- Stocks gain as European central bank says it's ready to act Updated: Sep-03-15 4:42 pm
NEW YORK - U.S. stocks moved slightly higher Thursday as markets calmed after a recent bout of turmoil. Investors were encouraged by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed.
- Why Friday's US jobs report could affect Americans' finances Updated: Sep-03-15 3:54 pm
WASHINGTON - With the Federal Reserve edging into the spotlight, Friday's jobs report for August could trigger eventual changes in Americans' financial lives.
- Q&A: What to expect from the Fed on interest rates Updated: Sep-03-15 1:08 pm
NEW YORK - This month's Federal Reserve policy meeting could signal the end of an era.
- Average US rate on 30-year mortgage rises to 3.89 percent Updated: Sep-03-15 10:57 am
WASHINGTON - Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy.
- Fed report shows autos and housing fueling US growth Updated: Sep-02-15 4:31 pm
WASHINGTON - While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.
- Survey: US businesses hired at steady pace in August Updated: Sep-02-15 9:28 am
WASHINGTON - U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found.
- Correction: The Month Ahead story Updated: Aug-31-15 12:35 pm
In a story Aug. 28, about upcoming events, The Associated Press reported erroneously the dates of business events expected in the first week in September.
- Fed Vice Chair Fischer keeps open possibility of Sept. hike Updated: Aug-29-15 4:33 pm
WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade.
- Petra Kvitova Lucie Safarova advance to New Haven final Updated: Aug-28-15 10:32 pm
NEW HAVEN, Connecticut - Second-seeded Petra Kvitova beat third-seeded Caroline Wozniacki 7-5, 6-1 on Friday night to reach the Connecticut Open final for the fourth consecutive year.
- US consumer spending up moderate 0.3 percent in July Updated: Aug-28-15 9:19 am
WASHINGTON - U.S. consumers increased their spending moderately in July, as wages and salaries made their biggest jump in eight months.
- The US economy's second quarter went from solid to stellar Updated: Aug-27-15 6:49 pm
WASHINGTON - The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.
- Fed official says September rate hike 'less compelling' Updated: Aug-26-15 4:29 pm
WASHINGTON - The head of the New York Federal Reserve Bank said Wednesday he's less inclined to support a Fed rate hike in September amid recent global turmoil, including falling oil prices and a slowdown in China.
- As stock prices sink, ordinary Americans keep their heads up Updated: Aug-25-15 6:55 am
WASHINGTON - Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note:
- Fed Up group plans counter Jackson Hole conference Updated: Aug-24-15 5:30 pm
WASHINGTON - Federal Reserve Chair Janet Yellen may be skipping this year's annual gathering of central bank policymakers in Wyoming, but a group of demonstrators will be making their second appearance at the elite gathering. And this year they will be conducting their own teach-in aimed at convincing the Fed that it should not be raising interest rates at its September meeting.
- Survey: Most economists say Fed will raise rates in 2015 Updated: Aug-24-15 2:49 pm
NEW YORK - The vast majority of business economists expect the Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday.
- AP survey: Dimmer outlook for US economy, wages and hiring Updated: Aug-24-15 2:13 pm
WASHINGTON - For much of the economy's fitful and sluggish six-year recovery from the Great Recession, analysts have foreseen a sunnier future: Growth would pick up in six months, or in a year.
- 5 factors that could forestall a Fed rate hike in September Updated: Aug-20-15 12:07 am
WASHINGTON - Thanks to a strengthening U.S. economy, four weeks from now the Federal Reserve is widely expected to engineer its first interest rate hike in nearly a decade. Rates on loans throughout the economy could eventually rise as well.
- US consumer inflation slowed in July Updated: Aug-19-15 9:35 am
WASHINGTON - The biggest drop in airline fares in nearly two decades slowed consumer inflation in July following two months of slightly faster gains.
- Dallas Fed bank taps Harvard professor as new president Updated: Aug-17-15 2:13 pm
WASHINGTON - A professor and associate dean at the Harvard Business School has been selected as the new president of the Federal Reserve Bank of Dallas.
- US factory output climbed in July, lifted by auto production Updated: Aug-14-15 10:20 am
WASHINGTON - Auto plants, clothing makers and plastics factories drove a sharp rebound in U.S. manufacturing in July.
- US producer prices up just 0.2 percent in July Updated: Aug-14-15 9:09 am
WASHINGTON - Prices charged by producers rose more slowly in July, reflecting declines in both food and energy.
- China tries to quell fears of more big devaluations Updated: Aug-13-15 1:16 am
BEIJING - China tried Thursday to quell fears its yuan would fall further, saying it is close to market levels following declines that sparked fears of a "currency war" if other governments respond by pushing down their own exchange rates.
- Q&A: What's behind the China's yuan devaluation Updated: Aug-12-15 5:23 pm
WASHINGTON - The slide continues.
- As Chinese yuan falls more, some see little cause for alarm Updated: Aug-12-15 3:53 pm
WASHINGTON - A free-falling Chinese currency could make China's goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China's exports and complicate the Federal Reserve's decision on whether to raise American interest rates.
- Q&A: What yuan devaluation means for China, other countries Updated: Aug-11-15 11:37 pm
BEIJING - China rattled global financial markets by devaluing its currency in what it said was an effort to make its exchange rate more market-oriented. The yuan's value declined 1.9 percent on Tuesday, its biggest one-day drop in a decade, and dropped a further 1.6 percent on Wednesday. The move could help Chinese companies by making their products less expensive in global markets. U.S. stocks sank, partly on fears about a worsening economic slowdown in China.