Thursday, January 20, 2022

All posts tagged "Fed"

  • Stocks Fall Sharply as Banks, Tech Sectors Take a Beating

    Wall Street rode another wave of selling Monday that sent U.S. stocks sharply lower, before a late-afternoon pullback stemmed some of the losses. Investors unloaded materials, financials and other stocks, briefly knocking the Dow Jones industrial average...

    • Posted February 8, 2016
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  • Yellen will Testify amid Predictions of Slower Rate Hikes

    WASHINGTON – Things looked so clear back in mid-December. The Federal Reserve raised its benchmark interest rate from record lows, and it signaled the likelihood of four more hikes in 2016. That was then. Panicky financial markets,...

    • Posted February 8, 2016
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  • US Stocks End Modestly Higher After a Day of Wavering

    NEW YORK – U.S. stocks posted modest gains Thursday as investors await Friday’s closely watched jobs report, which could offer insight about the U.S. economy and help determine whether the Federal Reserve raises interest rates again next...

    • Posted February 4, 2016
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  • Vice Chair: Global Concerns Led Fed to Keep Rates Unchanged

    WASHINGTON – A top Federal Reserve official said Monday that increased concerns about the global economic outlook led the central bank to leave a key interest rate unchanged last week. Vice Chairman Stanley Fischer said persistent declines...

    • Posted February 1, 2016
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  • US Consumer Spending Flat, Savings Rate at 3-year High

    WASHINGTON – U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years. Consumer spending was unchanged in December after rising 0.5 percent in November, the Commerce...

    • Posted February 1, 2016
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  • AP Spin Meter: Sanders says he’ll Quickly Break Up big Banks

    WASHINGTON – Battling across Iowa ahead of the first-in-the-country vote on Monday, Hillary Clinton and Bernie Sanders are dueling on fertile populist ground: resentment against Wall Street, bailed-out big banks and a financial system seen as rigged....

    • Posted January 30, 2016
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  • US Economy is Expected to Strengthen after Weak 4th Quarter

    WASHINGTON – The U.S. economy struggled to grow in the October-December quarter as consumer spending, business investment and exports slowed. Yet despite global weakness and shrunken oil and stock prices, many economists expect growth to accelerate on...

    • Posted January 29, 2016
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  • US Stocks Rise as Oil Prices Jumps Again; Tech Climbs

    NEW YORK – U.S. stocks rose Thursday as the price of oil climbed for the third day in a row while key oil-producing nations discussed cuts in production. Tech and consumer stocks traded higher, led by Amazon...

    • Posted January 28, 2016
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  • Stock Market Skids after Cautious Comments from the Fed

    NEW YORK – Stocks sank Wednesday after the Federal Reserve gave a cautious assessment of the global economy and said growth in the U.S. has slowed down. The statement from the Fed smothered a small rally in...

    • Posted January 27, 2016
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  • Fed Keeps Rates Unchanged; Voices Concern about Global Economic Pressures

    WASHINGTON – The Federal Reserve sounded a note of concern Wednesday about how global pressures could affect a slowing U.S. economy, while keeping a key interest rate unchanged. Six weeks after it raised rates from record lows,...

    • Posted January 27, 2016
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