| Jan 29, 2015
| 12:59 PM
The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.
Nearly half of U.S. households — 47 percent —...
| Jan 28, 2015
| 6:02 PM
The protesters outside OneWest Bank in Pasadena rankled Chief Executive Joseph Otting.
Their signs — "Don't be a Grinch" and "Jail OneWest Bankers" — were part of a push to have regulators scrutinize the $3.4-billion purchase of the bank...
| Jan 28, 2015
| 11:56 AM
Federal Reserve policymakers kept their benchmark interest rate near zero and reiterated a plan to be patient about future hikes, even though they issued a more upbeat assessment of the U.S. economy.
Fed officials said in a policy statement Wednesday...
| Jan 27, 2015
| 10:30 AM
Presidential aspirants in both parties are talking about saving the middle class. But the middle class can't be saved unless Wall Street is tamed.
The Street's excesses pose a continuing danger to average Americans. And its ongoing use of confidential...
| Mar 2, 2015
| 12:30 PM
Most observers expect the Federal Reserve to raise short-term rates, probably in the second half of the year. But the Fed may delay the decision because of the strong dollar, which is attracting foreign investors and propping up bond prices (which move in...
| Jan 21, 2015
| 5:17 PM
In the summer of 2012, with the euro in crisis and the European experiment of unified government seemingly on the brink, the head of the European Central Bank made a now-famous vow.
"The ECB will do whatever it takes to preserve the euro," Mario...
| Feb 16, 2015
| 2:30 AM
-- Buoyant consumers. With the price of a fill-up falling to its lowest level in 11 years, U.S. consumers will spend $750 less per household on gasoline this year than they did in 2014, the government estimates. That will spur consumer...
| Feb 18, 2015
| 11:36 AM
Federal Reserve policymakers do not appear ready to start raising interest rates anytime soon, with officials expressing concerns about inflation and lingering weakness in the labor market.
Minutes of the Fed's Jan. 27-28 meeting released Wednesday show...
| Jan 20, 2015
| 7:44 AM
The International Monetary Fund on Tuesday upgraded its economic growth forecast for the U.S. based on stronger demand fueled by lower oil prices, but the organization downgraded its global outlook because of continued fallout from the 2008 financial...
| Feb 17, 2015
| 1:30 PM
U.S. stocks closed slightly higher Tuesday as investors continued to monitor talks between Greece and its creditors in hopes that a deal will be reached to keep the country from falling out of the eurozone.
Investments typically considered less risky,...
| Feb 6, 2015
| 5:50 AM
U.S. employers hired at a stellar pace last month, wages rose by the most in six years, and Americans responded by streaming into the job market to find work.
The Labor Department said Friday that the economy gained a seasonally adjusted 257,000 jobs in...