18304 Stories, most recent news story added 39 minutes ago
Washington (dpa) - The Federal Reserve Tuesday raised its growth forecasts for the U.S. economy, but warned that unemployment in the United States will remain for some time at its highest levels in a generation.
Nov. 25 (Bloomberg) -- The dollar approached a 14-year low against the yen as the Federal Reserve’s signal that it will tolerate a weaker greenback encouraged investors to buy higher- yielding assets outside the U.S.
Nov. 25 (Bloomberg) -- German stocks climbed for a second day this week as Federal Reserve officials raised their growth forecast for the U.S. and reports added to signs the world’s largest economy is recovering.
In a hopeful sign for the economy, the number of newly laid-off workers filing claims for unemployment benefits fell below 500,000 last week for the first time since January.
Upbeat data bolsters economic outlook and pressures the greenback. NEW YORK (Reuters) -- The dollar slid to a fresh 15-month low against a basket of currencies Wednesday as upbeat data on weekly jobless claims, personal consumption, and new home sales bolstered the outlook for the U.S. economy.
European and U.S. stock markets rose Wednesday after a batch of stronger than anticipated U.S. economic data and as trading levels dried up ahead of the Thanksgiving holiday.
U.S. stocks edged up on Wednesday after data pointed to stabilizing labor and housing markets, considered two big headwinds slowing down a recovery.
The central bank of the United States , the Federal Reserve, is under intense scrutiny for its unprecedented actions following the 2008 financial crisis.
Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.
NEW YORK (Reuters) - U.S. stocks rose on Wednesday, lifted by positive data on the labor market and housing sector, considered two of the biggest headwinds facing the economy.
In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell below 500,000 last week for the first time since January.
The unemployment rate will remain elevated for years to come, according to a forecast released Tuesday by the Federal Reserve that addresses for the first time economic conditions at the time of the next presidential election.
NEW YORK, Nov. 25 (UPI) -- U.S. markets rose marginally Wednesday morning after the U.S. Federal Reserve cautioned the economic recovery would remain slow.
HONG KONG (Reuters) - Asian stocks climbed on Wednesday after the Federal Reserve raised U.S. growth forecasts for 2010 but Japanese shares fell to a four-month low on worries about capital raisings and government economic policy.
In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week, dropping below 500,000 for the first time since January.
Freddie Mac reports that average rates for 30-year fixed mortgages have matched a record low of 4.78 percent this week.
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Open slideshowAFP/Getty Images/File
Open slideshowAFP/File
