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.
Fed partnering with MIT to develop "hypothetical digital currency"
The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use
Fed's Daly says loss of enhanced unemployment benefits creates a 'hole' in spending
Daly said recent economic data suggests consumers are already starting to pull back on activities as their benefits shrinks and coronavirus infections rise
Top Fed official suggests US economic recovery may be losing steam
Rosengren raised fresh doubts about the viability of a full economic rebound and said the virus will continue to dictate the speed of the nation's turnaround.
Retail investors scooped up these 5 stocks in July
TD Ameritrade clients took a deliberate approach to stock purchases as the S&P 500 climbed 5.51% during July.
Mall owner Simon Property sees revenue drop from pandemic
America's largest mall operator Simon Property Group Inc (N:SPG) missed Wall Street estimates for revenue and profit on Monday, hurt by unpaid rent from retailers due to the COVID-19 pandemic that also led to a loss of 10,500 shopping days.