St. Louis Federal Reserve Bank

In a recent development, the St. Louis Federal Reserve has named Alberto Musalem as its new president, following the unexpected resignation of James Bullard. What Happened: The regional bank announced on Thursday that Musalem, 55, an economist and former New York Federal Reserve staff, will replace...

The U.S. unemployment rate ticked slightly higher to 4 percent in January, just off its lowest levels of the past 50 years. While a low unemployment rate is good news for American workers, it has historically been bad news for investors. Two Historical Signals Troughs in unemployment and inversions...

Gold futures sank to their lowest levels since July on Monday -- after a positive report on U.S. manufacturing increased the likelihood the Federal Reserve will taper its $85 billion-per-month bond buying program at the December meeting. ISM Manufacturing PMI The Institute for Supply...