Struggle reflects economic recovery in which most new jobs are low paying
Dec 09, 2013
With U.S. unemployment falling to 7%, renewed debate expected at central bank over tapering timeline
Dec 06, 2013
Economists question revised estimate of U.S. GDP
Dec 05, 2013
India’s threat to block the agreement because it would curb food subsidies for the poor could doom trade talks that have dragged on for more than a decade
Dec 04, 2013
Senate Majority Leader Harry Reid used his Democratic majority to alter more than two centuries of U.S. parliamentary tradition by robbing the Senate minority of its ability to block, or “filibuster,” most presidential appointments
Nov 21, 2013
Minutes of the Fed’s October policy meeting, released Wednesday, state that ‘some’ officials believe the pace of bond purchases could be slowed at ‘one of the next few meetings’
Nov 20, 2013
In one of his last speeches as Fed chairman, Bernanke offers no definitive guidance on QE , saying it will depend on the evolution of data over the weeks and months ahead
Nov 20, 2013
Fed Chair says central bank needs to see stronger data to slow its stimulus program
Nov 19, 2013
From the (sometimes dark) fringes of online transactions, a currency strives for legitimacy before U.S. Senate hearing
Nov 18, 2013
Nominee to replace Ben Bernanke as Fed chief cites joblessness as a major reason to keep the central bank’s stimulus measures on full throttle
Nov 14, 2013
Kevin Carmichael is the Report on Business's correspondent in Washington. He has covered finance and economics for a decade, mostly as a reporter with Bloomberg News in Ottawa and Washington.
Kevin Carmichael is the Report on Business's correspondent in Washington. He has covered finance and economics for a decade, mostly as a reporter with Bloomberg News in Ottawa and Washington. A native of New Brunswick's Upper St. John River Valley, Kevin graduated from Carleton University with a combined degree in journalism and political science in 1996.
He joined the Globe and Mail's Ottawa bureau in early 2008, writing extensively about the financial crisis. Kevin was nominated for a 2010 National Magazine Award in business writing for a profile of Canadian Finance Minister Jim Flaherty.