserve Bank, Business News

Nobody in their right mind would want to become part of the Libor rate-rigging scandal. But that's what's happening to Treasury Secretary Timothy Geit...

Read Whole Story

Guess Who Gets A Huge Check From JPMorgan Chase Every Year

The Huffington Post | Alexander Eichler | Posted 07.16.2012 | Business
Read More: JPMorgan Chase New York Fed, JPMorgan Chase, Ann Darby, Jpmorgan Trading Loss, Elizabeth Warren, Video, Jpmorgan, Banks, Jamie Dimon, William Dudley, Bernie Sanders, New York Fed, Federal Reserve Bank of New York, Financial Regulation, New York Federal Reserve Bank, Business News

The relationship between JPMorgan Chase and its regulators is gaining a bit more attention these days. Plenty of people have already registered t...

Read Whole Story

NY Fed Claims It Took 'Prompt Action' On Libor Four Years Ago

Reuters | Posted 09.10.2012 | Business
Read More: Video, Libor Documents, Barclays Libor Settlement, Libor, Reuters, Business News, Barclays Libor Fixing, New York Fed, NY Fed, New York Federal Reserve Bank, Ny Fed Libor Documents, Libor Scandal, Barclays Libor, Business News

July 11 (Reuters) - The Federal Reserve Bank of New York will release on Friday documents showing it took "prompt action" four years ago to highlig...

Read Whole Story

Greg Rosalsky

Bernie Sanders Accuses 18 Fed Directors Of Conflicts

HuffingtonPost.com | Greg Rosalsky | Posted 06.14.2012 | Politics
Read More: Video, Dodd-Frank, Fed, Federal Reserve Directors, Federal Reserve Bank, Federal Reserve, Bernie Sanders, Jamie Dimon, New York Fed, Jeffrey Immelt, New York Federal Reserve Bank, Politics News

WASHINGTON -- At least 18 current and former directors of Federal Reserve banks received a stunning total of $4 trillion in near-zero-interest Fed loa...

Read Whole Story

Ryan Grim

Elizabeth Warren Reveals What She'd Ask Jamie Dimon

HuffingtonPost.com | Ryan Grim | Posted 06.13.2012 | Politics
Read More: JP Morgan Chase, JPMorgan Chase, Elizabeth Warren, Jamie Dimon Hearing, Video, Jamie Dimon, New York Fed, Massachusetts Senate Race, Dimon Hearing, Warren Senate, Politics News

WASHINGTON -- Jamie Dimon, beyond his extraordinary wealth, doesn't have much to be happy about lately. But he can take solace in at least one lucky b...

Read Whole Story

NY Fed Chair: It's No Big Deal That JPMorgan CEO Is On Our Board

The Huffington Post | Alexander Eichler | Posted 06.11.2012 | Business
Read More: JPMorgan Chase, Jpmorgan Trading Loss, Elizabeth Warren, JP Morgan Loss, Jamie Dimon, Lee Bollinger, New York Fed, Simon Johnson, Jamie Dimon JP Morgan, New York Federal Reserve Bank, New York Fed Board of Directors, Video, Business News

At least 36,000 people say JPMorgan Chase CEO Jamie Dimon should step down from the board of directors at the Federal Reserve Bank of New York. Lee...

Read Whole Story

Senator Bernie Sanders Seeks to Reduce Bankers' Prominent Government Role Regulating Themselves

Robert Auerbach | Posted 08.05.2012 | Business
Read More: Kansas City Fed, KC Fed, New York Fed, Dodd Frank, Business News
Robert Auerbach

The most powerful government regulator of banks, the Federal Reserve -- the Fed -- provides a prominent role in its bureaucracy for the banks it regu...

Read Whole Story

Student Loan Debt Stands Alone

Reuters | Posted 08.01.2012 | Home
Read More: Student Loan Interest Rates, Mortgages, Consumer Debt, Reuters, Student Loan Debt Bomb, New York Fed, Credit Card Debt, Student Loans, Student Loan Debt, New York Federal Reserve Bank, Home News

By Leah Schnurr NEW YORK, May 31 (Reuters) - U.S. consumer debt fell in the first three months of the year as American...

Read Whole Story

Fed Official Essentially Calls For Dimon To Leave New York Fed

The Huffington Post | Mark Gongloff | Posted 05.24.2012 | Business
Read More: JP Morgan Chase, Jamie Dimon New York Fed, Esther George, JPMorgan Chase, Video, JP Morgan, Jamie Dimon JPMorgan Chase, Fed, Kansas City Fed President Esther George, Regulation, Federal Reserve, Banks, Jamie Dimon, New York Fed, Slideexpand, Business News

Don't worry, Jamie Dimon. Even in the Facebook mess, you are not forgotten. Kansas City Federal Reserve President Esther George on Thursday said in...

Read Whole Story

Federal Reserve Conducts Another Secret Sale Of AIG Assets

The Huffington Post | Bonnie Kavoussi | Posted 02.28.2012 | Business
Read More: Credit Suisse Group AG, Video, Credit Suisse, Federal Reserve, Aig, New York Fed, Maiden Lane II, American International Group, New York Federal Reserve, Maiden Lane, New York Federal Reserve Bank, Business News

The Federal Reserve gave just five banks the chance to bid on taxpayer-owned AIG assets -- again. It's just the latest secret sale of the toxic mor...

Read Whole Story

Fed's Secret Sale Of AIG Assets To Goldman Criticized As 'Un-American'

The Huffington Post | Bonnie Kavoussi | Posted 02.10.2012 | Business
Read More: Lloyd Blankfein, Goldman Sachs, Video, AIG Securities, Federal Reserve, Aig, William Dudley, New York Fed, Goldman Sachs Aig, Federal Reserve Bank of New York, Goldman, New York Federal Reserve Bank, Business News

The Federal Reserve gave just five banks the chance to bid on $6.2 billion in taxpayer-owned AIG assets before selling them to Goldman Sachs on Wednes...

Read Whole Story

Speculative Investors Played Larger Role Than Thought In Driving House Bubble

AP | By CRISTINA SILVA | Posted 12.12.2011 | Business
Read More: Housing Sector, Video, Investor Housing Bubble, Financial Crisis, New York Fed, Housing Crisis, Investor Real Estate, Recession, Housing Bubble, Business News

LAS VEGAS -- A new federal report shows that speculative real estate investors played a larger role than originally thought in driving the housing bub...

Read Whole Story

The $40 Billion Iraqi Money Trail

CNBC | Eamon Javers | Posted 12.25.2011 | World
Read More: Iraq War, Coalition Provisional Authority, Central Bank of Iraq, Baghdad, New York Fed, Iraq, Baghdad-Iraq, New York Federal Reserve Bank, World News

It has been called the largest airborne transfer of currency in the history of the world. But finding out what happened to all the money involved has ...

Read Whole Story

Shahien Nasiripour

Federal Reserve's Actions May Increase Unemployment

HuffingtonPost.com | Shahien Nasiripour | Posted 06.28.2011 | Business
Read More: San Francisco Fed, Unemployment, Qe2, Boston Fed, St. Louis Fed, Quantitative Easing, Federal Reserve, Ben Bernanke, William Dudley, New York Fed, Janet Yellen, Business News

The Federal Reserve's purchases of more than $2 trillion in mortgage and U.S. government debt may cause an upswing in unemployment, a top regional Fed...

Read Whole Story

AIG Expects Other Bids For Their Former Subprime Bonds

Posted 05.25.2011 | Business
Read More: US Government, Aig, Federal Reserve, American International Group, New York Fed, Wall Street Journal, Mortgage Backed Securities, Robert Benmosche, Business News

(Reuters) - American International Group (AIG.N) expects others to bid for the mortgage-backed securities that it has offered to pay $15.7 billion...

Read Whole Story

Simon Johnson: New York Fed Making A Big Mistake?

The New York Times | Simon Johnson | Posted 05.25.2011 | Business
Read More: Business News, US Economy, New York Federal Reserve, Jamie Dimon, New York Fed, Federal Reserve System, Business News

An uncomfortable dissonance is beginning to develop within the Federal Reserve. On the one hand, current and former senior officials now generally ag...

Read Whole Story