The euro moved above $1.39 Wednesday for the first time since February, while the yen struck a 15-year high. The dollar is sliding broadly because investors expect that the Federal Reserve will increase its support […]
Stocks slipped Wednesday as protests against austerity measures in Europe brought new worries about the region’s financial system.
The Federal Reserve offered a dim view of the economy Tuesday and signaled it’s prepared to provide new relief if necessary.
Americans’ long journey to regain the wealth they lost in the recession is stalled.
Stocks are rising as investors brush off fresh worries about the health of European banks to resume a rally.
Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.
More worried about the recovery, the Federal Reserve took a small step Tuesday to bolster the economy.
Stocks edged higher Monday as investors avoided making any big bets before the Federal Reserve’s key meeting later in the week.
Federal Reserve officials cut their forecasts for growth this year and signaled they stood ready to take new steps to keep the recovery alive if the economy takes a turn for the worst.