Federal Reserve System

Stock market rises back into record territory

NEW YORK (AP) — The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. […]

2013/05/14

Bloomberg editor apologizes on information access

NEW YORK (AP) — The editor-in-chief of Bloomberg News apologized Monday for the financial news service’s practice of accessing private data on clients through the company’s information service. Journalists at Bloomberg News, until recently, had […]

2013/05/13

US jobless aid applications fall to 5-year low

WASHINGTON (AP) — The number of Americans who applied for unemployment benefits fell by 4,000 last week to a seasonally adjusted 323,000, a five-year low. Layoffs have returned to pre-recession levels, a trend that could […]

2013/05/09

As the Dow breaks 15,000, is it too late to buy?

NEW YORK (AP) — Are stocks worth buying now? With the Dow Jones industrial average breaking through 15,000, it’s natural to worry that stocks have gone up too far. But higher priced stocks aren’t necessarily […]

2013/05/05

Solid job gains in April ease fears about economy

WASHINGTON (AP) — The U.S. economy showed in April that it’s healthier than many had feared, adding a solid 165,000 jobs and driving the unemployment rate down a notch to a four-year low of 7.5 […]

2013/05/03

How Fed policymakers affect the economy

(The Associated Press) – The Federal Reserve’s chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy. Here is a look at how the […]

2013/05/02

Fed keeps stimulus, says taxes and cuts have hurt

WASHINGTON (AP) — The Federal Reserve on Wednesday stood by its aggressive efforts to stimulate the economy and reduce unemployment. And it sent its most explicit signal to date that tax increases and spending cuts […]

2013/05/01

US consumers keep spending despite higher taxes

WASHINGTON (AP) — This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending?

2013/04/29

New-homes sales rise 1.5 percent in March to 417K

WASHINGTON (AP) — U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season.

2013/04/23

Federal Reserve report called "The Beige Book." (AP Photo)

Fed survey: Housing and auto sales lift US economy

WASHINGTON (AP) — A strengthening housing recovery and robust auto sales contributed to moderate economic growth across the United States in late February and March, according to a Federal Reserve survey released Wednesday.

2013/04/17

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