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T. Gary Rogers, chairman of the San Francisco Federal Reserve Bank, is busy finding a replacement for Janet Yellen, but he also has another big assignment: Selling his vineyard estate in St. Helena, Calif. which has been listed for $20 million. View the entire post here: S.F. Fed Chairman’s ...Read More

The Fed will co-host a conference on the future of housing finance this fall amid intensifying efforts by policy makers and bankers to address a root cause of the financial crisis. View the entire post here: Fed, FDIC Team Up to Examine Future of Housing Finance

In Australia’s otherwise stand out economy, an unlikely saviour for a sluggish retail sector has emerged–reality television. View the entire post here: Australia’s MasterChef Effect

The Fed’s decision to reinvest the proceeds of mortgage-backed securities into Treasurys earlier this month was a signal of steady monetary policy, though officials also raised the possibility of reinvesting in mortgages in the future. View the entire post here: Fed Discussed Reinvesting in Mortgages

Sweden’s top central banker Saturday said the country’s economy looked in good shape despite the slowdown in the global recovery, indicating Swedish interest rates will continue to increase. View the entire post here: Sweden’s Ingves: Economy in Good Shape

Asset purchases by central banks work. That was the conclusion of Charles Bean, deputy governor of the Bank of England, in a paper he presented at the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo., setting off a lively debate among academics and central bankers from around the ...Read More

Economists and others weigh in on July’s plunge in home sales: View the entire post here: Economists React: Home Sales ‘Eye-Wateringly Weak’

A roundup of economic news from around the Web. View the entire post here: Secondary Sources: Bankruptcies, Education, Death of Manufacturing

The job market’s slow recovery was a bit uneven last month, the Labor Department’s report on state employment showed Friday The unemployment rate declined in 18 states and Washington, D.C. compared to a month earlier. The jobless rate rose slightly in 14 states and was flat in 18 others. ...Read More

$11,759: The average monthly wage of newly hired Wall Street bankers at the bottom of the recession. View the entire post here: Number of the Week: Bankers Keep Getting Richer