08/21/14 05:00 PM
NEW YORK (AP) — The stock market advanced for a fourth straight day Thursday, pushing the Standard & Poor's 500 index to a record high. Investors were encouraged by news that the number of people seeking unemployment benefits remains at a multi-year low. Hewlett-Packard rose after delivering...
08/20/14 04:15 PM
WASHINGTON (AP) — Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates. Minutes of the Fed's discussion at its July 29-30...
08/20/14 04:15 PM
NEW YORK (AP) — A late round of buying is leaving stock indexes mostly higher. Bond prices fell, sending yields higher, on word that Federal Reserve policymakers were leaning toward raising interest rates. The Dow Jones industrial average rose 59 points, or 0.4 percent, to close at 16,979...
By Joseph Lawler | 08/20/14 03:17 PM
Most Fed officials expect that job gains will continue to accelerate and inflation will start rising in 2014.
08/20/14 01:16 PM
WASHINGTON (AP) — Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his...
08/20/14 12:15 PM
NEW YORK (AP) — U.S. stocks are drifting in midday trading as traders wait for the latest news from the Federal Reserve. The Dow Jones industrial average rose 30 points, or 0.2 percent, to 16,950 as of noon Eastern time Wednesday. The Standard & Poor's 500 index was up two points, or 0.1...
By Joseph Lawler | 08/19/14 09:17 AM
Although consumer inflation, as measured by the Consumer Price Index, slowed in July, it also has now been above 2 percent annually for longer than any time since 2012.
By Lawrence Kudlow | 08/18/14 08:40 PM
The sooner we truly give up on Keynesianism, the sooner we can fix this economy.
By Joseph Lawler | 08/18/14 04:29 PM
A bipartisan group of Congress' most vocal lawmakers on matters of financial regulation is challenging Federal Reserve Chairwoman Janet Yellen over the central bank's commitment to avoiding future bailouts.
By Ed Sykes | 08/18/14 04:17 PM
This week could be set the tone for the future of the U.S. and international monetary policy, as the world's central bank leaders meet for an annual conference in Jackson Hole, Wyo.
By Joseph Lawler | 08/18/14 08:47 AM
Federal Reserve Chairwoman Janet Yellen is ready to commit to her belief that the central bank can keep money loose without stoking the kind of inflation that would raise the costs of everything for ordinary Americans.
08/14/14 05:15 PM
WASHINGTON (AP) — U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York. Yet the New York Fed also said that loans to borrowers with shoddy credit,...
By Joseph Lawler | 08/14/14 11:04 AM
Americans are increasingly willing to take on credit card debt or to take out loans to buy cars or to go to college, but they're still shying away from the biggest category of consumer credit: home loans.
By Joseph Lawler | 08/08/14 03:54 PM
In a survey of Americans' personal financial situations released by the Federal Reserve Thursday, nearly half of the respondents who majored in computer science or information science said that the costs of college outweighed the benefits.
By Joseph Lawler | 08/05/14 05:47 PM
Federal bank regulators warned 11 big banks Tuesday that their plans for avoiding a financial panic are insufficient.
By Luke Rosiak | 08/21/14
By David Freddoso | 08/20/14
By Becket Adams | 08/21/14
By Byron York | 08/18/14
By Betsy Woodruff | 08/21/14