Federal Reserve

The U.S. economy expanded at a modest to moderate pace from early April through late May but showed little sign of breaking out of a recent trend of sluggish inflation, a survey conducted by the Federal Reserve showed on Wednesday.

A closely watched gauge of consumer confidence slipped in May, as Americans became less upbeat about the short-term economic outlook.

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.

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.

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."

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."

The S&P 500 and Nasdaq hit record closing highs on Thursday, with the market propped up by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers.

The S&P 500 and Nasdaq hit record closing highs on Thursday, with the market propped up by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers.

Asian shares climbed Thursday after Wall Street advanced overnight into record territory spurred by the latest meeting minutes from the Federal Reserve.

Federal Reserve officials signaled in discussions earlier this month that they would likely begin reducing the Fed's huge portfolio of bond holdings later this year, a step that could cause borrowing rates to rise.

U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon.

U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon.

Members of the Federal Reserve’s policy-setting committee have a plan to reduce its $4.5 trillion balance sheet.

New York state regulators have fined French bank BNP Paribas $350 million, alleging bank employees for years manipulated global currency markets to benefit themselves at the expense of their customers.

Philadelphia Federal Reserve President Patrick Harker discusses the need to boost the U.S. labor force.

Former Federal Reserve Chairman Ben Bernanke discusses he state of the U.S. economy, Federal Reserve policy and the impact of President Trump’s policies.

Mexico's central bank has raised its benchmark interest rate by a quarter-point to 6.75 percent as inflation continues to outpace targets.

Household debt balances rose for the eleventh-consecutive quarter in the first three months of the year, surpassing a pre-crisis peak as mortgage, as auto and student loan balances grew.

Despite this week’s carnage in retail-sector stocks after disappointing same-store sales from a slew of department-store chains including JCPenney, Nordstrom and Macy’s, data from the U.S. government on Friday show shoppers are still spending – just not in physical retail stores.

Despite this week’s carnage in retail-sector stocks after disappointing same-store sales from a slew of department-store chains including JCPenney, Nordstrom and Macy’s, data from the U.S. government on Friday show shoppers are still spending – just not in physical retail stores.