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US consumer spending up slight 0.2 percent
U.S. consumers increased their spending in December at a slower pace, while their income grew by the largest amount in eight years. Income surged ...
Stocks drop as economy put brakes on stock rally
Worries about the economy have slowed a January stock rally. After a month of impressive gains that brought the Dow within 200 points of a record, the ...
Fed says growth pause temporary, keeps up stimulus
The Federal Reserve said Wednesday that the U.S. economy "paused" in recent months because of temporary factors and reaffirmed its commitment to try ...
Oil rises ahead of the release of US indicators
Oil prices rose to near $98 a barrel on Wednesday ahead of the release of more U.S. economic indicators and the conclusion of a meeting of U.S.
Fed's new voting lineup won't likely alter policy
The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be. Chairman Ben Bernanke ...
Fed likely to stick to low-rate message this week
When the Federal Reserve meets this week, it's likely to affirm a message it intends to help lift the economy: that consumers and businesses will be ...
THE RESET: Bernanke keeping foot on stimulus pedal
Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off ...
Financial lobby group warns on emerging markets
A leading lobby group for the world's financial institutions is warning investors not to get caught short in emerging markets if rich-country central ...
Transcripts show Fed underestimated crisis in 2007
Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the ...
Asia stocks rise on signs of improving US economy
Asian stock markets rose Thursday after a Federal Reserve survey found the U.S. economy improved in 2012 and earnings from a handful of big banks far ...
Fed survey: US economy picked up at end of year
Holiday shopping, strong auto sales and a recovering housing market helped boost the U.S. economy from the middle of November through early January, ...
US consumer prices unchanged in December
Lower gas costs offset more expensive food and higher rents to keep a measure of U.S. consumer prices flat last month. The Labor Department said ...
Goldman, Morgan Stanley pay $557M in mortgage case
Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who ...
Banks say new agency's oversight is slow, costly
Bankers and financial industry leaders are criticizing the early efforts of the government's new consumer finance watchdog, saying a slow and ...
Bernanke prods Congress to raise debt ceiling
Federal Reserve Chairman Ben Bernanke said Monday that it's important that Congress raise the nation's borrowing limit before the Treasury runs out ...
Federal Reserve pays government $88.9 billion
The Federal Reserve paid the federal government a record $88.9 billion in 2012. The central bank earned the money from the Treasury bonds and ...
Stocks gain, pushing the S&P 500 to 5-year high
The Standard & Poor's 500 closed at its highest level in five years Friday after a report showed that hiring held up in December, giving stocks an ...
Markets get mild boost from US jobs data
U.S. and European stocks traded only modestly higher Friday after news that the American economy kept creating jobs at the expected rate last month.
Stocks fade after Fed discloses split on stimulus
A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between ...
Fed minutes show some concerns on bond purchases
The Federal Reserve will keep buying bonds indefinitely to try to keep long-term borrowing costs low. It's just not clear how long indefinitely will ...
AP IMPACT: Ordinary folks losing faith in stocks
Andrew Neitlich is the last person you'd expect to be rattled by the stock market. He once worked as a financial analyst picking stocks for a mutual ...
Cheaper gas lowers US consumer prices 0.3 percent
A steep fall in gas costs pushed down a measure of U.S. consumer prices last month, keeping inflation mild. The seasonally adjusted consumer price ...
Stocks lower as investors watch Washington
Stocks sank most of the day Thursday after more signs of tension emerged in federal budget talks. They recovered some of the loss after a late report ...
Top central banks extend dollar-lending program
Major central banks acted Thursday to try to shore up confidence in the global financial system by extending a program that makes it easier for banks ...
Asia stocks up as Japan gets boost from weaker yen
Asian stock markets rose Thursday as a weakening yen propelled Japan's benchmark higher. A new bond-buying program by the U.S. Federal Reserve and ...