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Patrice Hill

Patrice Hill

Patrice Hill has been chief economics correspondent at The Washington Times since 1994. She previously was a Washington correspondent for the Daily Bond Buyer and worked for Securities Week and Inside E.P.A. She started her career writing a consumer action column carried by the Riverside Press-Enterprise, Baltimore Sun, Chicago Tribune and other newspapers.

Her feature stories showing how the average guy is affected by significant economic trends have earned more than a dozen awards from the Maryland-D.C. Press Association, the Chesapeake-AP Press Association, the Virginia Press Association and the Society for Professional Journalists. She is a graduate of Oberlin College.

She can be reached at phill@washingtontimes.com.

Articles by Patrice Hill

A commuter departs from Union Station with wind chills nearing minus 30 Fahrenheit on Tuesday, Jan. 7, 2014, in downtown Chicago.  Dangerously cold polar air snapped decades-old records as it spread Tuesday from the Midwest to southern and eastern parts of the U.S. and eastern Canada, making it hazardous to venture outside and keeping many schools and businesses closed. (AP Photo/Andrew A. Nelles)

Frigid weather strains fuel supplies at U.S. utilities

Utilities in the Mid-Atlantic and Northeast came uncomfortably close Tuesday to running out of fuel as the worst Arctic cold blast in two decades drove demand for electricity and home heating to record highs. Published January 7, 2014

Yellen

Yellen is handed reins to Fed in bumpy ride to end stimulus

With the Senate's approval Monday of Janet Yellen to become the first female Federal Reserve chair at the end of the month, she takes on the difficult mission of smoothly ending the unprecedented $4 trillion of stimulus programs launched by her predecessor, Ben S. Bernanke. Published January 6, 2014

FILE - In this Nov. 14, 2013, file photo, Federal Reserve Board Chair nominee Janet Yellen testifies on Capitol Hill in Washington before the Senate Banking Committee hearing on her nomination. Democrats begin a drive this week to muscle a half dozen of President Barrack Obama's Republican-opposed nominees through the Senate after clamping shackles on traditional minority party rights in last month's power play against the GOP. Republicans, however, still have some tools for grinding the Senate's work to an excruciatingly slow crawl. (AP Photo/Jacquelyn Martin, File)

Senate confirms Yellen as next Fed chairman

The Senate Monday voted 56 to 27 to confirm Federal Reserve Board vice chairman Janet Yellen as the next chairman, succeeding Ben S. Bernanke when he departs Jan. 30. Published January 6, 2014

A trader on the floor at the New York Stock Exchange gets into the New Year's spirit during an abbreviated trading session, capping a stellar year for U.S. stock markets. (associated press)

Stock market caps best year of century

The stock market put in a stellar performance in 2013, with major indexes soaring to all-time highs and posting gains of nearly 30 percent — the best since the 1990s. Investors are betting that a detente in Washington's fiscal wars will allow the U.S. economy to pick up some steam in 2014. Published December 31, 2013

Associated Press file photo

Consumers warming up amid Christmas cheer

U.S. consumers are cheering up with Christmas approaching and appear set to put in a solid performance during the critical holiday shopping season. Published December 23, 2013

**FILE** New York City Mayor Michael Bloomberg (left) rides in a golf cart driven by President Obama while playing golf at Vineyard Golf Club, in Edgartown, Mass., on the island of Martha's Vineyard on Aug. 27, 2010. (Associated Press)

Congress puts Obama on bumpy road for fast-track trade deals

President Obama has stepped up efforts to negotiate far-reaching trade deals with Asia and Europe in his second term, but he faces an uphill battle next year in Congress to gain the same authority his predecessors had to finalize such agreements. Published December 22, 2013

FILE - In this Feb. 26, 2013 file photo, Federal Reserve Board Chairman Ben Bernanke testifies before the Senate Banking Committee hearing on Capitol Hill in Washington. Most economists think the Fed, after meeting this week, will maintain the pace of its monthly bond purchases to keep long-term loan rates low to spur spending and growth. (AP Photo/Carolyn Kaster, File)

Fed eases up on stimulus bond-buying program

The Federal Reserve gave the first hint that it will ease off the economic accelerator, announcing plans to "modestly reduce the pace" of its asset purchases in 2014. Published December 18, 2013

No-fracking zone: Wastewater from hydraulic fracturing is not welcome at the treatment plant for Niagara Falls, N.Y., which endured the Love Canal crisis of the 1970s. Clashes for water are likely to increase as the world's population and fuel demand grow. (Associated Press)

H2OIL: New fuel technology gulps water, threatens supply

For decades, Americans worried about running out of energy to keep their cars revving and their homes heated, but with technologies making oil, natural gas and other fossil fuels more plentiful, the danger now is that the world might run out of the water needed to produce power. Published December 15, 2013

** FILE ** In this Monday, Nov. 11, 2013, photo, Will Hostetler, a carpenter with Larry Block Builders, carries trim downstairs at a new home under construction, in Pepper Pike, Ohio. (AP Photo/Tony Dejak)

Economic growth jumped to 3.6 percent in summer

The nation's economy overcame a round of federal budget cuts and posted a surprisingly strong 3.6 percent growth rate in the summer quarter, the Commerce Department reported Thursday morning. Published December 5, 2013

ASSOCIATED PRESS
Job applicants line up at the Westchester County Center in White Plains, N.Y., to apply for work in what is shaping up to be the longest recession since the Great Depression. Extended benefits are about to run out for thousands of the unemployed.

Spending on social welfare rose as economy tanked during recession

Spending on social welfare programs soared by $500 billion to $2.1 trillion during the Great Recession, but the increase was almost entirely due to the historic surge in unemployment to 10 percent rather than a liberalization of benefits by the government, according to two studies out this month. Published November 27, 2013

Janet Yellen, of California, President Barack Obama's nominee to become Federal Reserve Board chair, testifies on Capitol Hill in Washington, Thursday Nov. 14, 2013, before the Senate Banking Committee hearing on her nomination to succeed Ben Bernanke. (AP Photo/Jacquelyn Martin)

Banking panel approves Fed's Yellen nomination

The Senate Banking Committee on a strong bipartisan vote of 14 to 8 approved the nomination of Federal Reserve vice chairman Janet Yellen to become the next head of the central bank. Published November 21, 2013

** FILE ** The world headquarters of General Motors Co. in Detroit are pictured in 2009. (Associated Press)

Treasury aims to sell off GM stock by end of year

The Treasury said Thursday it expects to sell its remaining stock in General Motors by the end of the year, ending the government's controversial bailout and takeover of the leading automaker and closing an important chapter in U.S. economic history. Published November 21, 2013

The trial in New York of lawyer Steven Donziger, who brought natives of the Ecuadorean Amazon to court with him in 1999, reaches a climax this week as he defends himself against charges that he engineered a record-breaking $19 billion judgment against Chevron Corp. for contamination of the Amazon rain forest. Ecuador had originally opposed the class-action suit, filed in 1993 on behalf of indigenous Indians and others. (Associated Press)

Chevron trial nears its end

Chevron's fraud case against Steven Donziger reaches a climax this week as the New York celebrity lawyer takes the stand for the first time to defend himself against charges that he engineered a record-breaking $19 billion judgment against the oil company for contamination of the Amazon rain forest. Published November 17, 2013