Government And Institutions

Malaysia's central bank says the ringgit, which plunged 14.4 percent against the U.S. dollar since September, is sharply undervalued but ruled out reintroducing capital controls.

U.S. stocks fell sharply as fears of over possible interest rates hikes by the Federal Reserve roiled financial markets around the globe.

Global stock markets dipped Tuesday as the prospect of higher U.S. interest rates dimmed the outlook for equities and boosted the dollar.

Most business economists expect the Federal Reserve to raise interest rates in the second half of this year, but say uncertainty over the Fed's plans is no longer slowing U.S. economic recovery, according to a new survey.

Supporters of President Barack Obama's trade agenda are battling opponents' demands that China be barred from keeping its currency value artificially low.

Global stocks fell Monday after strong U.S. jobs data increased chances that the Federal Reserve will move up its timetable for raising interest rates.

In 2009 the stock market was filled with panic.

Asian stock markets fell Monday after strong U.S. jobs data increased chances that the Federal Reserve will raise interest rates sooner.

Asian stock markets were higher on Friday as investor sentiment was boosted by the European Central Bank's growth forecast upgrade and expectations for a solid increase in U.S. employment.

Official data show that Switzerland's economy expanded by a stronger-than-expected 0.6 percent in the fourth quarter, the last before the country's central bank abandoned its effort to cap the Swiss franc's value against the euro.

Federal Reserve Chair Janet Yellen has met with a group of conservative activists who are unhappy with the central bank's conduct of interest-rate policies.

All times are Eastern MONDAY, March 2 WASHINGTON — Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.

U.S. financial markets drifted in morning trading Thursday, with energy stocks among the biggest decliners as crude oil prices fell.

Over two days of testimony to Congress, Federal Reserve Chair Janet Yellen was grilled on everything from the direction of interest rates to the health of the economy to "Audit the Fed" legislation supported by Republicans.

U.S. financial markets eased back from record highs in early trading Wednesday.

Federal Reserve Chair Janet Yellen has come under fire from House Republicans, who challenged the central bank's independence in her second day of testimony to Congress.

World stocks were mostly higher and the dollar strengthened Tuesday as investors awaited remarks from U.S. Federal Reserve Chair Janet Yellen and the Greek government prepared to unveil reforms aimed at winning final approval for extended rescue loans.

U.S. stocks were drifting between small gains and losses in early trading Tuesday, as investors monitored the latest batch of corporate earnings and economic news.

After winning praise for how she handled her first year as head of the Federal Reserve, Janet Yellen is facing a tougher challenge this year.

After years of sounding reassuring notes about the need to keep interest rates at record lows, the Federal Reserve is finding the shift to an era of pending rate hikes a tricky and complicated one.