- Yellen: Slower rate hikes if economy disappoints Updated: Feb-10-16 1:24 pm
WASHINGTON - The widening fallout from global economic woes may compel the Federal Reserve to slow the pace of future rate hikes, but it doesn't see any immediate need to reverse course and lower rates, Chair Janet Yellen told lawmakers Wednesday.
- The Latest: European markets close up amid Yellen comments Updated: Feb-10-16 12:21 pm
LONDON - The latest on the turmoil global financial markets (all times local):
- US stocks open higher as Fed's Yellen signals caution Updated: Feb-10-16 9:43 am
Stocks are edging mostly higher, setting the market up for its first gain after three down days.
- US businesses post more open jobs; quits rise to 9-year high Updated: Feb-09-16 11:18 am
WASHINGTON - U.S. companies advertised more available jobs in December and more Americans quit, trends that could lift wages in the coming months.
- US drawn against Australia in Fed Cup playoffs Updated: Feb-09-16 9:58 am
LONDON - The United States will travel to Australia in April as they try to win back their place in the top tier of the Fed Cup.
- Venus Williams advances US team in Fed Cup Updated: Feb-07-16 8:00 pm
KAILUA-KONA, Hawaii - Venus Williams clinched victory for the U.S. Fed Cup team against Poland on Sunday in the Group II first round, advancing her team to the World Group Playoff in April.
- Tennis tournament hosts to get refurbished courts Updated: Feb-07-16 4:10 pm
KEAUHOU, Hawaii - The Old Kona Airport Park tennis courts will be refurbished in a partnership between Hawaii County and the United States Tennis Association.
- Bencic, Hingis help Switzerland beat Germany 3-2 in Fed Cup Updated: Feb-07-16 2:31 pm
LEIPZIG, Germany - Belinda Bencic and Australian Open doubles champion Martina Hingis sent Switzerland to the Fed Cup semifinals with a 3-2 win over Germany on Sunday.
- Czech Republic beats Romania 3-2 in Fed Cup Updated: Feb-07-16 1:32 pm
BUCHAREST, Romania - Defending champion Czech Republic beat host Romania 3-2 Sunday to advance to the semifinals of the Fed Cup.
- Garcia tops Giorgi to seal France's Fed Cup win over Italy Updated: Feb-07-16 12:18 pm
MARSEILLE, France - Caroline Garcia followed Kristina Mladenovic's earlier win by beating Camila Giorgi 6-3, 6-4 as France clinched a spot in the Fed Cup semifinals on Sunday with a comprehensive 4-1 win against Italy in their first-round tie.
- Bertens gives Netherlands lead over Russia in Fed Cup Updated: Feb-06-16 12:19 pm
MOSCOW - Four-time Fed Cup champion Russia was on the brink of a surprise first-round defeat to the Netherlands after going 2-0 down on the first day Saturday.
- Many see cause for optimism despite slower US job growth Updated: Feb-05-16 5:12 pm
WASHINGTON - Consider looking past January's so-so job growth.
- Workshop planned in Louisville on brownfield redevelopment Updated: Feb-04-16 4:05 am
FRANKFORT, Kentucky - A Louisville workshop on brownfield redevelopment is being offered for bankers and property development professionals.
- US Bank CEO on economy, interest rates, vanishing branches Updated: Feb-02-16 11:38 am
NEW YORK - Richard Davis, the chief executive of regional banking giant U.S. Bank, took his job at a terrible time: late 2006, just months before the housing bubble began to pop, which quickly led to the financial crisis and the Great Recession.
- Vice chair: Global concerns led Fed to keep rates unchanged Updated: Feb-01-16 1:34 pm
WASHINGTON - A top Federal Reserve official said Monday that increased concerns about the global economic outlook led the central bank to leave a key interest rate unchanged last week.
- US consumer spending flat, savings rate at 3-year high Updated: Feb-01-16 9:21 am
WASHINGTON - U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years.
- US economy likely slowed sharply in October-December quarter Updated: Jan-29-16 3:18 am
WASHINGTON - The U.S. economy likely slowed significantly in the final three months of 2015 - and the picture seems to have grown gloomier in the first few weeks of 2016.
- Fed voices concern about global economic pressures Updated: Jan-27-16 5:11 pm
WASHINGTON - The Federal Reserve sounded a note of concern Wednesday about how global pressures could affect a slowing U.S. economy, while keeping a key interest rate unchanged.
- Kvitova to lead Czechs in 1st round of Fed Cup at Romania Updated: Jan-26-16 6:10 am
PRAGUE - Two-time Wimbledon winner Petra Kvitova will lead defending champion Czech Republic in next month's first round of the Fed Cup at Romania.
- Weak growth and shaky markets put pressure on central banks Updated: Jan-22-16 2:08 pm
WASHINGTON - The world's central banks are under pressure to do something about slumping economies and panicky stock markets.
- US consumer prices fell 0.1 percent in December Updated: Jan-20-16 9:38 am
WASHINGTON - U.S. consumer prices fell in December and rose by the smallest amount in seven years in 2015, reflecting the toll of slumping energy costs.
- Insider Q&A: Allianz strategist Hooper on market turmoil Updated: Jan-18-16 9:34 am
WASHINGTON - Last year was the stock market's first down year since 2008, and this year has opened with a thud. The market is down 8 percent in the first two weeks of trading, the worst start to a year ever.
- Transcripts of 2010 Fed meeting show concerns about leaks Updated: Jan-15-16 6:37 pm
WASHINGTON - Transcripts released Friday show that in the fall of 2010, officials of the Federal Reserve were worried not just about a sluggish economy but also about in-fighting at the Fed and possible leaks of sensitive information.
- US producer prices dipped 0.2 percent in December Updated: Jan-15-16 9:00 am
WASHINGTON - U.S. producer prices fell slightly in December, reflecting a big drop in energy prices. The decline capped a year in which prices at the wholesale level fell, underscoring the continued absence of inflationary pressures.
- Brown University president elected to Boston Fed board Updated: Jan-13-16 4:07 pm
PROVIDENCE, Rhode Island - Brown University President Christina Paxson has been elected to the board of directors of the Federal Reserve Bank in Boston.