| Mar 25, 2014
| 6:32 AM
WASHINGTON -- Top Federal Reserve officials said financial markets overreacted to Chairwoman Janet Yellen's comments last week indicating the central bank could start raising interest rates early next year.
In speeches and interviews, the officials...
| Mar 27, 2014
On Feb. 20, Nigerian President Goodluck Jonathan fired his respected central bank governor, who was trying to discover what had happened to an estimated $20 billion that disappeared from the nation's oil revenue over an 18-month period.
Four days later,...
| Mar 31, 2014
| 10:32 AM
WASHINGTON -- Federal Reserve Chairwoman Janet Yellen, saying the job market is far from normal, made clear Monday that the central bank remains committed to providing extraordinary support for the economy for some time to come.
| Mar 18, 2014
| 6:43 AM
WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday.
Over the previous year, the consumer price index has risen 1.1%. The...
| Mar 19, 2014
| 6:07 AM
WASHINGTON -- Janet L. Yellen, who broke the Federal Reserve's glass ceiling, marks two more milestones Wednesday, wrapping up her initial policymaking meeting as chairwoman then facing reporters' questions for the first time since taking office last...
| Mar 19, 2014
| 11:27 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to continue reducing their bond-buying stimulus program and said they no longer would consider raising its near-zero interest rate once the unemployment rate fell below 6.5%.
The Federal Open...
| Mar 10, 2014
| 8:00 AM
Bad weather is largely responsible for some recent weak economic data and should not lead the Federal Reserve to stop reducing a key stimulus program, a top central bank official said Monday.
Instead, with economic growth still forecast to pick up...
| Mar 13, 2014
| 10:41 AM
WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
| Feb 24, 2014
| 3:30 PM
Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then.
“I'd like to be...
| Jun 24, 2014
| 10:30 AM
Remarkable. But typical. This administration has just released a 42-page advertisement for itself that it calls a report. In it, Barack Obama & Co. take more than full credit for the dramatic change in this country's energy prospects -- from the long...
| Jun 25, 2014
If you are agonizing over where to invest your money, you aren't alone.
The pros are there with you — nervous about stocks and bonds as clear opportunities become fuzzy in both. As the best and brightest fund managers talked at Morningstar's...