BEIJING (AP) — Global stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the economy.
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the economy.
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the central bank will not start raising interest rates until it believes its goals on maximum employment and inflation have been reached.
BANGKOK (AP) — Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no nee…
FENTON TOWNSHIP, Mich. (AP) — The viral pandemic has triggered a cascade of price hikes throughout America's auto industry — a surge that has made both new and used vehicles unaffordable for many.
TOKYO (AP) — Asian shares were mixed on Monday as hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines were countered by worries about inflation and continuing economic damage.
WASHINGTON (AP) — The Federal Reserve says there's evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic.
BEIJING (AP) — Asian stock markets followed Wall Street lower on Friday after disappointing U.S. jobs and economic data.
PennyGem’s Elizabeth Keatinge tells us why there could be downsides to a post-pandemic supercharged economy.
WASHINGTON (AP) — U.S. wholesale prices surged by a record 1.3% in January, led by big gains in health care and energy prices.
PennyGem’s Elizabeth Keatinge tells us why there could be downsides to a post-pandemic supercharged economy.
Shares fell in Tokyo and Sydney on Friday after stocks closed nearly flat on Wall Street, though the S&P 500 and the Nasdaq composite still logged record highs.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it stood before the pandemic, while signaling little concern about the risk of potentially high inflation or financial-market instability.
WASHINGTON (AP) — U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest.
BEIJING (AP) — Asian stock markets rose Wednesday after Wall Street broke a six-day winning streak.
BOISE, Idaho (AP) — Legislation to allow the Idaho treasurer to invest in gold and silver that must be physically stored in Idaho headed to the full House on Tuesday.
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year.
WASHINGTON (AP) — Hiring has weakened for six straight months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget Office forecast that employment won't regain its pre-pandemic level until 2024.
SILVER SPRING, Md. (AP) — Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy.
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy has faltered in recent months.
President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary. Yellen would be the first woman to lead the Treasury Department.
The Federal Reserve has already slashed interest rates by a half-point to counteract a possible coronavirus-induced economic slowdown.
