Government And Institutions

Yellen says rate hike likely appropriate this year

Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year.

Yellen says rate hike likely appropriate this year

Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year.

Connecticut Senate approves deal to keep Sikorsky Aircraft

A $220 million agreement that would keep Sikorsky Aircraft Corp. in the state to produce a new line of heavy cargo helicopters for the U.S. military was moving easily through the General Assembly on Wednesday, with some lawmakers hailing the deal as a positive sign for manufacturing.

Connecticut Senate approves deal to keep Sikorsky Aircraft

A $220 million agreement that would keep Sikorsky Aircraft Corp. in the state to produce a new line of heavy cargo helicopters for the U.S. military was moving easily through the General Assembly on Wednesday, with some lawmakers hailing the deal as a positive sign for manufacturing.

Fed's Yellen Defends Regulatory Role, Raises Stress Test Changes

Federal Reserve Chair Janet Yellen was thrust into the election-year boxing ring during a congressional committee hearing on Wednesday, defending the central bank's regulatory role, taking and landing punches on Wells Fargo and other banks considered too big to fail, and addressing accusations of political conflicts of interest.

Fed's Yellen Defends Regulatory Role, Raises Stress Test Changes

Federal Reserve Chair Janet Yellen was thrust into the election-year boxing ring during a congressional committee hearing on Wednesday, defending the central bank's regulatory role, taking and landing punches on Wells Fargo and other banks considered too big to fail, and addressing accusations of political conflicts of interest.