The number of regional Federal Reserve banks pushing for a hike in what commercial banks are charged for emergency loans rises to nine in October.
A core of Federal Reserve officials rallied behind a possible December rate hike at the central bank's last policy meeting, minutes from the gathering show.
Federal Reserve officials continue to flag December as a possible time to raise interest rates after seven years of being near zero.
The Federal Reserve says steady consumer spending and an improving housing market spurred modest U.S. economic growth in the late summer.
Hurricane Katrina and the levee breaches that flooded the coast threatened New Orleans' rich culinary history. But it's back, and some say it's even better.
The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September.
The Federal Reserve is reiterating that it will be patient in raising rates from record lows but is signaling concern about excessively low inflation.
There will be 15 new Super Bowl advertisers this year, and the rookie interest is seen as a positive sign that companies are feeling good about the economy.
The U.S. budget deficit will decline to $468 billion this fiscal year from $483 billion last year, the Congressional Budget Office says.
President Obama will challenge a Republican-led Congress to back his tax-raising ideas for helping middle-class Americans in his State of the Union speech.
Stocks edged lower Wednesday as minutes from the most recent Federal Reserve meeting gave investors few new clues as to when U.S. interest rates may rise.
Manufacturing output rose in October, but a third straight month of declines in motor vehicle production suggested some slowdown in factory activity.
More companies are recruiting veterans, and more veterans feel they're ready to enter the workforce after the military. But some vets feel underemployed.
America's underperforming economy likely did the Democratic party few favors in midterm elections Tuesday -- but it may not have been the decisive factor.
Republicans took control of Congress with a push from voters who feel they've been left behind in the nation's gradual economic recovery, exit polls show.
A robust pace of business spending likely buoyed U.S. economic growth in the third quarter, a sign corporate chieftains have confidence in the recovery.
The global economy has stumbled, and financial markets have been volatile. But that doesn't mean the Federal Reserve plans any major policy shifts.
U.S. consumer confidence rebounded strongly in October, hitting a seven-year high as solid job gains raised expectations for economic growth.
Fed Chair Janet Yellen says the nation's rising wealth gap concerns her, and asks whether it's compatible with American values, during a speech in Boston.
The Federal Reserve is weighing turning its annual health check for big banks into s tool it could use to prevent a build up of excessive financial risks.
The government says the deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama's six years in office.