Federal Reserve System

In this Friday, Sept. 7, 2012, photo, WorkForce One staffer Rose Capote-Marcus works with a client, Pen Osuji as he works on job applications at an unemployment office in the Hollywood, Fla. (AP Photo/J Pat Carter)

Fewer Americans seek unemployment aid for 3rd week

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very few workers. The Labor Department said Thursday […]

10/31/2013

The decision of the Federal Reserve appears on a television screen on the floor of the New York Stock Exchange Wednesday, Oct. 30, 2013.  (AP Photo/Richard Drew)

Fed leaves low interest-rate policies unchanged

WASHINGTON (AP) — The Federal Reserve says the U.S. economy still needs support from its low interest-rate policies because it is growing only moderately. In a statement Wednesday after a policy meeting, the Fed said […]

10/30/2013

A board on the floor of the New York Stock Exchange shows the record closing number for the Dow Jones industrial average. Tuesday, Oct. 29, 2013.  (AP Photo/Richard Drew)

Dow closes at a record high as Fed meeting begins

NEW YORK (AP) — Investors drove the Dow Jones industrial average to an all-time high Tuesday on expectations that the Federal Reserve will keep its economic stimulus program in place. The Dow rose 111.42 points, […]

10/29/2013

A sale pending announcement sits atop a for sale sign in a home's yard in Richardson, Texas. (AP Photo/LM Otero, File)

Signed contracts to buy US homes plunges in Sept.

WASHINGTON (AP) — The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have […]

10/28/2013

Registered nurse Salanda Bowman, left, talks with part-time Kentucky Wesleyan College student Jason Ward, of Whitesville, about job openings at the Owensboro Health Regional Hospital during a Regional Career and Job Fair in the Owensboro Sports Center  in Owensboro, Ky. (AP Photo/The Messenger-Inquirer, Gary Emord-Netzley, File)

US hiring slows in September to just 148,000 jobs

WASHINGTON (AP) — The U.S. economy added just 148,000 jobs in September, suggesting that employers held back on hiring before a 16-day partial government shutdown began Oct. 1. Still, hiring last month was enough to […]

10/22/2013

Trader Gregory Rowe, left, and specialist Anthony Rinaldi work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

US stocks dip on earnings; Debt deadline nears

NEW YORK (AP) — Earnings news gave investors something else to focus on Wednesday as a government shutdown entered its ninth day and a potential economy-shaking federal default edged ever closer. Stocks moved between small […]

10/09/2013

Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System. (AP Photo/Eugene Hoshiko, File )

Obama to nominate Yellen as Bernanke replacement

WASHINGTON (AP) — President Barack Obama will nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke as chairman of the nation’s central bank, the White House said Tuesday. Yellen would be the first […]

10/08/2013

Specialist Fabian Caceres works  on the floor of the New York Stock Exchange Monday, Oct. 7, 2013. (AP Photo/Richard Drew)

Stocks fall as government shutdown drags on

NEW YORK (AP) — Investors sent the Standard & Poor’s 500 index to its lowest close in a month Monday as few signs emerged of a deal to end the U.S. government shutdown and raise […]

10/07/2013

A sheet of uncut $100 bills as they make their way through the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. (AP Photo/LM Otero, File)

New $100 bills start circulating Tuesday

WASHINGTON (AP) — The new $100 bill, with an array of high-tech features designed to thwart counterfeiters, will get its coming out party on Tuesday, partial government shutdown or not. The Federal Reserve, which has […]

10/07/2013

U.S. Postal Service letter carrier Jamesa Euler, delivers mail in the rain in the Cabbagetown neighborhood, in Atlanta. (AP Photo/David Goldman, File)

6 federal agencies not taking a hit in shutdown

WASHINGTON (AP) — As many high-profile agencies sit idle because of the federal government shutdown, others are humming along just fine, thank you. Many of them have escaped the fiscal ax because they pay much […]

10/04/2013

A woman stands in front of an electronic stock board of a securities firm in Tokyo, Friday, Oct. 4, 2013. (AP Photo/Koji Sasahara)

Washington budget impasse keeps markets in check

LONDON (AP) — Uncertainty about how long the partial shutdown of the U.S. government will last kept investors on edge Friday, though the prevailing view in markets is that Congress will be able to reach […]

10/04/2013

Americorps volunteer John Harris III, who is helping to coordinate a jobs fair program, works on some documents for job seekers in Washington. (AP Photo/Manuel Balce Ceneta, File)

Signs emerge that US job market may be picking up

WASHINGTON (AP) — The job market is sending signs that it may be strengthening. The number of people seeking unemployment benefits has sunk to its lowest point in six years because few companies are laying […]

09/26/2013

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