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Signs of a strengthening global recovery emerged Friday, with consumers boosting retail sales, companies restoring stockpiles and China's exports mounting a comeback. ...more
December 12, 2009
Just a day after the Federal Reserve dropped its key short-term interest rate to 1 percent - matching the generational low reached in 2003-04 - the betting is intensifying on another cut. ...more
November 2, 2008
The still-cinched credit markets are anticipating a half-point interest rate cut from the Federal Reserve this week, but investors are worried it won't be enough to quickly revive the economy. ...more
October 28, 2008
Purchases of new homes in the United States unexpectedly fell to a 12-year low in December, ending the worst sales year since records began in 1963 and signaling little prospect for a recovery in residential real estate. ...more
January 28, 2008
Retail sales exceeded forecasts in November, and wholesale prices jumped the most in 34 years, diminishing both the need and scope for the Federal Reserve to make deeper interest-rate cuts. ...more
December 14, 2007
U.S. economic growth will slow to 1 percent in the fourth quarter as consumer spending cools and the housing slump enters its third year, a survey showed. ...more
December 12, 2007
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