- Yellen plans on skipping this year's Jackson Hole conference Updated: May-26-15 7:14 pm
WASHINGTON - It turns out that being the first woman to head the Federal Reserve is not the only tradition Janet Yellen is breaking. The Fed said Tuesday that she plans on skipping this year's gathering of the world's central bankers at Jackson Hole, Wyoming.
- Yellen: 1st rate hike likely by year end if economy improves Updated: May-22-15 3:02 pm
WASHINGTON - Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year - if the job market improves and the Fed is confident inflation will climb closer toward its target rate.
- US consumer prices ticking up as Fed weighs first rate hike Updated: May-22-15 12:14 pm
WASHINGTON - Core consumer prices outside of food and energy posted the biggest increase in April in more than a year, suggesting that an improving U.S. economy is finally starting to lift prices. That could prompt the Federal Reserve to start raising interest rates later this year.
- House lawmaker issues subpoena to Fed in leak probe Updated: May-21-15 8:05 pm
WASHINGTON - A powerful congressman is compelling the Federal Reserve to provide documents related to a possible leak in 2012 of market-moving interest-rate information to a financial newsletter.
- Fed minutes indicate June rate hike unlikely Updated: May-20-15 4:51 pm
WASHINGTON - Federal Reserve policymakers largely agreed when they met last month that it would be too early to start raising interest rates in June, as they debated whether the economy's winter weakness would fade or persist.
- Top US regulators warn of new threats to financial system Updated: May-19-15 6:21 pm
WASHINGTON - The panel created to prevent a repeat of the 2008 financial crisis said Tuesday that banks and other financial institutions are stronger now but regulators must remain alert to new risks including the danger posed from cyberattack.
- Yale gives Fed Chair Yellen doctor of social science degree Updated: May-18-15 1:11 pm
NEW HAVEN, Connecticut - Federal Reserve Chair Janet Yellen has been awarded her second Yale University degree, a doctor of social science.
- Farm finances weaker at start of 2015 Updated: May-18-15 5:06 am
OMAHA, Nebraska - Many farmers in the region are starting off the year in weaker financial shape than a year ago.
- Regaining strength: Emerging-market funds cruising again Updated: May-14-15 4:19 pm
NEW YORK - Emerging-market stock funds are making big moves again, and this time it's in the good way.
- US economy rebounding with solid if unspectacular job gains Updated: May-08-15 5:07 pm
WASHINGTON - Rebounding from a dismal start to the year, the U.S. economy added 223,000 jobs in April, a solid gain that suggested that employers are helping fuel a durable if still subpar recovery.
- US consumer borrowing expanded $20.5 billion in March Updated: May-07-15 3:52 pm
WASHINGTON - Consumers increased their borrowing in March by the largest amount in nearly a year as borrowing on credit cards rebounded following two months of declines.
- Fed Chair Yellen says stock market prices 'quite high' Updated: May-06-15 12:58 pm
WASHINGTON - Federal Reserve Chair Janet Yellen on Wednesday described stock market valuations as high and said the central bank was carefully monitoring their impact on financial stability.
- US productivity drops at 1.9 percent rate in first quarter Updated: May-06-15 8:58 am
WASHINGTON - U.S. worker productivity declined in the first three months of the year as labor costs jumped, reflecting a slowdown in growth.
- Spring awakening: US consumer spending rose in March Updated: Apr-30-15 10:19 am
WASHINGTON - U.S. consumers boosted spending in March by the largest amount in four months, a hopeful sign that this key sector of the economy is reviving after a frigid winter.
- Noting slower economy, Fed appears no closer to a rate hike Updated: Apr-29-15 5:25 pm
WASHINGTON - The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon.
- Bond fund giant Pimco hires Bernanke as adviser Updated: Apr-29-15 1:36 pm
NEW YORK - Pimco has hired former Federal Reserve Chairman Ben Bernanke as a senior adviser, the bond fund manager said Wednesday.