Economy

Policy: Economy

Stocks end higher, extending a modest rally

04/15/14 04:15 PM

NEW YORK (AP) — Stocks managed to close with modest gains on Wall Street after a day of up-and-down trading. Coca-Cola rose 4 percent after reporting higher sales of non-carbonated beverages. Johnson & Johnson rose 2 percent after its income rose. Toll Brothers and other homebuilders fell...
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Inflation rebounds in March to 1.5 percent annually, quieting fears of disinflation

By Joseph Lawler | 04/15/14 09:31 AM

Inflation rebounded in March to 1.5 percent year-over-year, the Bureau of Labor Statistics reported Tuesday, in a development that will help allay fears that the economy is too weak to prevent ongoing disinflation despite the Federal Reserve's stimulus efforts. Headline inflation had slowed to...
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Janet Yellen signals more aggressive stance toward banks

By MARTIN CRUTSINGER | 04/15/14 03:00 PM

WASHINGTON (AP) — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and...
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