An unexpectedly large increase in orders for manufactured goods helped push stock prices higher on Wall Street, during Tuesday's holiday-shortened trading session.
Starbucks customers in Reno paid it forward last week, paying for purchases for the person next in line at a Reno, Nev., drive-thru 73 times.
The Fed taper has been the talk of Wall Street for months, but it still came as a surprise when it began today. But investors were happy about it, sending stocks surging.
The Federal Reserve plans to trim its aggressive bond-buying program even as it plans to keep its key interest rate lower for even longer than previously promised.
After months of speculation, investors could finally find out when the Federal Reserve will begin to cut back on its massive bond-buying program.
Investors took a wait-and-see attitude ahead of Wednesday's FOMC report, but airline stocks lost altitude.
Fed talks will drive markets this week as the FOMC meets to consider when to begin tapering its economic stimulus program. A taper now could extend the market's bearish trend.
U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation.
Whether the Fed begins tapering its stimulus in December, January, or March is not that big of a deal anymore -- and here's why.
The FDIC and Federal Reserve Board of Governors vote unanimously to approve the Volcker rule to restrict banks from trading for their own profits.
U.S. regulators are set to approve a rule to rein in risky trading by banks, a crucial part of their efforts to prevent another costly taxpayer bailout.
The Volcker rule bans banks from making bets for their own profits but detractors argue the roughly 800-page rule, due to be voted on Tuesday, will hurt markets.
Gold prices will remain listless for the remainder of the year as investors await more visibility on when the Federal will start cutting bond purchases, analysts say.
U.S. employers hired more workers than expected in November and the jobless rate fell to a five-year low of 7 percent.
Investors avidly awaiting signs that the Federal Reserve is ready to reduce its monthly stimulus may find that the news already has passed them by.
A Federal Reserve survey shows the U.S. economy held steady during the 16-day partial government shutdown.
A sharp rise in U.S. equity prices could be leading to a dangerous bubble, according to an American who won the 2013 Nobel prize for economics.
As a new Fed chief gets ready to take charge, more Fed watchers believe the key theme to emphasize for 2014 is low interest rates for longer.