Federal Reserve

The better-than-expected April jobs report suggests the economy is set for a spring rebound after a weak first quarter, and pushed Wall Street’s odds for a June rate rise to more than 80%.

U.S. stocks are lower Thursday morning as oil prices drop to their lowest in nine months and energy companies take sharp losses.

After a weaker-than-expected March jobs report, which showed job cuts in the retail sector weighing heavily on the overall pace of hiring, Wall Street expects the U.S. economy to have added 185,000 net new jobs last month.

___ Fed leaves rates unchanged but signals further hikes ahead WASHINGTON (AP) — The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.

___ Fed leaves rates unchanged but signals further hikes ahead WASHINGTON (AP) — The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.

The latest on developments in financial markets (All times local): 9:35 a.m.

The latest on developments in financial markets (All times local): 9:35 a.m.

The Federal Reserve on Wednesday held its benchmark interest rate steady at between 0.75% and 1% at the conclusion of its two-day policy meeting, acknowledging the slowing rate of economic growth in the U.S. amid a strengthening labor market and growing levels of inflation.

The Federal Reserve on Wednesday held its benchmark interest rate steady at between 0.75% and 1% at the conclusion of its two-day policy meeting, acknowledging the slowing rate of economic growth in the U.S. amid a strengthening labor market and growing levels of inflation.

The Federal Reserve is leaving interest rates unchanged, while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.

The U.S. Federal Reserve kept interest rates unchanged on Wednesday but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, in a sign it could tighten monetary policy as early as June.

The Federal Reserve Board is set to announce later today whether it will let current interest rates stand or raise them.

The Federal Reserve Board is set to announce later today whether it will let current interest rates stand or raise them.

U.S. stock indexes are little changed Tuesday morning as weak auto sales drag down car makers even as other companies report strong earnings.

The U.S. Federal Reserve is expected to hold interest rates steady at its meeting this week as it pauses to parse more economic data but may hint it is on track for an increase in June.

President Donald Trump has presented two arguments about why he's letting China off the hook from his campaign promise to label it a currency manipulator, an action that would have set the stage for a possible trade war if he had done it.

President Donald Trump has presented two arguments about why he's letting China off the hook from his campaign promise to label it a currency manipulator, an action that would have set the stage for a possible trade war if he had done it.

With the U.S. economy on solid footing and unemployment at a near-decade low, the Federal Reserve remains in the midst of a campaign to gradually raise interest rates from ultra-lows.

Federal Reserve officials are likely to keep interest rates steady at their policy meeting this week and detail about when and how to reduce their large holdings of mortgage and Treasury securities.

The U.S. economy likely slowed significantly in the first three months of the year, though economists foresee a sharp rebound in the current April-June quarter.