Decoding the thinking of the Federal Reserve is this week’s top task for the financial markets. On Tuesday, policymakers at the US central bank started a two-day meeting at which ...
The Federal Reserve has released its highly anticipated statement on how soon it plans to tighten monetary policy. It put a June interest rate rise on the table though allowed ...
The US economy is on track for "solid growth" in the second quarter after the winter freeze, US Federal Reserve Chair Janet Yellen said Wednesday. But with the housing industry slowing and unemployment still high, the economy still needs "a high degree…
Europe's main stock markets finished the trading week on a high, closing significantly higher Friday on data showing eurozone consumers in bullish mood and comments from China's prime minister on stimulus. London's benchmark FTSE 100 index shrugged…
Visa and MasterCard have stopped servicing the credit cards of customers using Russian banks affected by the economic sanctions announced in Washington, the banks said Friday. Bank Rossiya, used by close associates of President Vladimir Putin, said…
US stocks dropped after Federal Reserve Chair Janet Yellen offered a rough time-table for when the central bank could raise benchmark interest rates. The Dow Jones Industrial Average slid 114.02 points (0.70 percent) to 16,222.17. The broad-based S&…
Wall Street stocks were little changed in early trade Wednesday ahead of a policy statement from the US Federal Reserve that could spell out its interest rate plans. About 35 minutes into trade, the Dow Jones Industrial Average rose 15.18 (0.09 percent…
US stocks Wednesday finished lower after minutes from the latest US Federal Reserve meeting showed some policymakers sought an early hike in the Fed's benchmark interest rate. At the closing bell, the Dow Jones Industrial Average fell 87.85 (0.54 percent…
The price of Tesla Motors stock closed at just under $200 per share yesterday, and briefly went above $200 during day trading. So how long will Tesla stock prices continue to rise? Tesla shares closed at $199.63, and posted a daily high of $202.72.
US stocks moved higher in early trade Tuesday after new Federal Reserve Chair Janet Yellen told Congress she had no plans to change monetary policy set under predecessor Ben Bernanke. About 30 minutes into trade, the Dow Jones Industrial Average rose…
