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U.S. Employers Slowed Pace of Hiring in December

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The pace of hiring slowed a bit in the final month of 2017, but remained robust for the year as a whole and the jobless rate held at a 17-year low, signs the broader labor market maintained plenty of momentum going into the new year.

Possible Fed Leaks Prompted Warning From Bernanke in 2012

Former Fed Chairman Ben Bernanke told colleagues at an October 2012 policy meeting that the recent disclosure of sensitive Fed policy deliberations was "probably unintentional," but warned that such lapses could damage the central bank's credibility, according to meeting transcripts.

U.S. Service-Sector Activity Grew More Slowly in December

The U.S. service sector lost momentum during the last two months of 2017, but still expanded at a healthy pace.

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U.S. Stocks Extend Strong New Year Start

U.S. stocks extended their new year rally Friday, with the S&P 500 and Dow industrials on track to notch their best start to a year since 2013.

Fed Releases Transcripts of 2012 Policy Meetings

The Federal Reserve's transcripts of its policy meetings in 2012 provide a window to officials' behind-the-scenes policy debates in a year when they unleashed a third round of bond purchases aimed at boosting the then-fitful U.S. economic recovery.

Fed's Mester Sees Inflation Returning to 2% Target in Next Several Years

Federal Reserve Bank of Cleveland President Loretta Mester said she's expecting weak inflation levels to move higher over time.

Powell Backed Fed's Bond-Buying Plan With Reservations in 2012

Federal Reserve governor Jerome Powell supported a proposal to begin open-ended purchases of mortgage-backed securities to spur the economy in September 2012, but expressed queasiness over the longer-run risks of the policy measure, according to meeting transcripts.

Fed's Harker: Two Rate Rises in 2018 Likely Appropriate

Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he is expecting the U.S. central bank to raise rates fewer times in 2018 than it did the year before.

East Coast Works to Clear Snow, Preparing for Extreme Cold

The East Coast began shoveling out of the fierce winter storm Friday, while preparing for the next punch: a blast of dangerously frigid air that will last through the weekend.

U.S. Trade Gap Grew 3.2% in November

The U.S. trade gap rose to a nearly six-year high in November, driven by a surge in imports as upbeat American households stepped up purchases of cellphones, household items and other products.

(END) Dow Jones Newswires

January 05, 2018 15:15 ET (20:15 GMT)