| Mar 7, 2014
| 9:07 AM
U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.
Employers added 175,...
| Apr 9, 2014
| 7:01 PM
WASHINGTON — An account of the Federal Reserve's last meeting suggests that policymakers aren't as eager to take away the punch bowl as the market thought.
The minutes of the March 18-19 meeting state that Fed officials worried that their...
| Mar 20, 2014
| 6:02 AM
WASHINGTON -- Initial jobless claims rose a bit to 320,000 last week, but remained low as the effects of severe winter weather continued to ease, according to Labor Department data released Thursday.
The number of people filing for first-time...
| Apr 17, 2014
| 8:25 AM
Initial jobless claims over the previous month hit their lowest level since the start of the Great Recession, indicating the labor market might be nearing a return to normal.
The number of people filing for first-time unemployment benefits rose slightly...
| Mar 20, 2014
| 8:30 AM
Fixed mortgage rates fell early this week, with Freddie Mac reporting the average for 30-year loans dropped to 4.32% from 4.37% last week.
The McLean, Va., housing finance company said lenders were offering 15-year fixed home loans, a popular option for...
| Mar 21, 2014
| 10:02 AM
A week-long rally in the stock market carried the Standard & Poor's 500 index to an intraday record Friday morning, the latest indication that investors worry more about missing potential gains than suffering losses.
Stocks have been buoyed this week by...
| Mar 19, 2014
| 6:07 AM
WASHINGTON -- Janet L. Yellen, who broke the Federal Reserve's glass ceiling, marks two more milestones Wednesday, wrapping up her initial policymaking meeting as chairwoman then facing reporters' questions for the first time since taking office last...
| Mar 19, 2014
| 11:27 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to continue reducing their bond-buying stimulus program and said they no longer would consider raising its near-zero interest rate once the unemployment rate fell below 6.5%.
The Federal Open...
| Apr 15, 2014
| 7:13 AM
WASHINGTON -- The Federal Reserve is considering tougher rules for big banks to keep credit flowing in case of another financial crisis, Fed Chairwoman Janet L. Yellen said Tuesday.
Although officials from the Fed and regulatory agencies approved more...
| Mar 31, 2014
| 10:32 AM
WASHINGTON -- Federal Reserve Chairwoman Janet Yellen, saying the job market is far from normal, made clear Monday that the central bank remains committed to providing extraordinary support for the economy for some time to come.
| Apr 22, 2014
| 8:35 AM
The Federal Reserve's low interest rate policies, designed to stimulate the economy, have cost savers about $758 billion since the end of the Great Recession, according to a study released Tuesday.
Inflation and low returns on deposits have led bank...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....