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Spots urging shoppers to use their credit cards wisely will be shown on big screens in 12 U.S. cities, including Long Beach. The central bank has long been accused of neglecting its consumer protection duties. The Federal Reserve isn't too popular these days, what with its failure to predict or prevent the financial crisis and recession, not to mention its involvement in last year's bailouts ...
Nov. 26 (Bloomberg) -- Oil fell in New York as traders sold contracts to lock in gains ahead of the U.S. Thanksgiving holiday and after the U.S. Energy Department said crude inventories held by the world’s largest energy consumer rose.
Nov. 25 (Bloomberg) -- The dollar approached a 14-year low against the yen and declined beyond $1.51 per euro as the Federal Reserve’s signal that it will tolerate a weaker greenback encouraged investors to buy higher-yielding assets outside America.
Nov. 26 (Bloomberg) -- The dollar dropped to a 14-year low against the yen. Asian stocks declined, led by Japanese exporters, and European stocks fell.
Nov. 25 (Bloomberg) -- Treasuries gained as the Federal Reserve’s pledge to keep interest rates near record lows drove stronger-than-forecast demand at a record $32 billion seven-year note auction.
Sales of new homes rose more than 6 percent in October. But that was only because of strong results in the South.
Nov. 26 (Bloomberg) -- The dollar fell to a 14-year low against the yen, sending metals higher. Japanese exporter shares dropped and China stocks declined to a two-week low. European stock futures declined.
Nov. 26 (Bloomberg) -- Copper pared its advance to the highest level in 14 months in Shanghai after stocks slumped. The metal reversed gains in London.
Nov. 20: Former Alaska Gov. Sarah Palin waves to the crowd during a book signing appearance for, "Going Rogue," at Joseph-Beth Booksellers in in Norwood, Ohio (AP).
A Tokyo money dealer reacts as the U.S. dollar is traded at between 86.43 yen and 86.48 yen on the Tokyo foreign exchange in Tokyo, Japan, Thursday, Nov. 26, 2009. The dollar has tumbled to 14-year low against the Japanese yen after traders reacted to indications that U.S. interest rates will remain low and that Federal Reserve isn't overly concerned about the dollar's slide. (AP Photo/Shizuo ...
WASHINGTON - The Federal Reserve doesn't expect the recovery will be strong enough to quickly drive down the jobless rate, and acknowledged its efforts to keep the rebound...
The Federal Reserve will run ads in movie theaters with tips for wise use of credit cards.
World stocks rose while gold hit another record high and the dollar weakened on Wednesday after Federal Reserve minutes expressed confidence in the durability of the U.S. economic recovery.
NEW YORK -- Gold prices surged to another new record Wednesday and other commodity prices also rallied as the dollar weakened.
Quarter-to-quarter housing prices continued their slide across the region, the Federal Reserve Bank of Philadelphia said Wednesday.
Nov. 26 (Bloomberg) -- The dollar fell to a 14-year low against the yen, sending metals higher. Japanese exporter shares dropped and Chinese banking stocks declined to a two-week low.
