Federal Reserve

Stock Selloff A Long Time Coming

The selloff in U.S. stock markets hasn’t exactly come as a surprise. Stock prices, fueled by easy Fed money, had been on a tear for years and analysts had been anticipating some sort of correction.  

Gold Drops After Fed Announces Taper

Gold slid more than 1 percent on Thursday to its lowest since late June after the U.S. Federal Reserve took its first step away from the ultra-loose monetary policy that had helped drive bullion prices to record highs in recent years.

Markets Seek Clues from Fed Speakers

Economic data have been all over the place in recent weeks, leaving investors to focus on clues from the Fed for where markets may be headed.

Still a Recession for Typical American Family?

It’s Fed day, finally! And the government released bleak statistics this week on household income. Plus, don’t tell Versace that home prices are rising. Here is the morning business outlook for Wednesday.

World Bank Keeping Eye on Fed, Ready to Respond

The president of the World Bank said it is watching for any spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise.