Stocks ended near flat Friday after comments by a Federal Reserve official suggested that a September rate hike was more likely than investors expected.
Incoming economic data and market developments will likely determine whether the Federal Reserve boosts interest rates in September, a Fed official says.
The past week's stock market rout was sparked by concern over a possible rate rise by the Fed and not by the yuan's devaluation, a Chinese official says.
Stocks rallied in a volatile session Thursday, fueled by optimism after strong economic data and hints that a September interest-rate hike was unlikely.
Wall Street racked up its biggest one-day gain in four years as bargain hunters swooped in, emboldened by hope of a delay in a rise in interest rates.
The S&P 500 closed in negative territory for the year Thursday on concern a deceleration in the Chinese economy would translate into slower global growth.
U.S. stocks fell in choppy trading Wednesday as minutes from the latest Federal Reserve meeting highlighted concern over the state of the global economy.
Federal Reserve officials in their June discussions appeared to move closer to their first interest rate hike in nearly a decade.
Consumer prices rose slightly in July as gas and food prices increased a bit, but jumps in shelter costs suggested inflation pressures were stabilizing.
Stocks fell Tuesday, weighed down by earnings-related selling in Walmart and a drop in materials stocks on concerns about China's economic health.
U.S. stocks ended near flat Thursday as a drop in energy shares offset a rebound in retail sales and stronger-than-expected results from Cisco.
The Federal Reserve will probably raise interest rates twice this year, with the first increase coming as early as next month, a survey shows.
While wage growth has stalled -- and salaries have been largely flat since the 1970s -- Goldman Sachs says gains may resume starting in early 2016.
Keeping too close of an eye on the Fed's moves can make some investors believe that today's economic conditions are substantially different from the past.
Stocks fell Friday as a drop in energy stocks eclipsed wage data that supported expectations that the Fed could delay an interest-rate hike this year.
Stocks ended flat Thursday as investors digested ho-hum corporate earnings and new data showed that the economy grew more quickly in the second quarter.
Stocks finished higher Wednesday after the Federal Reserve left its key interest rate unchanged and said the economy and job market continued to strengthen.
The U.S. economy and job market continue to strengthen, the Federal Reserve said Wednesday, leaving the door open for a possible rate hike in September.
Stocks rose Tuesday as attention shifted from Chinese equities to domestic earnings and speculation the first Fed rate hike may not come until December.
For American consumers who have become used to flat or even falling prices, an unfamiliar sight has emerged in the economy: Inflation is ticking up.
The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September.
Stocks fell Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector.
Fed Chair Janet Yellen tells Congress that the central bank remains on track to raise interest rates this year, with labor markets seen steadily improving.
Americans says they're doing better seven years after the Great Recession hit. But many still struggle to save enough for the next financial emergency.
Ex-Fed chief Ben Bernanke calls on Treasury to abandon plans to drop Alexander Hamilton from the $10 bill and to dump Andrew Jackson from the $20 instead.
The Nasdaq composite index closed at a record Thursday with stocks on Wall Street boosted by strong economic data.