Federal Reserveexpected to raise rates for first time in a year
The Federal Reserve is expected to raise its key interest rate for the first time in a year when its policy meeting ends Wednesday. The move would lift the rate…
Federal Reserve System
The Big Uh-Oh: Global economy shaky and cavalry may not come
By DAVID McHUGH and PAUL WISEMAN Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and…
A multigenerational hit: Student debt traps parents and kids
By JOSH BOAK A college degree practically stamped Andres Aguirre’s ticket to the middle class. Yet at age 40, he’s still paying the price of admission. After a decade of…
US consumer prices drop 0.1 pct. on cheaper gas
By JOSH BOAK In the Monday, Sept. 23, 2013, photo, price tags hang on merchandise at T.J. Maxx in North Andover, Mass. The government reports on consumer prices for October…
Markets remain lackluster in run up to Fed minutes
By TOBY STERLING An invested looks at the stock price monitor at a private securities company Tuesday Nov. 19, 2013 in Shanghai, China. World stocks were muted Tuesday as a…
Fed stimulus, China reform promises buoy stocks
By SARAH DiLORENZO A board above the trading floor of the New York Stock Exchange shows the Standard & Poor’s 500 index above 1,800, Monday, Nov. 18, 2013. The DJIA…
Average US rate on 30-year mortgage at 4.35 pct
By MARCY GORDON FILE – In this Thursday, Aug. 22, 2013, file photo, an existing home is listed as sold, in Gilbert, Ariz. Freddie Mac reports on mortgage rates for…
Stocks boosted as incoming Fed head backs stimulus
By EILEEN NG People walk outside a securities firm in Tokyo, Thursday, Nov. 14, 2013. Asian stock markets bounced higher Thursday after prepared testimony for the confirmation hearing of incoming…