The leader of the Boston Fed said he favors the central bank moving from using interest-rate policy to achieve 2% inflation to a regime that targets a range of price pressures.
Cornelson Lecture coverage: The U.S. Federal Reserve should shore up its ability to fight economic downturns by committing to let inflation run above 2% when times are good, a top policymaker said on Monday.
Ms. Monfries, a 22-year-old senior, died Sunday evening, hours after falling from a tower known to attract thrill-seeking students at the university’s Bronx campus.
At least some children of the parents who were charged in the college admissions scandal have reportedly received letters that notify people that they could be targets of a criminal probe.
A vote happens later this week to create a fund for descendants of the 272 slaves sold by the Jesuit university 181 years ago. It could be a model for other schools.
Lending program for parents of undergraduates has expanded beyond its intended use, leaving many borrowers with debts they struggle to repay, report finds. Co-authors argue Congress should cap borrowing under the Parent PLUS program.