Category Archives: TenCount

The Federal Reserve left interest rates unchanged at its meeting last month, but it hinted of a growing chance that rates would increase later this year. On Wednesday, Fed watchers will try to read the tea leaves from that session when the Fed releases the minutes of that July meeting, at which one member of… Continue reading →

Washington in August, from a local newspaper in 1800: “The intense heats of the season, actually remind us of the immense superiority which the City of Washington will enjoy, even when it shall become populous, over every other city, perhaps, which ever existed, in its numerous open grounds and the noble spaciousness of its streets… Continue reading →

Now it’s the Democrats’ turn. The Democratic National Convention begins Monday afternoon in Philadelphia, and a feast of well-known names are lined up for prime-time addresses. On Monday, Michelle Obama and Senator Bernie Sanders take to the stage, while on Tuesday the headliner will be Bill Clinton. President Obama and Vice President Biden hold forth… Continue reading →

The House and Senate have five days left before taking off on a seven-week vacation, so naturally they have delayed a major piece of legislation until the last minute. In addition to fights over gun control and Zika funding, both houses are slated to vote this week on a reauthorization of the Federal Aviation Administration,… Continue reading →

Brexit, Brexit, Brexit. Economic news will continue to be dominated this week by discussion of the United Kingdom’s decision to leave the European Union. As currency and other financial markets try to stabilize themselves Monday, the European Central Bank begins a three-day Forum on Central Banking, with the E.C.B. President Mario Draghi, Fed Chair Janet… Continue reading →