T. Gary Rogers, chairman of the San Francisco Federal Reserve Bank, is busy finding a replacement for Janet Yellen, but he also has another big assignment: Selling his vineyard estate in St. Helena, Calif. which has been listed for $20 million.  Read More →

There was a slice of good news in today’s jobs report about the state of long-term unemployment in America.  Read More →

U.S. firms eager to shape newly-passed financial laws have wasted no time in lobbying the Fed and other agencies, according to new details released by the central bank.  Read More →

A more “holistic” approach to foreclosures and vacant properties, along with more flexible, community-focused state and federal assistance, could be needed if hard-hit communities are to get back on their feet, Federal Reserve Bank of Boston President Eric Rosengren said.  Read More →

Many large retailers reported their August sales numbers this week, with most of them coming out the morning of Thursday, Sept. 2.  Read More →

The Fed will co-host a conference on the future of housing finance this fall amid intensifying efforts by policy makers and bankers to address a root cause of the financial crisis.  Read More →

Federal Reserve Bank of Dallas President Richard Fisher said Wednesday the recovery of the U.S. economy “will take quite some time,” and that improved regulatory and fiscal policies are needed in order to help the process.  Read More →

In Australia’s otherwise stand out economy, an unlikely saviour for a sluggish retail sector has emerged–reality television.  Read More →

The Fed’s decision to reinvest the proceeds of mortgage-backed securities into Treasurys earlier this month was a signal of steady monetary policy, though officials also raised the possibility of reinvesting in mortgages in the future.  Read More →

Tiger Woods is the exception not the rule, according to fresh data showing the divorce rate and infidelity have continued to decline amid the economic downturn.  Read More →

The expiration of a tax cut on dividend income wouldn’t likely spur firms to significantly cut their dividend payouts, say some scholars who study the relationship between tax rates and corporate behavior.  Read More →

Plenty of the money borrowed during the housing boom may have been spent superfluously, but it also appears to have played an important role in funding college educations.  Read More →

A roundup of economic news from around the Web.  Read More →

Asset purchases by central banks work. That was the conclusion of Charles Bean, deputy governor of the Bank of England, in a paper he presented at the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo., setting off a lively debate among academics and central bankers from around the world.  Read More →

Sweden’s top central banker Saturday said the country’s economy looked in good shape despite the slowdown in the global recovery, indicating Swedish interest rates will continue to increase.  Read More →