| May 15, 2014
| 6:24 AM
The cost of living in the U.S. rose in April by the most in almost a year, a sign inflation may pick up as demand in the world's largest economy recovers from a weak first quarter.
The consumer price index increased 0.3 percent, the biggest advance...
| Mar 4, 2014
| 7:42 AM
Although the Federal Reserve has been criticized for its unprecedented efforts to fight the 2008 financial crisis, former Fed chief Ben S. Bernanke said Tuesday the central bank could have done more.
"Although we have been very aggressive, I think on...
| Mar 18, 2014
| 6:43 AM
WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday.
Over the previous year, the consumer price index has risen 1.1%. The...
| May 7, 2014
| 5:08 PM
Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates.
In Capitol Hill...
| Apr 30, 2014
| 11:18 AM
The Federal Reserve said the economy is gaining momentum as consumers spend more, and said it would continue to trim the pace of bond purchases.
"Growth in economic activity has picked up recently, after having slowed sharply," the Federal Open Market...
| Mar 3, 2014
| 5:33 PM
(Reuters) - The United States has put trade and investment talks with Russia on hold as a rebuke for Russia's incursion into Ukraine, a U.S. official said on Monday.
"We have suspended upcoming bilateral trade and investment engagement with the...
| Mar 19, 2014
| 10:30 AM
Exactly two years ago, I wrote a column titled "Coping in a low interest world". At the time, short-term interest rates were essentially zero and the benchmark 10-year Treasury yield hovered at around 2.4 percent. Soon after, 10-year yields plunged to 40-...
| Apr 6, 2014
| 5:00 AM
Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets.
But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave.
| 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...
| Dec 5, 2013
| 10:02 AM
Chinese authorities on Thursday instructed the country's banks and other financial institutions not to accept bitcoin, an unregulated digital currency that has soared in value amid widespread speculation, state media reported.
China's central bank and...
| Dec 18, 2013
| 11:48 AM
WASHINGTON -- Federal Reserve officials Wednesday described their pullback on a key stimulus program as modest, and at the same time sought to allay any concerns about the central bank's efforts to boost growth by promising to keep short-term interest...
| Nov 13, 2013
| 2:35 PM
WASHINGTON -- The Federal Reserve has helped the nation rebound from the Great Recession, but there still is more work to be done to reduce unemployment and get the economy back on track, Fed chair nominee Janet L. Yellen will tell senators at her...