Fed Raises Interest Rates for 2nd Time in 3 Months
Central bank officials are expecting at least two more hikes this year amid a strong labor market and rising inflation.
Central Banks Move to Ease Brexit Fallout
Britain's vote to leave the EU could put a dent in the Fed's plans to raise interest rates again this year.
Yellen Says Fed Looking at Negative Rates
The FOMC wants to be prepared in case it needs to reverse course and make monetary policy more accommodative, Chair Janet Yellen told Congress.
Fed Points Toward Rate Hike in December
After its latest policy meeting, the central bank downplays recent financial market turmoil and drops warnings of global economic fragility.
Jobs Report Leaves Interest-Rate Picture Murky
A modest gain in jobs last month, along with a further decline in unemployment, sends mixed signals to the Fed ahead of its September meeting.
Fed Sends Record $97B in Profits to Treasury
The U.S central bank had $4.5 trillion in assets at the end of 2014, compared with $850 billion in 2008.
Bitcoin Technology Powering Other Applications
IBM is considering adopting the 'blockchain' technology to create a digital currency that could be linked to a person's bank account, according to Reuters.
Bank Stress Tests Too Predictable?
“The process of maturation that makes stress test results more predictable may also make the stress tests less effective," say two researchers.
Multinationals Hit Hard by Currency Volatility in Q3
The U.S. dollar rose 7.7% against the euro in the third quarter, widely affecting North American companies.
Inflation and Interest rates: Up, Up and Away
Higher inflation may be needed to leave extra-low interest rates behind.