| Feb 5, 2015
| 7:39 AM
U.S. worker productivity went into reverse in the final three months of the year, while labor costs increased.
Productivity, the amount of output per hour of work, fell at 1.8 percent rate in the fourth quarter after rising at a 3.7 percent rate in the...
| Feb 5, 2015
| 8:51 AM
Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-...
| Feb 4, 2015
| 2:35 PM
COLUMBUS, Ohio The Federal Reserve is stepping up efforts to fend off congressional audits of its monetary-policy decisions, with one official warning they would constitute a threat to its independence.
Proposals to audit the Fed "really are about...
| 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 30, 2015
| 5:09 PM
Now comes the tough part for Federal Reserve Chairwoman Janet L. Yellen.
After winding down the central bank's bond-buying stimulus without roiling financial markets, Yellen begins her second year on the job next week with the more difficult task of...
| Jan 30, 2015
| 1:06 PM
The investment climate, in some ways, returned to normal in 2014: a healthy but not gaudy 14 percent rise in the Standard & Poor's index of 500 large companies, supported by moderate economic growth with somewhat stable interest rates.
It's a climate...
| Jan 29, 2015
| 3:48 PM
Filling up at the gas station has been a much more pleasant experience for Americans since last fall. Regular gas is now less than $2 a gallon in many states, down from around $3.30 just a year ago.
But how long will that last? It’s just one of...
| Dec 31, 2014
| 6:36 PM
Investment success in 2014 was mostly about keeping it simple. That may not be a bad way to go in 2015, either.
Well-known U.S. blue chip shares handily beat obscure smaller stocks and most foreign markets over the last 12 months. High-quality bonds...
| Dec 27, 2014
The stock market is expected to continue to be kind to investors in the new year but with more humble gains than the last three years.
Some analysts anticipate that by the end of 2015, the market will deliver only about 5 percent growth — far...
| Jan 8, 2015
| 9:27 AM
The global inflation rate slowed to 1.5% in November from 1.7% a year earlier, propelled largely by the steep drop in energy prices, the Organisation for Economic Cooperation and Development said.
The OECD data, released Thursday, added to concerns...
| Jan 9, 2015
| 6:17 AM
Ignoring the economic troubles in the rest of the world, the U.S. added another large batch of new jobs in December to conclude its best year of hiring since 1999.
The Labor Department said Friday that employers took on 252,000 net new workers last...