Dallas Fed president supports winding down stimulus when coronavirus crisis eases
Dallas Federal Reserve President Robert Kaplan said on Thursday he sees no need to expand the central bank’s asset purchases to bolster the economic recovery and instead signaled support for winding stimulus down when the coronavirus crisis eases.
Fed ramped up deliberations over low-rate promises
Federal Reserve officials wrestled last month with how to apply their new policy framework to an economy battered by the coronavirus pandemic.
Fed's Powell urges more federal stimulus to help economy recover from coronavirus pandemic
Federal Reserve Chairman Jerome Powell urged lawmakers to provide the pandemic-stricken economy with more fiscal support in order to sustain the nation's early recovery.
Coronavirus forces Fed to extend ban on bank stock buybacks, dividends
The Fed is keeping a lid on bank dividend hikes and stock buybacks.
Stock futures trade mixed ahead of jobless claims report
In addition to jobless claims, investors will also get the latest data on new home sales
PPP round 2 could do a lot to support small business, Fed chair Powell says
PPP is a better option than the Fed's lending facility, Powell said.
Gold price flushes below $1,900
Gold prices on Wednesday fell below $1,900 an ounce for the first time in nearly two months amid continued strength in the U.S. dollar.
Stock futures trade higher adding to gains
Investors will get fresh reports on manufacturing and services
Powell and Mnuchin voice optimism but back more economic aid
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession.
Stock market live update: Tech rebounds ahead of Powell, Mnuchin testimony
Follow LIVE stock market action with the FOX Business blog.
US household net worth hits highest level ever
A resurgent stock market and fiscal stimulus propelled the net worth of U.S. households to the highest level ever in the second quarter, despite a record drop in the previous three months caused by an economic shock from the pandemic.
3 things to do immediately if you have no retirement savings
Here are three things you can do to set yourself up for retirement if you haven't begun saving yet.
Tech sparks sell-off as Apple, Amazon pace drop
Mega-cap tech stocks led the Nasdaq lower.
Stock futures plunge as Fed gives no stimulus indication
The Thursday data includes jobless claims and building starts
Fed signals interest rates will stay near zero through 2023 to bolster US economy
The Federal Reserve concluded its final policy-setting meeting before the November presidential election on Wednesday with a renewed pledge to continue taking aggressive action to support the U.S. economy.
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.