Federal Reserve Bank

A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020.
Paul Sancya/AP Photo
AP News
April 03, 2020 - 8:54 am
A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut jobs because of the viral outbreak that's all but shut down the U.S. economy. The actual job loss was likely even larger than reported, because the government surveyed employers before the...
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credit cards
May 29, 2018 - 11:31 am
ALBANY, N.Y. (AP) — The New York state comptroller's office says the nation's four most-populated states carry the highest total amount of credit card debt, with California leading the way followed by Texas, Florida and New York. Democratic Comptroller Thomas DiNapoli says in a report released...
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Financial Aid
David Madden
May 26, 2018 - 9:30 pm
PHILADELPHIA (KYW Newsradio) -- The Federal Reserve Bank of Philadelphia has performed a study of a special financial aid package at Rutgers-Camden and has come up with some findings that may help anyone looking for extra help in affording a college education. Rutgers-Camden has for the last two...
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Millennials and the Great Recession
Allie Schmitz/CNNMoney
May 23, 2018 - 1:17 pm
By Tami Luhby (CNN Money) -- Some Millennials may never get over the Great Recession. The net worth of a typical family headed by someone born in the 1980s was 34% below what was expected, according to a new Federal Reserve Bank of St. Louis study titled "A Lost Generation?" What's worse, the...
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