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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles

Displaying items 100-110
  • Treasury chief presses Congress to raise debt limit as deadline nears

    Treasury chief presses Congress to raise debt limit as deadline nears
    WASHINGTON -- Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly....
  • Dow plunges 326 points in worst day of year

    Dow plunges 326 points in worst day of year
    NEW YORK -- Fresh doubts over the U.S. economic recovery pushed the stock market closer to a long-awaited correction as investors worried about global growth. The Dow Jones industrial average plummeted 326 points on Monday as the index of blue-chip...
  • Stocks dive on fresh growth worries

    Stocks dive on fresh growth worries
    NEW YORK — A stream of negative economic reports has revived fear about the health of the U.S. economy, causing stocks to suffer their worst day in seven months and adding to a 7% decline since mid-January. Stocks were pounded by discouraging data...
  • Fed's Lacker predicts more stimulus cutbacks despite modest growth

    Fed's Lacker predicts more stimulus cutbacks despite modest growth
    A top Federal Reserve official expects the central bank to continue reducing a key stimulus program even though he sees more modest growth this year than many analysts have projected. Jeffrey Lacker, president of the Federal Reserve Bank of Richmond,...
  • Initial jobless claims dropped sharply to 331,000 last week

    Initial jobless claims dropped sharply to 331,000 last week
    WASHINGTON -- In a positive sign heading into Friday's unemployment report, initial jobless claims dropped sharply last week, offsetting a surprising jump the previous week. There were 331,000 people who applied for first-time unemployment benefits in...
  • Job growth remains weak in January; unemployment rate falls to 6.6%

    Job growth remains weak in January; unemployment rate falls to 6.6%
    WASHINGTON -- Job growth was sluggish in January for the second straight month, the government said Friday in a report likely to heighten concerns that the economy and labor market recovery may be faltering again. The report could also give the...
  • U.S. economy adds a modest 113,000 jobs in January

    U.S. economy adds a modest 113,000 jobs in January
    Hiring was surprisingly weak in January for the second straight month, likely renewing concern that the U.S. economy might be slowing after a strong finish last year. The Labor Department says employers added 113,000 jobs, less than the average...
  • As U.S. hits debt limit, business group urges Congress to raise it

    As U.S. hits debt limit, business group urges Congress to raise it
    WASHINGTON -- As the U.S. hit its debt limit on Friday, a leading business group urged Congress to act quickly to raise it to avoid damaging the economy. The Business Roundtable sent a letter to House and Senate leaders Thursday night warning that...
  • Stocks rise more than 1% despite weak jobs report

    Stocks rise more than 1% despite weak jobs report
    NEW YORK -- Stocks rallied about 1% despite the U.S. Labor Department's report showing weaker-than-expected employment growth last month. Investors appeared to look on the brighter side of the federal government's closely watched barometer of the...
  • European regulator concerned about new Fed rules for foreign banks

    European regulator concerned about new Fed rules for foreign banks
    A top European Union regulator raised concerns Wednesday about new Federal Reserve rules for foreign banks operating in the U.S., complaining the requirements were adopted unilaterally and could place an unfair burden on EU financial firms. "We will...
  • Household debt rises at fastest pace since global financial crisis

    Household debt rises at fastest pace since global financial crisis
    Families boosted their borrowing late last year at the fastest pace since the global financial crisis, a sign that Americans are gradually reopening their wallets as they feel more secure in their jobs. Household debt jumped $241 billion to $11.5...