Fed signals neither a rate hike nor a cut is likely soon
The Federal Reserve is all but sure to keep interest rates on hold Wednesday — and for the foreseeable future — even as President Donald Trump keeps up his attacks on the Fed for not cutting rates.
Small businesses extend streak of erratic job creation
Small business hiring gained in April, extending a run of erratic job creation.
Markets Right Now: Stocks give up early gain, close lower
The latest on developments in financial markets (all times local): 9:35 a.m.
Small businesses extend streak of erratic job creation
Small business owners have been cautious in their hiring ever since the recession.
The Latest: Powell says politics not part of policy decision
The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:45 a.m.
Text of the Fed's statement after its meeting Wednesday
Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate.
Fed keeps interest rates steady, citing muted inflation
Economists expected the U.S. central bank would keep the benchmark federal funds rate at 2.25 percent to 2.5 percent.
California farms are suffering from a labor shortage. Here's why
Despite raising wages -- 86 percent of respondents said they’d hiked wages in order to woo new workers -- hiring in the agricultural sector remains relatively flat.
Fed leaves key policy rate unchanged amid low inflation, reiterates 'patient' approach to changing rates
Fed leaves key policy rate unchanged amid low inflation, reiterates 'patient' approach to changing rates.
Trump hires firm to assess burden of student loan portfolio
The evaluation was triggered by a recent uptick in borrower defaults.
Student debt a problem for individuals, not the US economy: Deutsche Bank
Outstanding student loan debt hit $1.46 trillion at the end of last year.
State of small business more mixed than administration says
As Small Business Week approaches, the nation's smallest companies in the aggregate are by many accounts doing fairly well.
UK's May seeks Brexit deal 'soon' as delayed exit costs rise
The British government is scrapping much-criticized Brexit contracts with ferry companies, at a substantial cost to taxpayers.
Venezuela, a cautionary tale of socialism that started with good intentions
Socialism is quite like robbing Peter to pay Paul—once Peter has no more money and no incentive to make and create more wealth—Paul stops getting paid. Then comes the unrest.
Trump, Dem infrastructure plan weakens US economy, dollar: Market watchers
The $2 trillion investment could lead to cronyism, malinvestment and make-work jobs.
Many college grads feel their grip on middle class loosening
A college degree has long been a ticket to the U.S. middle class.
US manufacturing activity slowed in April
ISM's survey of companies for the index is a sign that economic growth should continue.
Private sector hiring in April blows past Wall Street's expectations
The results precede the release on Friday by the Labor Department of the widely anticipated jobs report.
Fed in focus as markets around world close for holiday
Financial markets were mostly closed in Asia on Wednesday for holidays after Wall Street ended a wobbly trading session with meager gains.
What to expect from the Fed's meeting this week
Most likely, the Fed will provide some additional insight into how they’re assessing the current economic backdrop amid some mixed signals.















