Changes in the labor force may allow the economy to sustain a much lower rate of joblessness in the future without fear of inflation, the Chicago Fed says.
Stock indexes ended more than 1 percent higher Friday after strong employment data indicated U.S. economic growth was picking up momentum.
Stocks ended lower Wednesday after Fed Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout.
Fidelity, Chase, E-Trade and others are offering cash incentives to get customers to transfer assets.
The Fed's decision Wednesday, approved 10-0, means it will keep its key rate near zero, where it's been since December 2008.
When the Fed finally raises interest rates, firms focused on consumer discretionary goods, finance and tech could be set for gains.
Existing home sales surged to their highest level in 18 months in March as more homes came on the market, a sign of strengthening in the housing market.
If interest rates rise, even slightly, they could send home prices -- and home values -- lower, simply by reducing the ability of buyers to pay for a home.
Technology has the power to put more money in our pockets. It is now up to us to use those advances to use in consumer financial services.
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Before you pull out your smartphone to bank, understand your security risks and how you can avoid them.
David Letterman's Stupid Pet Tricks were funny and ran 30 years. Wall Street's stupid investment tricks have been going on longer but aren't funny at all.
Fed officials acknowledged risks to the economy in March's meeting but remained confident enough in the recovery to continue a planned rate hike this year.
Stocks rose Monday as expectations that the Fed will postpone any interest rate increases offset concerns about Friday's surprisingly weak jobs report.
A Utah man gets a big surprise when he stopped to pull a large orange bag off the highway, fearing that it would become a traffic hazard.
More research is needed to understand what policies allow people to move up the economic ladder and what holds them back, Fed Chair Janet Yellen says.
If you have cash stashed in multiple savings accounts, MyMaxInterest will shuffle it around for the highest interest rates and most secure FDIC protection.
Jamie Dimon says he's giddy about the possibilities, but Warren Buffett has his doubts. Only time will tell.
Ben Bernanke, who spent eight years as the head of the nation's central bank carefully watching his every comment, is getting a new title - blogger.
An interest rate hike by the Federal Reserve may be warranted later this year, with a gradual path expected to follow, the central bank's chief says.
All 10 S&P sectors rise as the Federal Reserve removes the word patient from its language on when to raise interest rates.
The Federal Reserve moved a step closer Wednesday to a much anticipated first rate hike since 2006 by removing the word patient from its language.
The Dow and S&P 500 fell Tuesday as commodity-related shares declined and nervousness increased ahead of a Fed statement, while the Nasdaq edged higher.
Facebook users in the U.S. will soon be able to send their friends money using the social network's Messenger app.
Just as the Federal Reserve seems to be inching toward an interest rate hike because of the strengthening job market, its task is getting more complicated.
About 61 percent of Americans use autopay, but it's not perfect. Just ask the guy whose gas was cut off -- and he runs a personal finance site.
U.S. stocks rallied Monday as the dollar eased back from its recent rally and worries softened about the timing of a Federal Reserve interest rate hike.
Surrounding this week's Fed policy meeting is the expectation that it will no longer use 'patient' to describe its stance on raising interest rates.