The Labor Department will release its closely watched employment report Friday, more than two weeks before the Fed’s policy meeting.
Gross says Janet Yellen's policies "have deferred long-term pain for the benefit of short-term gain."
Here are five factors that Federal Reserve officials are likely taking into consideration when making a decision.
How to follow along online as Janet Yellen talks in Jackson Hole, Wyoming.
The rotation to cyclical sectors of the S&P 500 and away from defensive stocks could continue next week if the Fed chair strikes a tone more welcoming to a rate hike.
China promised Washington last year it wouldn't hack computer systems for the purposes of commercial espionage.
U.S. banks have passed the annual test, but Deutsche Bank and Santander have “unresolved supervisory issues,” Fed officials say.
Federal Reserve Chair Janet Yellen addresses the Senate on Tuesday in testimony that could cover everything from the Brexit vote to negative interest rates.
The Federal Reserve’s rate-setting committee is scheduled to announce monetary policy decisions and weigh in on the state of the economy Wednesday.
The pound and euro have suffered in recent sessions as economists fear the so-called Brexit would tip Europe back into recession.
The Federal Reserve chair painted a mostly positive picture of the economy and said interest rate hikes are still coming — eventually.
Shockingly weak payroll data on Friday showed U.S. employers added only 38,000 jobs in May, killing off chances for a Fed rate hike this month.
The Federal Reserve has been looking to impose its second hike since the Great Recession. Fed Chair Janet Yellen is set to speak Monday.
The president of the Chicago Federal Reserve said rate hikes could be withheld until core inflation in the U.S. reaches 2 percent.
The Nikkei skidded 1.3 percent, after the dollar sunk to a two-week low against the yen overnight following Japanese Prime Minister Shinzo Abe's decision to delay a sales tax increase.
Hackers broke into the computer systems of the Bangladeshi central bank and issued instructions through the SWIFT network to transfer $951 million of its deposits.
St. Louis Federal Reserve President James Bullard added that a rebound in U.S. GDP growth seems to be materializing in the second quarter.
MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.25 percent as markets pondered the Fed outlook.
The Fed chair’s rate hike endorsement Friday was just what the currency market was looking for to take the already-bullish dollar yet higher early Monday.
In the wake of an up-and-down first quarter, the Federal Reserve has markets bracing for a potential rate hike in June. But the economic picture isn’t so clear.
A relatively tight labor market in the U.S. may exert upward pressure on inflation, raising the case for higher interest rates, he said.
Meanwhile, Japan's Nikkei rose 1 percent thanks to a weaker yen, which fell to a three-week low against the dollar.