U.S. import prices rose more than expected in March as food prices recorded their largest increase in three years.
U.S. employers maintained a solid pace of hiring for a second straight month in March, further evidence the economy was shifting into higher gear after a brutally cold winter.
Federal Reserve Board member Jeremy Stein says he plans to resign next month to return to Harvard University.
Federal Reserve Chair Janet Yellen says the extraordinary measures the central bank has used to boost the economy are still needed.
Fourth-quarter GDP was revised higher and jobless claims declined, but stocks drifted lower Thursday as investors remained nervous about Russia.
A growing number of Americans quitting the labor force are likely gone for good, offering a cautionary note to the Fed as it tries to gauge how tight the job market is.
The U.S. unemployment rate will fall below 6 percent by the end of this year, a Federal Reserve official says, offering a bullish view on the country's economy.
Gold fell 1 percent Monday as expectations that U.S. interest rates could rise in early 2015 supported the dollar and prompted investors to cash in on gains.
Gold rose Friday ahead of a series of speeches by Federal Reserve officials but was still on track for its biggest weekly fall since November.
Stocks on Thursday reversed Wednesday's decline, suggesting investors may have overreacted to comments by Fed Chair Janet Yellen that raised fears of an interest rate hike.
The Federal Reserve dropped a key measure as its definitive yardstick for gauging the economy's strength and will rely on numerous data to determine interest rates.
Fed chief Janet Yellen isn't expected to change course from the policies of her predecessor, but investors will pay close attention to what she says and how she says it.
The FOMC concludes its two-day policy-setting session, and is widely expected to continue its current path of tapering while holding its benchmark interest rate near zero.
U.S. producer prices fell in February, dragged down by falling costs for services and offering little sign of a pickup in inflation pressures.
Double-digit annual returns for most U.S. public pension systems have done little to shrink the yawning deficits facing many of them after a decade of inadequate funding.
Federal Reserve Chair Janet Yellen vows to "do all that I can" to boost a U.S. economy where unemployment is too high and inflation is too low.
A day after the Lehman bankruptcy, Bernanke and Yellen expressed concern about weaknesses in the economy, newly released transcripts show.