Fed minutes: Economic conditions "approaching" interest rate hike decision
Federal Reserve officials in their June discussions appeared to move closer to their first interest rate hike in nearly a decade but were concerned that a significant slowdown in China could pose risks to the U.S. economy.
China's main Shanghai stock index falls further, other Asian markets lower
China's main Shanghai stock index fell again on Wednesday, leading Asian stock markets lower a day after a sharp fall rattled investors around the world.
Dallas Federal Reserve bank taps Harvard Business School professor as new president
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 producer prices expected to show small increase in June
The Labor Department reports on U.S. producer price inflation in July at 8:30 a.m. Eastern Friday.
US lawmakers criticize China on currency depreciation, reviving old source of tension
U.S. lawmakers have been quick to condemn the sudden drop in the value of Chinese currency as damaging for American businesses and workers, reviving an issue that was once one of the biggest sources of tension between the two world powers.
Asian stocks lackluster after China trade weakens, US jobs report reinforces rate hike coming
Asian stock markets were lackluster Monday as weak data added to jitters about China's economy and the monthly U.S. jobs report reinforced expectations for a Fed interest rate hike.
Wall Street poised to open slightly lower; jobs data in focus
U.S. stock index futures were pointing toward a lower open Friday, after the U.S. jobs data came in slightly below economists' expectations.
Steady US job gains likely foretell a new era: Higher loan rates for consumers and businesses
A new era of higher rates on home and car loans, steeper borrowing costs for businesses and the government — maybe even a bit more return for savers — is about to arrive.
Average US rate on 30-year mortgage falls to 3.91 percent; 15-year rate down to 3.13 percent
Average long-term U.S. mortgage rates fell for a third straight week amid anxiety over developments in the U.S. economy that lifted bond prices.
US stocks edge higher as energy sector rebounds; Allstate slumps on weak earnings report
U.S. stocks edged higher in early trading Tuesday as energy stocks rebounded from a big sell-off.
US paychecks grow at record-slow pace in 2nd quarter as bonus and incentive pay drops off
U.S. wages and benefits grew in the spring at the slowest pace in 27 years, stark evidence that stronger hiring hasn't boosted pay.
US economy likely rebounded to solid growth rate in spring quarter after harsh winter
After a terrible winter, the economy is improving, with a solid rebound in the spring expected to be followed by stronger growth in the second half of the year.
Fed appears on track to raise rates as early as September but first wants to see further gains
Expectations have grown that sometime this year, the Federal Reserve will raise interest rates from record lows.
Asian stocks higher after Fed leaves rates unchanged, China steady following price plunge
Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low.
Asian stocks higher after Fed leaves rates unchanged, China steady following price plunge
Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low.
US stocks move higher in early trading; investors wait for Fed decision.
Stocks posted modest gains Wednesday, as Chinese shares rebounded and traders wait to hear from the Federal Reserve.
The full text of the Federal Reserve's statement after its meeting Wednesday
Below is the statement the Fed released Wednesday after its latest policy meeting ended: Information received since the Federal Open Market Committee met in June indicates that economic activity has been expanding moderately in recent months.
Fed moves toward raising rates for first time since 2006, but no action is expected yet
The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet.
Fed keeps interest rate unchanged, seeks further economic gains before starting hikes
The Federal Reserve appears on track to raise interest rates later this year but is signaling that it wants to see further economic gains and higher inflation before doing so.
Asian stock markets muted ahead of Fed statement, keep wary eye on China
Asian stock markets were muted Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of a U.S. interest rate hike.






