Federal Reserve

The Federal Reserve ordered Wells Fargo on Friday to halt its growth, citing "widespread consumer abuses and other compliance breakdowns" at the bank.

U.S. employers beat expectations of an increase of 180,000 jobs after December's disappointing reading. The unemployment rate held steady at 4.1%, a 17-year low.

The U.S. economy is setting a torrid pace in the first three months of 2018, putting it on track to notch its best quarter since late 2009, a forecast model from the Atlanta Federal Reserve showed on Thursday.

Asian markets were mixed on Thursday with Tokyo stocks higher as the yen weakened against the U.S. dollar.

Amid a booming economy, the Czech Republic's central bank has raised its key interest rate by a quarter point to 0.75 percent.

When Janet Yellen leaves the Federal Reserve this weekend after four years as chair, her legacy will include having shattered a social barrier: She is the first woman to have led the world's most powerful central bank, a position that carries enormous sway over the global economy.

Stocks moved higher in early trading Wednesday after several big U.S. companies reported strong quarterly results.

The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.

___ Fed leaves key rate unchanged at Yellen's final meeting WASHINGTON (AP) — The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.

The U.S. economy will expand at a moderate pace, and the job market will remain strong, policy makers said. The fed funds rate stayed at 1.25% to 1.5%.

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

The Federal Reserve held short-term interest rates steady Wednesday and said it will continue along its path of gradual increases aimed at keeping the economy on track.

The Federal Reserve is expected to leave interest rates unchanged on Wednesday while signaling a gradual tightening of monetary policy later this year.

Car salesmen call it "the payment walk," when a customer wants a new vehicle but is walked instead to the used lot because they can't qualify for a new-car loan.

Tech giants to offer up earnings, while Fed meets for first time in 2018  The stock market is heading into its most exciting, and potentially most volatile, week of the new year as earnings season picks up the pace and the Federal Reserve convenes its first meeting of 2018.

A survey of German business confidence has matched its all-time high, providing more upbeat data ahead of the European Central Bank's policy meeting.

The Latest on the European Central Bank's monetary policy meeting (all times local): 1:45 p.m.

Malaysia's central bank has raised its key interest rate for the first time in four years ahead of general elections due by August.

It would seem like a pretty good time to take over as chairman of the Federal Reserve.

The U.S. Senate on Tuesday voted to confirm Jerome Powell as the next chairman of the Federal Reserve.