The Federal Reserve on Tuesday began a two-day meeting against the backdrop of a weakening U.S. economy that will likely force policymakers to plan for the possibility that things may get worse.
Stock index futures rose on Tuesday as expectations grew that a solution will be found for Greece to avoid a default and a short-term contagion risk to other euro zone countries could be contained.
Stock index futures pointed to a strong open for Wall Street on Tuesday, adding to gains from the previous session, as expectations grew that a solution would be found for Greece to avoid a default.
The S&P 500's 200-day moving average marks the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests this week with Greece's debt crisis appearing to reach a climax.
The S&P 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests next week with Greece's debt crisis appearing to reach a climax.
The S&P 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests next week with Greece's debt crisis appearing to reach a climax.
Republicans and Democrats grappled over the government's annual spending levels on Tuesday as they worked toward a deal that would narrow annual budget deficits and allow the country to continue borrowing at rock-bottom rates.
The chairman of the Federal Reserve warned on Tuesday that a failure to lift the government's borrowing limit could risk a potentially disastrous loss of confidence, giving further impetus to the latest round of deficit-reduction talks by top lawmakers.
Hactivist group Anonymous has painted a giant target on the back of Federal Reserve Chairman Ben Bernanke.
Federal Reserve Chairman Ben Bernanke warned on Tuesday that a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness.
It was supposed to be much smoother sailing by now.
Federal Reserve Chairman Ben Bernanke warned on Tuesday that a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness.
Federal Reserve Chairman Ben Bernanke warned on Tuesday that a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness.
Talk about getting it from all sides. Economists want Americans to cut down on debt and boost spending all at once, even as home values tumble and gasoline prices soar.
The much-debated proposal to delay implementation of the Durbin amendment cap on debit-card interchange fees failed in the U.S. Senate on June 8 despite a 54-45 vote in its favor.
Large banks are crafting their strategy to get regulators to back off from tough talk that they may force the riskiest firms to hold twice as much capital as smaller banks.
This week we had two key central bank leaders discuss their views on the risk that the recent rise of inflation is more than simply transitory. And while the mandates that govern these two central banks are different, their views/actions can have significant impact on global currency movements.
The U.S. trade deficit narrowed unexpectedly in April, as U.S. exports rose to a new record and imports from Japan tumbled more than 25 percent in the aftermath of its earthquake, tsunami and nuclear disaster, a U.S. government report showed on Thursday.
The number of Americans filing new claims for unemployment aid unexpectedly edged higher last week, stoking fears of a stalled economic recovery even as a separate report showed record exports in April.
World stocks held near the previous day's 11-week low on Thursday while the euro rose broadly as investors looked to the European Central Bank to signal a July interest rate hike at its meeting later.
Growth slowed in some U.S. regions during May as costlier food and energy as well as supply disruptions stemming from a major earthquake in Japan in March took a toll, the Federal Reserve said on Wednesday.
U.S. stocks slipped for the sixth straight day on Wednesday after Federal Reserve Chairman Ben Bernanke's assessment of the economy kept investors worried about the recovery.