Extra credit: the rise of short-term liabilities

Not only are more American families in debt, but the median value of the debt more than doubled between 1989 and 2004. Credit cards and payday loans are two of the favorite tools for digging the hole deeper.Credit

Annual revision of metro jobs data shows little change from earlier reports

Federal Reserve District, 8th ; Employment

Fed's bold actions harken back to Volcker era

Volcker, Paul A. ; Monetary policy

The financial crisis in S, M and L: three very different countries respond similarly

An examination of what Iceland, the United Kingdom and the United States went through last September and October during the financial crisis reveals some important differences and similarities.Financial crises

Nearing the bottom, or digging a deeper hole?

Economic conditions ; Economic forecasting

The Federal Reserve seeks to protect consumers

The Federal Reserve plays a key role in protecting consumers when they seek financial services. That role revolves around four pillars: rulemaking, enforcement, community affairs and consumer education.Consumer protection

This is not your father's recession ... or is it?

The current declines in employment and income are consistent with what happened in previous recessions going back to 1969. Unique this time are the major drop in home prices and the proactive response by policymakers.Recessions

Fort Knox helps protect economy of Elizabethtown, Ky.

Kentucky ; Economic development ; Federal Reserve District, 8th

Corporate social responsibility can be profitable

Businesses have found that it can pay off to engage in social stewardship, such as donating to charity, protecting the environment and nurturing a diverse and safe workplace.Social responsibility of business

Why "fixing" China's currency is no quick fix

Even if China does revalue its currency, jobs aren’t likely to come flooding back to the United States. Much of what China exports to the U.S. originates in other Asian countries.Foreign exchange rates ; International finance ; China