Federal Reserve

The European Central Bank has dealt a setback to Bulgaria's hopes of soon joining the euro, saying the European Union's poorest country needs "wide-ranging" reforms to put its economy in shape.

As the number of Venezuelans fleeing their country's deepening economic and humanitarian crisis climbs, a burgeoning lifeline for those back home is emerging — remittances.

Richard Clarida, President Donald Trump's nominee for the No. 2 post at the Federal Reserve, is pledging support for the Fed's twin goals of stabilizing inflation and maximizing employment while also declaring the importance of the central bank's independence.

It's a good news-bad news situation for small businesses when interest rates rise.

The Fed is forecasting at least two more rate increases this year.

Asian stock markets rallied on Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes.

U.S. stocks edged higher in early trading Thursday, extending solid gains from a day earlier.

The Bank of England is expected to keep interest rates on hold Thursday following a run of soft economic data that has cemented the Britain in the slow lane of the world's big economies.

UK central bank keeps its main interest rate at 0.5 percent amid evidence that economy is slowing.

Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday.

Why quitting your job is helping the economy.

Long-term GDP doesn’t exhibit a powerful growth rate.

Asian shares were mixed on Thursday as investors analyzed the Fed's decision to keep interest rates unchanged and kept an eye out for developments from China-U.S. trade talks in Beijing.

Apple is climbing Wednesday after it announced a huge stock repurchase and solid results in its latest quarter, but U.S. stocks are mostly lower as health care firms fall.

The Federal Reserve is keeping its benchmark interest rate unchanged but says that inflation is climbing after years of being stuck below the Fed's target level.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate.

The central bank said inflation has 'moved closer' to its 2% target.

The Federal Reserve begins a two-day policy setting meeting.

The Federal Reserve is all but sure to leave interest rates unchanged this week, though steady economic growth and inflation pressures will likely keep the Fed on a path toward further rate hikes later this year.

U.S. stocks are rising Thursday morning as Facebook leads a big rally for technology companies.