Economy

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Federal Reserve cuts another $10 billion, but promises more stimulus

By Joseph Lawler | 07/30/14 02:43 PM

The Federal Reserve continued cutting its monthly bond purchases Wednesday, bringing the monetary stimulus program within months of its end.
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The months around the government shutdown posted the best economic growth of the recovery

By Joseph Lawler | 07/30/14 11:56 AM

Last year's government shutdown coincided with the strongest economic growth of the economic recovery, data released by the Bureau of Economic Analysis Wednesday show.
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Stocks flatten out after Fed delivers no surprises

By MATTHEW CRAFT | 07/30/14 04:39 PM

NEW YORK (AP) — A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday. The news was nearly all good. The government said that the economy grew at a robust 4 percent annual rate this spring....
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