Steady US job gains likely foretell a new era: Higher loan rates for consumers and businesses
A new era of higher rates on home and car loans, steeper borrowing costs for businesses and the government — maybe even a bit more return for savers — is about to arrive.
Average US rate on 30-year mortgage falls to 3.91 percent; 15-year rate down to 3.13 percent
Average long-term U.S. mortgage rates fell for a third straight week amid anxiety over developments in the U.S. economy that lifted bond prices.
US stocks edge higher as energy sector rebounds; Allstate slumps on weak earnings report
U.S. stocks edged higher in early trading Tuesday as energy stocks rebounded from a big sell-off.
US paychecks grow at record-slow pace in 2nd quarter as bonus and incentive pay drops off
U.S. wages and benefits grew in the spring at the slowest pace in 27 years, stark evidence that stronger hiring hasn't boosted pay.
US economy likely rebounded to solid growth rate in spring quarter after harsh winter
After a terrible winter, the economy is improving, with a solid rebound in the spring expected to be followed by stronger growth in the second half of the year.
Fed appears on track to raise rates as early as September but first wants to see further gains
Expectations have grown that sometime this year, the Federal Reserve will raise interest rates from record lows.
Asian stocks higher after Fed leaves rates unchanged, China steady following price plunge
Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low.
Asian stocks higher after Fed leaves rates unchanged, China steady following price plunge
Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low.
US stocks move higher in early trading; investors wait for Fed decision.
Stocks posted modest gains Wednesday, as Chinese shares rebounded and traders wait to hear from the Federal Reserve.
The full text of the Federal Reserve's statement after its meeting Wednesday
Below is the statement the Fed released Wednesday after its latest policy meeting ended: Information received since the Federal Open Market Committee met in June indicates that economic activity has been expanding moderately in recent months.
Fed moves toward raising rates for first time since 2006, but no action is expected yet
The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet.
Fed keeps interest rate unchanged, seeks further economic gains before starting hikes
The Federal Reserve appears on track to raise interest rates later this year but is signaling that it wants to see further economic gains and higher inflation before doing so.
Asian stock markets muted ahead of Fed statement, keep wary eye on China
Asian stock markets were muted Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of a U.S. interest rate hike.
Global markets stabilize a day after a plunge in China; US opens higher on earnings gains
U.S. stocks were slightly higher in early trading Tuesday following five straight losses.
As Fed meets, it edges toward its first rate increase since 2006, possibly in September
The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September.
Asian stock markets down as China manufacturing weakens, US earnings disappoint
Asian stock markets were rattled Friday by cautious earnings outlooks from U.S. companies and a further deterioration in Chinese manufacturing.
Global stock markets mostly higher as Greece passes new bailout hurdle, New Zealand cuts rates
Global stock markets were mostly higher Thursday after Greece passed another bailout hurdle and New Zealand cut interest rates.
With dollar strong and Fed on track to raise key interest rate, price of gold hits 5-year low
The price of gold fell to five-year lows Monday as the dollar remained strong and the Federal Reserve continued to send signals that it plans to raise interest rates soon.
Yellen says the Fed does not want to hurt job growth or income gains with rate increases
Federal Reserve Chair Janet Yellen says when the Fed begins to raise interest rates, it wants to make sure that it doesn't derail further gains in U.S. jobs and incomes.
Talk out of the Fed confirms higher rates on the horizon, banking sector breaks into sprint
The banking sector lead the S&P 500 index higher Wednesday as the biggest among them put up strong quarterly numbers and Federal Reserve Chair Janet Yellen confirmed that the central bank is likely to raise interest rates this year.


