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Unemployment rates fell last month in more than three-quarters of the nation's states, adding to evidence that companies are feeling more confident in the U.S. economy.
Unemployment rates fell last month in more than three-quarters of nation's states, adding to evidence that companies are feeling more confident in the U.S. economy.
Unemployment rates fell last month in more than three-quarters of nation's states, evidence that companies are feeling more confident in the U.S. economy.
The unemployment rate fell last month in more than three-quarters of nation's states, evidence that companies are feeling more confident in the U.S. economy.
The Federal Reserve said last month that the economy is gradually improving and began discussing how it would reverse policies adopted during the recession that pumped billions of dollars into the economy.
U.S. factories in April produced fewer goods for the first time in 10 months. A temporary parts shortage stemming from the Japanese earthquake forced automakers to cut back output.
Federal Reserve Chairman Ben Bernanke said Monday that the United States and other countries need to better understand the most effective ways to use government money for research and development projects.
A Senate panel has advanced the nomination of a Nobel prize winning economist to sit on the Federal Reserve. But the prospects for full Senate confirmation remain dim as Republicans strongly oppose President Barack Obama's pick.
Ben Bernanke and other regulators are updating Congress about their efforts to carry out the biggest overhaul of the nation's financial rules since the Great Depression.
Federal Reserve Chairman Ben Bernanke and other regulators gave Congress an update Thursday on their efforts to implement the biggest overhaul of the nation's financial rules since the Great Depression.
A Federal Reserve official says the central bank should raise interest rates this year to guard against inflation.
Regulators must better understand threats to the financial system to be able to prevent another crisis, Federal Reserve Chairman Ben Bernanke acknowledged Thursday.
The U.S economy's service sector grew last month at the slowest pace since August. The report renewed concerns that more expensive gas and food may be weakening growth.
The Federal Reserve's chief policymaking group has vast power over the finances of ordinary people, businesses and investors. The consequences of its interest-rate decisions range wide: from people's ability to get affordable loans to the price of cereal at the grocery store or gasoline at the corner station.
The economy and job creation have strengthened enough for the Federal Reserve to end on schedule a program of buying Treasury bonds to help the economy, the Fed said Wednesday.
The American economy is now strong enough to withstand Middle East turmoil and the Japanese nuclear crisis. Only a big rise in the price of oil could stop it now.
The Federal Reserve is increasingly confident in the economy and about to end a $600 billion program to support it. Now for the next step — figuring out how to keep inflation from taking off.
Treasury Secretary Timothy Geithner on Tuesday tried to reassure nation that President Barack Obama and Republican lawmakers will agree on a plan to whittle down the federal government's massive budget deficits over the next decade.
More people applied for unemployment benefits last week, the first increase in three weeks. Still, the broader trend points to a slowly healing jobs market.
Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts.
The U.S. economy improved in every region of the country this spring, but higher oil prices remain a concern, according to a survey released Wednesday by the Federal Reserve.
The Federal Reserve's second-highest ranking official on Monday said the economy is not strong enough for the Fed to begin tightening credit, countering a vocal minority of members who argue the central bank's stimulus programs are contributing to higher inflation.
The Federal Reserve's second-highest ranking official on Monday said the economy is not strong enough for the Fed to begin tightening credit, countering a vocal minority of members who argue the central bank's stimulus programs are contributing to higher inflation.
Federal Reserve officials raised concerns last month that a big jump in energy prices could weaken the economy and unleash inflation, prompting a few to suggest the possibility of tightening credit this year.
Regulators are working closely to strengthen oversight of inner workings of the nation's financial system, part of a broader effort to prevent a repeat of the 2008 financial crisis, Federal Reserve Chairman Ben Bernanke said Monday.
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