Stock futures trade higher ahead of economic data, Fed decision
The Federal Reserve decision will be released Wednesday afternoon
Fed expected to raise economic forecasts, extend vow to keep rates low
Fed Chair Jerome Powell is due to hold a virtual news briefing following the decision
Wall Street’s reality check as runaway market hits wall
The sharp sell-off that began last Thursday has wiped out nearly 7.1% from the S&P 500 as of Tuesday
Consumer borrowing goes up again with 3.6% rise in July
U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months.
The Fed concedes that Trump was right all along
Right now the tilt toward deflation, not inflation, is the enemy of growth and Trump has been saying that for four years.
Varney: America experiencing the 'wealth effect' as stock market rallies
Investors are taking their cue from the retreating virus, and the recovering economy. There is plenty of optimism about the economy, no matter what Joe Biden tells you.
More Fed stimulus needed 'in coming months' to fight pandemic headwinds, Brainard says
The Federal Reserve will need to roll out new efforts “in coming months” to help the economy overcome the impact of the coronavirus pandemic, according to Fed Governor Lael Brainard.
Low unemployment doesn't warrant higher interest rates, Fed's Clarida says
Federal Reserve Vice Chairman Richard Clarida’s comments come on the heels of a Fed announcement last week of a new strategy that will keep the benchmark federal funds rate near zero.
Stock futures mostly higher on prospect of interest rates staying low
Investors will monitor income and spending numbers and a consumer sentiment report
Fed tweaks strategy in nod to record-low interest rates
The Federal Reserve updated is strategy to allow inflation to run above 2% target for "some time."
Stock futures trade lower ahead of Fed speech, GDP report
Discount retailers and PC makers will report earnings
Powell edges toward loosening the Fed's stance on inflation
The Federal Reserve has always operated under the policy of being ready to raise interest rates at the earliest signs of creeping inflation
US economy in recession but seeing 'signs of life': Fed's Esther George
The U.S. is economy is slowly on the mend, says Kansas City Federal Reserve President Esther George.
Stock futures trade mixed following another S&P record
Investors will watch for the latest report on durable goods.
Dollar steadies Monday, as traders look to global economic health
TOKYO - The dollar steadied against major currencies on Monday as traders looked to more data for a gauge on the health of the global economy and the Federal Reserve’s annual Jackson Hole retreat for guidance on the outlook for U.S. monetary policy.
Former Fed staffers urge U.S. Senate to reject Shelton nomination
Four GOP Senators would need to vote no to sink Shelton's nomination.
Stock futures fall on Fed's recovery concerns
Traders will get reports on jobless claims and manufacturing
Fed officials worried about withdrawal of government support, minutes show
The nascent economic recovery faces several risks, Fed officials said during their July meeting.
Coin shortage hits retailers, laundromats, tooth fairy
The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic.
Stocks to surge as coronavirus vaccine boosts economy: Goldman Sachs
The firm believes S&P 500 earnings will be boosted by a sharp rebound in sales and expanding profit margins as the economy recovers and investor confidence gains momentum.