Scott Horsley
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No word yet on when or even if we'll see data on inflation or unemployment for last month, which could help to shape the Federal Reserve's decision on interest rates in December.
Scott Horsley, MPR News, Washington.
Now that the federal shutdown is over, government statisticians will start to release those economic report cards we've been missing for the last six weeks.
The Commerce Department says it will provide an update on the August trade deficit on Wednesday.
The Labor Department will deliver the September jobs report the following day.
Both of those reports were supposed to come out in early October.
No word yet on when or even if we'll see data on inflation or unemployment for last month, which could help to shape the Federal Reserve's decision on interest rates in December.
Stock in Google's parent company opened higher after news that Berkshire Hathaway had taken a stake worth more than $4 billion last
Warren Buffett is retiring as Berkshire's CEO at the end of the year.
Scott Horsley, NPR News, Washington.
Paperwork released by the Office of Government Ethics shows Adriana Kugler bought and sold individual stocks last year in violation of Fed policy.
Some of the transactions took place during the so-called blackout periods around Fed meetings, when trading is even more strictly regulated.
The rules are designed to avoid the appearance that Fed officials are trading on inside information.
Kugler says the trades were made by her husband, without her knowledge.
News of the stock trades may explain Kugler's decision to quit the Fed in August, almost six months before her term expired.
Her resignation gave President Trump an early opening to install White House economist Stephen Myron on the Fed board,
where Myron has echoed the president's call for more aggressive interest rate cuts.
Scott Horsley, NPR News, Washington.
Paperwork released by the Office of Government Ethics shows Adriana Kugler bought and sold individual stocks last year in violation of Fed policy.
Some of the transactions took place during the so-called blackout periods around Fed meetings, when trading is even more strictly regulated.