Federal Reserve

China's reserves rise for 4th month

China's foreign currency reserves have risen for a fourth month ahead of a possible U.S. interest rate hike that might put new pressure on Beijing's exchange rate controls.

China's reserves rise for 4th month

China's foreign currency reserves have risen for a fourth month ahead of a possible U.S. interest rate hike that might put new pressure on Beijing's exchange rate controls.

Private sector job growth 'rip-roaring' in May: ADP

Job gains in the private sector far outpaced expectations in May, payroll processor ADP said Thursday, adding to sentiment that the U.S. economy is seeing a rebound in the second quarter from a sluggish first three months of the year.

First-quarter economic growth revised up to 1.2%

The consumption slowdown in the first three months of the year wasn’t as bad as first feared, data from the Commerce Department’s Bureau of Economic Analysis showed in its second read on first-quarter gross domestic product Friday.

First-quarter economic growth revised up to 1.2%

The consumption slowdown in the first three months of the year wasn’t as bad as first feared, data from the Commerce Department’s Bureau of Economic Analysis showed in its second read on first-quarter gross domestic product Friday.

Fed's Bullard: U.S. inflation path since 2012 is worrisome

The current level of U.S. prices is noticeably lower than what it would be if the Federal Reserve had delivered on its 2-percent inflation target, St. Louis Federal Reserve President James Bullard said, calling the trend "worrisome."

Fed's Bullard: U.S. inflation path since 2012 is worrisome

The current level of U.S. prices is noticeably lower than what it would be if the Federal Reserve had delivered on its 2-percent inflation target, St. Louis Federal Reserve President James Bullard said, calling the trend "worrisome."