In a crummy economy, why are stocks soaring?
Economic growth is pitiful. Unemployment has topped 8 percent for an exhausting 43 months. The nation is careering toward a so-called fiscal cliff, ...

Fed seeking to create wealth, not just cut rates
The Federal Reserve wasn't just trying to drive down interest rates when it announced a third round of bond purchases Thursday. It also wants to make ...

Rising gas prices crimp Americans' spending
Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months. The Federal ...

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 ...

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 ...

Romney returns to criticizing Obama on economy
Republican Mitt Romney accused President Barack Obama on Thursday of "failing American workers" by ignoring Chinese trade violations, and seized on ...
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 ...

Hurricane Isaac sends US jobless claims up to 382K
The number of Americans seeking unemployment benefits jumped to the highest level in two months, although the figures were skewed in part by Hurricane ...

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 ...
Oil prices fall on questions about global economy
The price of oil was in a holding pattern Wednesday as traders questioned the potential benefit of efforts to promote economic growth in the U.S.
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 ...

WHY IT MATTERS: The Economy
The issue: The U.S. economy is weak and the job market brutal. Nearly 13 million Americans can't find work. The national unemployment rate is 8.

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.
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 ...

Stocks barely move; FedEx sinks on profit warning
U.S. stock prices are closing mixed, held in check by a warning from the huge package delivery company FedEx that its profits would be hurt because ...

Stocks end mixed on weak US economic reports
Stocks zigged and zagged after reports that the U.S. economy is weakening at a time when China and Europe are also slowing. The Dow Jones industrial ...

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.
Oil slides on economic concerns
The price of oil slipped Tuesday after a weak report on U.S. manufacturing suggested demand for oil would fall. U.S. benchmark crude fell $1.17 to ...

ECB chief is wielding even more sway than Bernanke
Move over, Ben Bernanke. This is Mario Draghi's moment. The European Central Bank president is overtaking the Federal Reserve chairman — at least for ...
Asia stocks stalled by global economic uncertainty
Asian stock markets wavered Tuesday as uncertainties persisted about what authorities in the U.S., China and Europe might do to deal with a souring ...
Asia stocks rise on expectations of China easing
Asian stock markets rose Monday after a contraction in China's manufacturing boosted expectations of more stimulus to boost the world's second-biggest ...

Oil companies retake nearly 400 platforms in gulf
Energy companies have reoccupied nearly 400 of the production platforms in the Gulf of Mexico that were abandoned in advance of Hurricane Isaac, a ...