Federal Reserve

European Central Bank head Mario Draghi says the bank's stimulus efforts need to be "persistent" even as the economy recovers and that any scaling back of support has to come gradually.

A recent slowdown in U.S. inflation was mainly due to one-off factors and should not prevent further increases in interest rates, a top U.S. central banker said on Monday.

A recent slowdown in U.S. inflation was mainly due to one-off factors and should not prevent further increases in interest rates, a top U.S. central banker said on Monday.

Thirty-four of the biggest U.S. banks have the financial strength to survive the next global recession, the Federal Reserve said on Thursday.

Mexico's central bank has raised its benchmark interest rate a quarter-point to 7 percent in an effort to limit inflation.

The U.S. Treasury yield curve is flashing warning signs on the economy, pointing to a less optimistic prediction for longer-term economic growth at the same time as Federal Reserve officials are adopting a more aggressive tone on raising interest rates.

Obsessing over the central bank's 2% inflation target is short sighted, said BlackRock’s chief investment officer of global fixed income, Rick Rieder.

Fed Vice Chairman Stanley Fischer urged global policy makers to continue efforts to strengthen the resilience of their housing markets.

Nearly everything has come up a winner for investors this year.

Nearly everything has come up a winner for investors this year.

___ Experts: Uber must make changes at top to fix culture woes DETROIT (AP) — Uber must get rid of leaders who tolerate bad behavior and hire people who don't — including up to the chief executive — experts say, as the ride-hailing company gets ready to announce significant changes to its culture and management.

___ Experts: Uber must make changes at top to fix culture woes DETROIT (AP) — Uber must get rid of leaders who tolerate bad behavior and hire people who don't — including up to the chief executive — experts say, as the ride-hailing company gets ready to announce significant changes to its culture and management.

Asian stocks were mixed Friday as a tech sell-off overnight on Wall Street shaded sentiment among investors who continued to focus on central bank policies, including Japan's decision Friday to keep its ultra-lax monetary stance intact.

Asian stocks were mixed Friday as a tech sell-off overnight on Wall Street shaded sentiment among investors who continued to focus on central bank policies, including Japan's decision Friday to keep its ultra-lax monetary stance intact.

The Bank of Japan has opted to keep its lax monetary policy intact, while noting signs of improvement in the world's third largest economy.

The Bank of Japan has opted to keep its lax monetary policy intact, while noting signs of improvement in the world's third largest economy.

Shares fell in Asia on Thursday after the U.S. Federal Reserve raised interest rates, as expected.

Everything is awesome for investors.

Everything is awesome for investors.

Credit card holders will soon pay more.