UK economy to slow near-term as Brexit preparations halted
The Bank of England is set to provide its first forecasts of what Britain's Brexit delay will mean for the British economy.
Stocks close down for 2nd day in wake of Fed decision, oil price slump
Stocks end lower for second day in wake of Fed decision, oil price slump.
Caterpillar hikes dividend to record levels as outlook remains rosy
The industrial giant plans to increase its dividend every year for the next four years.
World stocks waver as Fed steers clear of signaling rate cut
Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year.
Where the average US worker can afford to buy a house
Affordability is a challenge no matter what you make, or where you live.
Asian stocks mixed as Fed steers clear of signaling rate cut
Stocks moved broadly higher in early trading on Wall Street Wednesday as large U.S. companies continued to surprise investors with solid profits.
May Day 2019: Workers demand higher wages, rights, respect
Thousands of trade union members and activists are marking May Day by marching through Asia's capitals and demanding better working conditions and expanding labor rights.
How the major US stock indexes fared Wednesday
U.S. stocks gave up some early gains and ended broadly lower Wednesday after the head of the Federal Reserve appeared to play down the possibility of an interest rate cut this year, something some investors had been hoping for.
Business Highlights
___ Many college grads feel their grip on middle class loosening WASHINGTON (AP) — A college degree has long been a ticket to the U.S. middle class.
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.













