ECONOMY & MARKETS

“It’s time really to close this old chapter and start a new one.”

Since the Occupy Wall Street protests of 2011, New York City has paid out $1.5 million to settle lawsuits, with more pending. The cost doesn’t include legal fees and police overtime.

U.S. averages jumped more than 1 percent after initially fluctuating following the central bank's statement. 

Spending cuts and tax hikes will help plug Brazil’s fiscal gap, but they’re not the big fixes needed to dig it out of recession.

The Fed has held rates at historic lows since 2008 in the midst of the Great Recession to help the economy emerge from a near collapse.

Just about everyone is trying to predict how the announcement will affect everything from commodities and stocks to home sales and job prospects.

The Fed's decision not to raise interest rates saved emerging markets from what the World Bank's chief economist called "panic and turmoil."

The Fed decided not to raise a key interest rate Thursday, but U.S. oil prices would not have changed much even if rates had been hiked.

The Department of Health and Human Services is taking a page out of Mr. Wonderful’s book.

The nation's number of housing starts, which had been accelerating for much of the year, dropped by 3 percent in August, government figures show.

Global shares traded mixed ahead of the U.S. central bank’s announcement, which could mark the first increase in interest rates in nearly a decade.

The U.S. central bank's imminent decision on whether to increase the currently low cost of borrowing is keeping many markets on tenterhooks.

Markets braced for a highly anticipated announcement from the U.S. central bank that could mark the first interest rate hike in nearly a decade.

A China expert says there is chance of achieving some consensus on cybersecurity and the South China Sea dispute -- but U.S. should not "push China."

"The humanitarian impact and damage [from the embargo] is extreme and cannot be measured [only] in numbers," Cuban Foreign Minister Bruno Rodriguez said Wednesday.

Thousands are heading to Europe in search of a better, safer life. Some are pretending to be Syrian to improve their chances of staying.

The currency in Nigeria, Africa's largest economy and top oil producer, has been hit hard by a global oil glut and crashing crude prices.

Drops in rates of the uninsured are "consistent" with what Obamacare was designed to do, a Census Bureau report finds.

A rate move this week depends on whether central bankers agree the economy has reached, or is on course to hit, the Fed’s major objectives.

Millions of workers fall below the poverty line because they're not earning enough. Others come dangerously close.

Consumer prices posted their first decline in seven months, complicating the Federal Reserve's decision on interest rates.

In Northern California and across the U.S., global warming and risky development are boosting the threat of raging wildfires.

Seven years of ultra-low interest rates aided economic recovery and spurred massive stock gains. But workers still haven't seen income growth.

Chile, long considered the region's model democracy, has sharply soured on its president, Michelle Bachelet.

Economists disagreed on whether the wage rise would cause the Bank of England to raise interest rates.

Amid two federal lawsuits and a Florida attorney general investigation, former employees reveal how Dollar Rent A Car’s aggressive sales tactics push agents to mislead, and even frighten, weary travelers.

The Federal Reserve’s highly anticipated two-day meeting kicks off Wednesday.

The company is moving 500 jobs overseas, citing the expiration of the Export-Import Bank. CEO Jeff Immelt has been outspoken in his support for the bank.

Residents and medical students are speaking up about a deal that has long been stacked against them.