Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Business | ANALYSIS Sep 19, 2013
Likely Fed pick Yellen seen as independent
by Jim Kuhnhenn
Janet Yellen is now the clear front-runner to be nominated as head of the powerful Federal Reserve, and her status as President Barack Obama’s second choice could ultimately serve as an asset during confirmation and in the central bank’s top job. Some Fed watchers ...
Business Sep 17, 2013
Yellen leads Fed list after Summers' exit
Central bank policy dove Janet Yellen was seen as the front-runner Monday to lead the Federal Reserve after President Barack Obama’s apparent preferred candidate Larry Summers’ surprise withdrawal. Yellen, currently vice chair of the Fed, and so the top lieutenant to outgoing chairman Ben ...
Business Aug 21, 2013
Allies wage behind-the-scenes effort in Fed job push
by Zachary A. Goldfarb
Lawrence Summers, one of the top candidates to lead the U.S. Federal Reserve, was being beaten up, and his friends from his White House years wanted to help him. So earlier this month, recently departed Treasury Secretary Timothy Geithner and other former officials in ...
Business Aug 4, 2013
Quest to head Fed turns into political circus
by Julianna Goldman
In Iowa while campaigning in 2007, then-Senator Barack Obama refused to comment when asked about the Federal Reserve, citing the institution’s independence. President Obama may be wishing he’d heeded that advice. Since the president in an interview with Charlie Rose June 16 indicated he ...