Median wealth for younger families down 28 percent, older families wealth up 40 percent since 1989.
In the most recent beige book report, recent economic growth in the St. Louis area is considered “moderate to average.”
The Burgundy Book, a quarterly snapshot of the local economy, shows a decrease in unemployment, which is fueling that positive sentiment.
The head of the Federal Reserve made a stop in St. Louis on Wednesday to kick off a two-day conference on community banking at the Federal Reserve Bank in St. Louis.
Mortgage rates have risen in the past few months putting a slight crinkle in the slowly improving St. Louis market.
K.C. Conway says St. Louis packs the double-punch of being where the rivers, roads and rails converge, and being in the perfect center for air service.
Jon Waldman thinks the activist group “Anonymous” may have hacked into more than just banking executives phone numbers and e-mails.
The Federal Reserve says an internal website was briefly breached by hackers on Sunday.
A recent petition created on the White House’s official page is calling for government to pawn Mount Rushmore to the federal reserve in order to cover the national debt.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.