Articles

U.S. Jobless Rate Falls to 6-Year Low of 5.9%

WASHINGTON (AP) — U.S. employers added 248,000 jobs last month, a burst of hiring that drove down the unemployment rate to 5.9 percent, the lowest since July...

Dow Closes at Record After Fed Keeps Rates Intact

(NEW YORK) — The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones...

Yellen to Offer First Public Comments as Fed Chair

(WASHINGTON) — Federal Reserve Chair Janet Yellen can expect global financial markets to scrutinize her first public remarks since taking over the Fed's...

3 Things Janet Yellen Must Focus on as Fed Chair

This morning, Janet Yellen began her first testimony to Congress as Federal Reserve chair. As she sums up the economic health of the nation and the direction...

Fed to Reduce Pace of Bond Buying by Another $10B

(WASHINGTON) — The Federal Reserve says it will cut its monthly bond purchases by an additional $10 billion to $65 billion because of a strengthening U.S...