| Oct 18, 2013
| 7:05 AM
WASHINGTON -- The flow of federal economic data is set to resume next week, highlighted by the release of the delayed September jobs report, as federal employees are back at work following the end of the partial government shutdown.
But it could take...
| Oct 21, 2013
| 7:00 AM
WASHINGTON -- A top Federal Reserve policymaker said Monday the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture.
Charles Evans, president of...
| Oct 22, 2013
WASHINGTON — A top Federal Reserve policymaker said the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture.
Charles Evans, president of the...
| Oct 23, 2013
| 6:03 AM
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan on Wednesday praised Janet L. Yellen, President Obama's nominee to be the next central bank chief, calling her "very bright" and saying he often would go to her to explain academic economics...
| Sep 23, 2013
| 8:45 AM
WASHINGTON -- A top Federal Reserve policymaker said Monday that the economy still wasn't strong enough in two key areas to begin tapering the central bank's bond-buying stimulus program, particularly with budget and debt-limit fights looming.
| Sep 24, 2013
| 6:41 AM
WASHINGTON -- Although Sheila Bair, the former chairwoman of the Federal Deposit Insurance Corp., is a Republican, she has been one of the most outspoken supporters of Democrat Janet L. Yellen to be the next Federal Reserve chief.
Now, with Yellen the...
| Sep 26, 2013
| 6:05 AM
WASHINGTON -- The Federal Reserve has taken unprecedented steps to stimulate the economy, but a new poll finds that only about a third of Americans have confidence in the central bank's ability to boost growth.
The findings in a New York Times/CBS...
| Aug 8, 2013
| 7:57 AM
WASHINGTON -- Initial jobless claims rose slightly last week to 333,000 but the average over the past month dropped to its lowest level since 2007, the Labor Department said Thursday.
The number of people filing for first-time unemployment benefits in...
| Aug 9, 2013
| 7:51 AM
WASHINGTON -- The president of the Federal Reserve Bank of Cleveland, Sandra Pianalto, will step down early next year, creating another vacancy among central bank policymakers as they grapple with reducing their stimulus efforts.
The head of the...
| Aug 9, 2013
| 6:23 PM
WASHINGTON — President Obama praised Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
| Aug 15, 2013
| 5:59 PM
NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus.
Major U.S. indexes closed sharply lower Thursday as yet...