(Reuters) – U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a...
(Reuters) – U.S. consumer prices rose only slightly in July as airline fares recorded their biggest drop since 1995, but tame inflation pressures will probably not...
(Reuters) – U.S. retail sales rebounded in July as households boosted purchases of automobiles and a range of other goods, suggesting the economy was growing solidly early in...
(Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates...
BERLIN (AP) — Swiss bank UBS says it is pleading guilty to wire fraud and is paying $545 million to settle U.S. cases of market...
MATTHEW CRAFT, AP Business Writers PAUL WISEMAN, AP Business Writers NEW YORK (AP) — Nobody knows when exactly, but the day will eventually come when the...
CHRISTOPHER S. RUGABER, AP Economics Writer WASHINGTON (AP) — Fueled by higher stock and home values, Americans’ net worth reached a record high in the final...
Steve Rothwell, ASSOCIATED PRESS NEW YORK (AP) — In 2009 the stock market was filled with panic. The housing market had collapsed. Lehman Brothers had...
(International Business Times) – On Thursday afternoon, 31 of the largest U.S.-based banks got a clean bill of health from the Federal Reserve. In the first round of...
(MarketWatch) – The Federal Reserve Bank of New York, once the most feared banking regulator on Wall Street, has lost power in a behind-the-scenes reorganization...
(Bloomberg) — Janet Yellen is turning from currency traders’ best friend to their biggest foe. The most popular trade in the $5.3 trillion-a-day foreign-exchange market...
(The Huffington Post) – Janet Yellen and the Federal Reserve just declared the U.S. economy well enough to leave intensive care, though it is not...
MATTHEW CRAFT, AP Business Writer NEW YORK (AP) — Major U.S. stock indexes slipped Wednesday after the Federal Reserve said it was shutting down a bond-buying...
MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — The Federal Reserve plans to keep a key interest rate at a record low to support a U.S....
By Marc H. Morial NNPA Columnist “The extent of and continuing increase in inequality in the United States greatly concern me… I think it is appropriate...
(The Washington Post) – The latest meeting of the People Who Influence Everything from Auto Loans to 401(k) Plans — a.k.a. the Federal Reserve Board’s...
MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — The richest 10 percent of Americans were the only group whose median incomes rose in the past three...
WASHINGTON — The Federal Reserve is considering tougher rules for big banks to keep credit flowing in case of another financial crisis, Fed Chairwoman Janet L. Yellen said Tuesday....
WASHINGTON (MarketWatch) — The Federal Reserve has said again and again that it wants to keep interest rates low for a long time. But it keeps fiddling with...
[Los Angeles Times] WASHINGTON — Economists working for U.S. businesses are more optimistic about growth this year and see little effect from the start of healthcare reform or...
CHRISTOPHER S. RUGABER, AP Economics Writer WASHINGTON (AP) — Hopes are rising that consumers will drive stronger growth in 2014 after they stepped up spending at...
By William Spriggs NNPA Guest Columnist Last week the Federal Reserve’s Federal Open Market Committee announced it will ease back on its “pedal to the...
(Reuters) – Foreigners soured on long-term U.S. securities in August, shedding both stocks and government bonds, and China’s Treasury holdings fell to a six-month low, U.S....
[CNBC] Former Treasury Secretary Larry Summers should be at least a little relieved he’s not getting the job. Sunday’s surprise announcement that he was out of...
[BLOOMBERG] Americans are finding it easier to borrow from banks, supporting consumer spending and business investment and helping fuel employment just as U.S. government budget cuts...
