NORTH AMERICA, Economic Data

Minutes of Board discount rate meetings from April 2 through April 23, 2012

Minutes of Board discount rate meetings from April 2 through April 23, 2012 Read More | View Original Article

Federal Reserve Board announces termination of enforcement action with Guaranty Bancorp and Guaranty Bank and Trust Company

Federal Reserve Board announces termination of enforcement action with Guaranty Bancorp and Guaranty Bank and Trust Company Read More | View Original Article

DOL provides grant to assist Hawaii with clean-up and recovery efforts on Kauai following severe storms, flooding and landslides

The U.S. Department of Labor today announced a $400,000 National Emergency Grant to assist with clean-up and recovery efforts in the wake of the severe storms, flooding and landslides that hit the Hawaiian islands of Kauai and Maui between March 3 and 11. Read More | View Original Article

DOL's OSHA announces intent to establish Whistleblower Protection Advisory Committee

The U.S. Department of Labor’s Occupational Safety and Health Administration today announced its intent to establish a Whistleblower Protection Advisory Committee. The committee will advise, consult with and make recommendations to the secretary of labor and the assistant secretary of labor for occupational safety and health on ways to improve the efficiency, effectiveness and transparency of OSHA’s administration of whistleblower protections. Read More | View Original Article

DOL's MSHA files complaint against mining company in Thomaston, ME, to reinstate miner unlawfully discharged

The U.S. Department of Labor's Mine Safety and Health Administration has filed a complaint with the Federal Mine Safety and Health Review Commission against Ferraiolo Construction Inc. to reinstate a worker to his former position and provide compensation for wages lost as a result of his being unlawfully fired. Read More | View Original Article

Federal Reserve Board announces termination of enforcement action against BankTennessee Bancshares and BankTennessee

Federal Reserve Board announces termination of enforcement action against BankTennessee Bancshares and BankTennessee Read More | View Original Article

Unemployment Insurance Weekly Claims Report

In the week ending May 12, the advance figure for seasonally adjusted initial claims was 370,000, unchanged from the previous week's revised figure of 370,000. The 4-week moving average was 375,000, a decrease of 4,750 from the previous week's revised average of 379,750. Read More | View Original Article

Minutes of the Federal Open Market Committee, April 24-25, 2012

Minutes of the Federal Open Market Committee, April 24-25, 2012 Read More | View Original Article

FOMC announces revised tentative 2012 meeting schedule and tentative 2013 meeting schedule

FOMC announces revised tentative 2012 meeting schedule and tentative 2013 meeting schedule Read More | View Original Article

Joint VA/Labor Department program launches to retrain 99,000 unemployed veterans

Unemployed veterans between the ages of 35 and 60 can now apply for new benefits to cover education costs for up to one year through a joint U.S. Department of Veterans Affairs and U.S. Department of Labor program that focuses on retraining 99,000 veterans for high-demand jobs.  Read More | View Original Article

DOL alleges Idaho plan administrator misused funds

The U.S. Department of Labor has filed a complaint in the U.S. District Court for the District of Idaho against Matthew D. Read More | View Original Article

DOL provides grant increment to continue assisting Florida workers impacted by end of Space Shuttle Program

The U.S. Department of Labor today announced a $7.2 million National Emergency Grant increment to continue providing re-employment assistance to approximately 3,200 workers in Florida who were affected by layoffs resulting from the termination of NASA’s Space Shuttle Program. Read More | View Original Article

DOL provides grant to assist Idaho workers affected by closure of Clearwater Paper's sawmill in Lewiston

The U.S. Department of Labor today announced a $947,841 National Emergency Grant to provide re-employment services to about 125 workers affected by the closure of Clearwater Paper Corp.’s sawmill in Lewiston, Idaho. Read More | View Original Article

DOL provides grant to assist workers in US Virgin Islands affected by closure of oil refinery owned by territory's largest employer

The U.S. Department of Labor today announced a $7,842,250 National Emergency Grant to assist more than 1,200 workers affected by layoffs that resulted from the closure of the Hovensa oil refinery on St. Croix in the U.S. Virgin Islands. Hovensa was the largest private employer in the U.S. Virgin Islands and operated one of the largest oil refineries in the Western Hemisphere. Read More | View Original Article

Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on May 14, 2012

Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on May 14, 2012 Read More | View Original Article

Federal Reserve Board issues enforcement action against Grand Bankshares

Federal Reserve Board issues enforcement action against Grand Bankshares Read More | View Original Article

DOL action restores nearly $1.3 million to employee pension plan

The U.S. Department of Labor has reached an agreement with a California fruit and nut company to restore a total of $1,287,901 to the company’s pension plan. In a consent judgment entered this month in the U.S. District Court’s Central District in Los Angeles, officers of Los Angeles-based Western Mixers Inc. agreed to restore $802,901to participants’ accounts within 10 days. During the course of the investigation leading up to the lawsuit, the company repaid to the plan $485,000 of the total funds identified as missing. Read More | View Original Article

Agencies clarify supervisory expectations for stress testing by community banks

Agencies clarify supervisory expectations for stress testing by community banks Read More | View Original Article

Agencies finalize large bank stress testing guidance

Agencies finalize large bank stress testing guidance Read More | View Original Article

Texas Job Corps students create unique awards designed to honor work and accomplishments of DOL employees nationwide

Unique, handcrafted awards honoring the service and dedication of U.S. Department of Labor employees nationwide have been created by students from the Gary Job Corps Center in San Marcos, Texas, with the first presentation of the awards made today by Secretary of Labor Hilda L. Solis during a ceremony at the department's headquarters in Washington. Read More | View Original Article

Federal Reserve Board issues enforcement actions with AB&T Financial Corporation and ACME Holding Company, Inc.

Federal Reserve Board issues enforcement actions with AB&T Financial Corporation and ACME Holding Company, Inc. Read More | View Original Article

U.S. International Trade in Goods and Services, March 2012

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total March exports of $186.8 billion and imports of $238.6 billion resulted in a goods and services deficit of $51.8 billion, up from $45.4 billion in February, revised. March exports were $5.3 billion more than February exports of $181.5 billion. March imports were $11.7 billion more than February imports of $226.9 billion. Full Text Read More | View Original Article

Unemployment Insurance Weekly Claims Report

In the week ending May 5, the advance figure for seasonally adjusted initial claims was 367,000, a decrease of 1,000 from the previous week's revised figure of 368,000. The 4-week moving average was 379,000, a decrease of 5,250 from the previous week's revised average of 384,250. Read More | View Original Article

Federal Reserve Board announces its approval of the application by Industrial and Commercial Bank of China Limited, China Investment Corporation, and Central Huijin Investment Ltd.

Federal Reserve Board announces its approval of the application by Industrial and Commercial Bank of China Limited, China Investment Corporation, and Central Huijin Investment Ltd. Read More | View Original Article

Federal Reserve Board announces its approval of the application by Bank of China Limited

Federal Reserve Board announces its approval of the application by Bank of China Limited Read More | View Original Article

Federal Reserve Board announces its approval of the application by Agricultural Bank of China Limited

Federal Reserve Board announces its approval of the application by Agricultural Bank of China Limited Read More | View Original Article

Federal Reserve offers $3 billion in 28-day term deposits through its Term Deposit Facility

Federal Reserve offers $3 billion in 28-day term deposits through its Term Deposit Facility Read More | View Original Article

DOL's Office of Disability Employment Policy announces 2012 theme for National Disability Employment Awareness Month

The U.S. Department of Labor’s Office of Disability Employment Policy today announced the official theme for October’s National Disability Employment Awareness Month: “A Strong Workforce is an Inclusive Workforce: What Can YOU Do?” The theme promotes the benefits of a diverse workforce that includes workers with disabilities, who represent a highly skilled talent pool. Read More | View Original Article

DeMoulas Super Markets agrees to correct hazards, enhance employee safety at all Market Basket stores in Massachusetts and New Hampshire

The U.S. Department of Labor has reached a settlement with DeMoulas Super Markets Inc. in which the Tewksbury grocery chain has agreed to correct all hazards and take substantive steps to enhance safety and health measures for employees at all of the chain’s more than 60 Market Basket stores in Massachusetts and New Hampshire. The settlement resolves litigation that followed citations carrying $589,200 in fines issued by the department’s Occupational Safety and Health Administration in October 2011 after OSHA inspections identified widespread fall and laceration hazards at the stores. Read More | View Original Article

DOL awards nearly $65.5 million to fund re-employment, eligibility assessments for Unemployment Insurance in 40 states, Puerto Rico and DC

The U.S. Department of Labor today awarded nearly $65.5 million in grants to 40 states, Puerto Rico and the District of Columbia to implement and/or continue re-employment and eligibility assessments for Unemployment Insurance beneficiaries. Read More | View Original Article