| Nov 14, 2013
| 3:00 AM
WASHINGTON -- The last time Janet L. Yellen faced a Senate confirmation hearing, she shared the witness table with two other nominees for about 90 minutes, answered a handful of relatively mild questions and was on her way to an easy confirmation to be...
| Dec 18, 2013
| 11:17 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to start reducing a key stimulus program, signaling greater confidence in the strength of the recovery in the wake of recent upbeat economic data.
The Federal Open Market Committee decided to...
| Oct 29, 2013
| 6:49 AM
WASHINGTON -- Prices surprisingly dipped in September, the first decline since the spring, indicating that inflation remains well in check as Federal Reserve policymakers meet to consider if they should reduce a key central bank stimulus effort.
| Dec 18, 2013
| 1:24 PM
NEW YORK -- Stocks rallied nearly 2% after the Federal Reserve announced it would begin scaling back its stimulus program early next year.
The Dow Jones industrial average added 292.71, gaining 1.8% to 16,167.97 at the closing bell Wednesday. The...
| Dec 3, 2013
| 8:03 AM
WASHINGTON -- Easy-money policies by the Federal Reserve and other central banks have left the U.S. and other economies "increasingly at risk," bond guru Bill Gross warned.
The co-chief investment officer at Pacific Investment Management Co., or Pimco,...
| Feb 4, 2014
| 7:14 AM
A top Federal Reserve official expects the central bank to continue reducing a key stimulus program even though he sees more modest growth this year than many analysts have projected.
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond,...
| 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...
| Jan 31, 2014
| 2:32 PM
The Wall Street Journal is on the hard-money side of the debate over recent monetary policy. But its editorial on the departure of Ben S. Bernanke as chairman of the Federal Reserve articulated a conventional wisdom that transcends that debate.
| Feb 7, 2014
| 1:25 PM
Bitcoin prices have crashed over the last few days--again!--this time because Mt. Gox, a major bitcoin exchange headquartered in Tokyo, abruptly announced it was suspending all withdrawals for "technical" reasons.
Mt. Gox said the suspension was...
| Jan 15, 2014
| 5:50 PM
WASHINGTON — After a long and lumpy recovery, the world economy may finally be at a turning point with global growth expected to accelerate this year behind the rising strength of the U.S. and other major developed countries.
But world finance...
| Feb 7, 2014
| 6:09 PM
WASHINGTON — Back-to-back months of sluggish hiring suggest the economic recovery may have lost some momentum and could give the Federal Reserve second thoughts about continuing to throttle back a key stimulus program.
Employers added a modest...