| Oct 29, 2014
| 11:27 AM
Federal Reserve policymakers voted Wednesday to end the central bank's controversial bond-buying stimulus program, determining the economy is strong enough to remove the unprecedented support.
The Fed also kept its benchmark short-term interest rate...
| Oct 28, 2014
| 3:34 PM
That was fast.
After the shocking plunge in the stock market this month, almost all that had been lost has been regained. Now analysts are debating whether that bodes well for the rest of the year or suggests too many investors are taking the stock...
| Oct 23, 2014
| 6:47 AM
Initial claims for jobless benefits jumped last week from a post-Great Recession low, but the average over the past four weeks was the lowest since 2000 for the volatile but closely watched barometer of the labor market.
About 283,000 people filed for...
| Oct 22, 2014
| 5:54 AM
Leticia Vives thought her rise from teller to senior teller to manager during 23 years at Bank of America had earned her staying power, or at least the experience to find work elsewhere.
Still jobless 18 months after being let go in a downsizing move,...
| Oct 22, 2014
| 7:34 AM
Inflation remained in check last month with consumer prices edging up only slightly as low gasoline costs offset higher grocery store bills.
The Consumer Price Index rose 0.1% in September after dropping 0.2% the previous month, the Labor Department...
| Oct 21, 2014
| 2:29 PM
Investors have been preoccupied with the fear of contagion.
But it's not Ebola, which seems to be less alarming in the U.S. this week as no new patients have surfaced and as investors have been buying the airline and cruise line stocks they dumped at...
| Oct 20, 2014
| 5:40 AM
Business economists reported solid but slowing growth at their companies over the summer as gauges of sales, hiring and profit margins fell slightly from the second quarter, according to survey results released Monday.
Despite concerns about economic...
| Sep 25, 2014
| 5:04 PM
Wall Street saw its biggest stock sell-off in two months Thursday as investors worried over rising geopolitical tensions and the prospect of higher interest rates.
The Dow Jones industrial average sank 264.26 points. The plunge was led by tech stocks,...
| Sep 26, 2014
| 3:27 PM
There's still a ways to go before 2014's housing market wraps up, but industry watchers are already looking ahead to next year. So, too, are potential buyers and sellers who decided to sit this year out.
Last week, the Illinois Association of Realtors...
| Oct 1, 2014
| 10:52 AM
The Federal Reserve, the nation's central bank, was established by Congress to regulate the money supply — that is, the value of the dollar, credit and interest rates. And for years now, it has undertaken extraordinary and unprecedented actions to...
| Oct 3, 2014
| 9:19 AM
U.S. employers ramped up hiring in September and the jobless rate fell to a six-year low, bolstering bets the Federal Reserve will hike interest rates in mid-2015.
Friday's report on employment is the most significant gauge of the economy's health...