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THE RACE: Fed move lifts its political profile
The Federal Reserve under Chairman Ben Bernanke is trying to help the economy by doing something President Barack Obama and Congress can't and which ...
World stocks jump on Fed pledge for US economy
World stock markets shot higher Friday after the Federal Reserve met investor expectations by giving the green light to big asset purchases to boost ...
Higher gas costs drive up US consumer prices
More expensive gas drove up consumer prices in August by the most in three years. But outside energy, inflation was tame. The Labor Department said ...
Gas prices, cars push US retail sales up 0.9 pct.
U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious ...
HK worries Fed move will overheat property
The Fed's latest plan to spend billions on securities and keep interest rates near zero is being hailed by investors desperate for economic salvation.
Fed unveils bold, open-ended steps to aid economy
Alarmed by the chronically weak U.S. economy, the Federal Reserve launched an aggressive new effort Thursday to boost the stock market and make ...
Questions and answers on the US Fed's latest moves
The Federal Reserve launched a new mortgage bond-buying program Thursday and said it plans to keep short-term interest rates at ultra-low levels until ...
The Fed steps in, and stocks soar: Dow climbs 206
The stock market staged a huge rally Thursday after investors got the aggressive economic help they wanted from the Federal Reserve. The Dow Jones ...
Bernanke: No specific target for bond purchases
The Federal Reserve does not have a specific economic target for its new stimulus program, Ben Bernanke said Thursday. He said the Fed will keep ...
Oil rises after Fed takes steps to boost economy
The price of oil closed above $98 a barrel for the first time in more than four months after the U.S. Federal Reserve announced aggressive steps to ...
Fed cuts 2012 growth forecast, raises next 2 years
The Federal Reserve has lowered its growth forecast for this year but is more optimistic about the next two years. The brighter outlook likely ...
More expensive gas pushes up US wholesale prices
A sharp rise in gasoline costs drove up wholesale prices last month by the most in more than three years. But outside energy and food, price gains ...
As Fed ends meeting, many expect bold action
The Federal Reserve ends a two-day meeting Thursday with expectations high for some new action to jolt the lackluster U.S. economy. Many investors ...
US stocks rise, and investors wait for the Fed
The stock market edged higher Wednesday after a court cleared the way for Germany to participate in a European rescue fund. Attention shifted to the ...
Expectations high for Fed to announce major action
If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy. And many expect the ...
US stocks rise ahead of Fed meeting
Investors spent Tuesday preparing for two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can ...
US consumers cut credit card use for 2nd month
Americans cut back on borrowing in July for the first time in nearly a year. Credit card use fell for the second straight month, suggesting many ...
Stocks end lower ahead of Fed meeting
Stocks slipped on Wall Street as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve.
Asia stocks tick upward ahead of Fed meeting
Asian stock markets were mostly higher in early trading Monday, with investors betting that the Federal Reserve will likely announce new plans to ...
Hiring slows in August, putting pressure on Fed
American employers cut back sharply on hiring last month, crushing hopes that the job market was improving and putting more pressure on the Federal ...
US stocks rise slightly after weak jobs report
The stock market followed one of its most exciting days of the year with a rather dull one Friday. Indexes barely rose following a weak jobs report, ...
Oil rises as jobs report gives fuel to Fed hopes
The price of oil finished higher Friday as concerns about a disappointing U.S. employment report gave way to the likelihood of action by the Federal ...
Bernanke took advantage of low rates to refinance
The Federal Reserve's record-low interest rates have shrunk income for savers but cut costs for borrowers. Chairman Ben Bernanke is among the ...
Global manufacturing weakness hurts US factories
Manufacturing is weakening around the globe, a trend that is weighing on U.S. growth just as the presidential campaign enters its final stretch. U.S.