Janet Yellen

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

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

US Federal Reserve Board Chairman Ben S. Bernanke warns Congress to avoid the 'fiscal cliff.'

Here’s what to watch for Wednesday from the Fed

WASHINGTON (AP) — If there’s one thing global investors are hoping for when the Federal Reserve ends a policy meeting Wednesday, it’s this: No surprises. Pretty much everyone expects the Fed to take its first […]

09/17/2013

(AP Photo)

Summers withdraws name from Fed consideration

WASHINGTON (AP) – Lawrence Summers, who was considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman, has withdrawn from consideration, the White House said Sunday. Summers’ withdrawal follows growing resistance from critics, […]

09/15/2013

(AP Photo)

US job openings, hiring rise slightly in May

WASHINGTON (AP) — U.S. employers advertised slightly more jobs in May and hired more workers, further signs of steady improvement in the job market. The Labor Department said Tuesday that job openings rose 28,000 to […]

07/09/2013

Ben Bernanke

Bernanke declines to address future at the Fed

WASHINGTON (AP) — Ben Bernanke declined Wednesday to address speculation that he will step down as chairman of the Federal Reserve in January when his term ends, saying he wanted to keep the attention on […]

06/19/2013

(AP Photo)

Here’s what to watch for Wednesday from the Fed

WASHINGTON (AP) — What the world hopes to hear Wednesday from the Federal Reserve can be summed up in one word: clarity. Chairman Ben Bernanke will be pressed to settle the wave of confusion and […]

06/18/2013

(AP Photo)

More Americans quit jobs, a sign of confidence

WASHINGTON (AP) — More Americans are quitting their jobs, suggesting many are growing more confident in the job market. The Labor Department said Tuesday that the number of people who quit their jobs in April […]

06/11/2013

Ben Bernanke

Bernanke will leave in Jan. and other forecasts

(The Associated Press) – Chairman Ben Bernanke is a deft communicator who will leave the Federal Reserve once his second term ends in January and should be succeeded by Vice Chairman Janet Yellen. The rising […]

06/06/2013

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