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ation, 7.57M) reports that on Monday, Sen. Susan Collins (R-ME) announced that she will vote against economist Judy Shelton's nomination to serve on the Federal Reserve Board of Governors. Collins becomes the second GOP senator to oppose Shelton, following last week's announcement from Sen. Mitt Romney (R-UT) that he cou
website, among other news outlets, also reports the story. EFTA00150411 Orders For Capital Goods Up By Most In Nearly Two Years. Reuters (7/27, Mutikani) reports, "New orders for key US-made capital goods increased by the most in nearly two years in June and shipments accelerated, but the gains were
hat interest rates may "have to rise somewhat to make sure that our economy doesn't overheat," was neither "a forecast" nor "an attempt to influence the Federal Reserve." It was "simple good sense. Still, she shouldn't have said it. Convention says that the nation's top economic official must avoid uttering even the
led for 538,000 claims." But, the New York Times (5/6, Casselman, 20.6M) says applications "remain high by historical standards," and Reuters (5/6, Mutikani) that "the labor market is not out of the woods yet, with about 16.2 million people still collecting unemployment checks." CNBC (5/6, Cox, 7.34M) r
cle production accelerated amid the reopening of businesses, but the nascent economic recovery was overshadowed by surging new COVID-19 infections." The Federal Reserve "said manufacturing production jumped 7.2% last month, the largest gain since March 1947, after climbing 3.8% in May." However, "manufacturers in th
t business contacts in the Fed's 12 regions remained wary about the future." Fed Report Shows US Manufacturing Bounced Back In June. Reuters (7/15, Mutikani) reports US industrial output "rose by the most in more than 74 years in June as motor vehicle production accelerated amid the reopening of business
ation, 7.57M) reports that on Monday, Sen. Susan Collins (R-ME) announced that she will vote against economist Judy Shelton's nomination to serve on the Federal Reserve Board of Governors. Collins becomes the second GOP senator to oppose Shelton, following last week's announcement from Sen. Mitt Romney (R-UT) that he cou
Garber, 1.73M) website, among other news outlets, also reports the story. Orders For Capital Goods Up By Most In Nearly Two Years. Reuters (7/27, Mutikani) reports, "New orders for key US-made capital goods increased by the most in nearly two years in June and shipments accelerated, but the gains were
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