FEDERAL RESERVE

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U.S. recovery still on ropes in late summer: Fed

The sluggish U.S. recovery failed to gain speed in recent weeks and softened in some areas of the country, as volatile stock markets and sputtering factory activity weighed on growth, the Federal Reserve said on Wednesday.
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Rick Perry

Rick Perry Campaign: 5 Reasons He Can Win

A previous article looked at 10 positions that could make Perry unelectable once he has to win over the general electorate rather than just Republican voters. On the flip side, here are five reasons he could have a good chance.
A man scratches his head in front of an electronic board displaying falls in major market indices around the world, outside a brokerage in Tokyo

Asian Stocks Slide Again amid Euro Zone Worries

Asian shares fell and U.S. Treasury yields dropped to the lowest levels in at least 60 years on Tuesday on fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
Rick Perry

Rick Perry Campaign: 10 Reasons He Is Too Extreme to Win

Texas Gov. Rick Perry, the latest frontrunner for the Republican presidential nomination, has taken more radical stances than perhaps any other candidate. Here are the top 10 positions that may make it difficult for him to compete in the general election.
U.S. Stock Market

Is the Dow Headed Higher or Lower?

To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
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Gold Rises with Fears about Pace of U.S. Recovery

Gold rose to a 1-1/2 week high on Friday as investors sought refuge in safe haven assets after a disappointing labour market report from the United States added to mounting fears about the pace of recovery in the world's largest economy
People wait in line to enter a job fair at the Phoenix Workforce Connection in Phoenix

Job Growth Grinds to a Halt in August

Employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
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Instant View: Job Growth Grinds to a Halt in August

U.S. employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
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Safe-Haven Buying Lifts Gold in Europe

Gold rose to a 1-1/2 week high on Friday, benefiting from caution about the euro zone debt crisis and ahead of the key U.S. non-farm payrolls data which is likely to underscore the frail state of the world's largest economy.
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Gold Steady in Asian Trading

Gold prices held steady on Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day, after recent data sent mixed signals about the status of the world's largest economy.
A Bank of America shareholder walks into the corporate headquarters prior to the start of the annual shareholders meeting in Charlotte

Fed Asks BofA to Draft Contingency Plan: Report

The Federal Reserve has asked Bank of America Corp to show what measures it could take if business conditions worsen, the Wall Street Journal said, citing people familiar with the situation.
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Fed asks BofA to list contingency plan: report

The Federal Reserve has asked Bank of America Corp to show what measures it could take if business conditions worsen, the Wall Street Journal said, citing people familiar with the situation.
Oil's Dip.

Brent Crude Holds at $114, Awaiting U.S. Jobs Report

Brent crude hovered at $114 a barrel Friday, on track for its second consecutive weekly gain, as investors eyed U.S. jobs data for clues on whether the world's largest oil consumer will be able to dodge a recession.
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Gold Rises in European Trading

Gold prices recovered some early losses on Thursday after European stock markets fell, snapping a three-day rally, and as investors weighed up the prospect of a fresh round of quantitative easing from the U.S. Federal Reserve.
Traders at the New York Mercantile Exchange

Gold, Silver Prices Rise on Strong Foreign Buying

Gold and silver prices closed modestly higher on the futures markets Wednesday as strong demand from foreign buyers offset expectations that the Federal Reserve will signal fresh, potentially inflationary, intervention in the market next month.

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