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September 25, 2020
Asian shares gain, cheered by US rally on hopes for stimulus
Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S.
September 24, 2020
Mnuchin and Powell back jobless aid and small business loans
Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top ...
September 23, 2020
Powell faces lawmakers' skepticism on some Fed aid programs
Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced ...
September 23, 2020
Asian shares take breather after Wall Street gains
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the ...
September 22, 2020
Powell, Mnuchin back more aid for economy
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism that the U.S.
September 17, 2020
Asian stocks retreat on lack of new Fed action
Asian stock markets tumbled Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to ...
September 16, 2020
US Federal Reserve adjusts inflation target
The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep ...
September 16, 2020
Top GOP senator says Fed nominee Judy Shelton short on votes
A top Senate Republican on Tuesday said conservative economist Judy Shelton does not have the votes to be confirmed to one ...
September 15, 2020
Federal Reserve to meet after sharp changes to its outlook
Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating ...
August 28, 2020
S&P 500 rises to close out longest weekly win streak of 2020
The gains keep piling up on Wall Street, and the S&P 500 rallied again on Friday to close out its fifth straight winning week
August 27, 2020
Asian stocks mixed ahead of U.S. Fed chair's speech
Asian stock markets retreated Thursday as investors looked ahead to a speech by the U.S. Federal Reserve chairman.
August 19, 2020
Fed officials worried about withdrawal of government support
U.S. consumers lifted their spending in May and June but businesses remained cautious because of the tremendous uncertainty ...
August 06, 2020
Fed should address racial gaps in jobs, income, Dems propose
A group of congressional Democrats introduced legislation Wednesday that would require the Federal Reserve to pursue the ...
July 30, 2020
Asian stocks gain after Fed keep US interest rates low
Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy.
July 29, 2020
Fed wrestles with its next moves as virus stalls US economy
Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the ...
July 23, 2020
Flashpoints emerge as lawmakers negotiate new virus aid
Bipartisan Capitol Hill talks have only just begun on a sweeping renewal of coronavirus legislation, but areas of likely ...
July 22, 2020
Elizabeth Warren's new role: Key Joe Biden policy adviser
Joe Biden accused Elizabeth Warren last year of holding an “angry, unyielding viewpoint.” She embraced that label and slammed ...
July 21, 2020
Senate panel approves Trump's controversial Fed nominee
The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve ...
July 01, 2020
Fed minutes show concerns about severity of downturn
Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the ...
June 30, 2020
Fed's program for loaning to Main Street off to slow start
Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people ...
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