Government And Institutions

Stocks posted modest gains Wednesday, as Chinese shares rebounded and traders wait to hear from the Federal Reserve.

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.

The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet.

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 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.

U.S. stocks were slightly higher in early trading Tuesday following five straight losses.

The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September.

Asian stock markets were rattled Friday by cautious earnings outlooks from U.S. companies and a further deterioration in Chinese manufacturing.

Global stock markets were mostly higher Thursday after Greece passed another bailout hurdle and New Zealand cut interest rates.

The price of gold fell to five-year lows Monday as the dollar remained strong and the Federal Reserve continued to send signals that it plans to raise interest rates soon.

Federal Reserve Chair Janet Yellen says when the Fed begins to raise interest rates, it wants to make sure that it doesn't derail further gains in U.S. jobs and incomes.

The banking sector lead the S&P 500 index higher Wednesday as the biggest among them put up strong quarterly numbers and Federal Reserve Chair Janet Yellen confirmed that the central bank is likely to raise interest rates this year.

The latest on Federal Reserve Chair Janet Yellen's mid-year economic outlook and testimony to Congress (all times local): ___ 10:15 a.m.

Shares of banks rose Wednesday morning as Federal Reserve Chain Janet Yellen told Congress the central bank is likely to raise interest rates this year and as some of the largest banks reported encouraging second-quarter results.

Federal Reserve Chair Janet Yellen will deliver the central bank's mid-year economic outlook this week to Congress, where she will face grilling from House and Senate lawmakers.

Federal Reserve Chair Janet Yellen says she expects to start raising interest rates later this year but stresses that a number of headwinds are still holding back the U.S. economy.

Federal Reserve policymakers last month saw signs that the economy was healing after its winter slump but still wanted more signs of improvement before they began raising interest rates.

The prospect of a Greek crackup isn't so terrifying anymore.

U.S. stocks rose slightly in early trading Thursday as investors look over a mixed report on the job market.

If investors hoped Thursday's U.S. jobs report would give them clarity, they were probably disappointed.