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Senate panel approves Trump’s controversial Fed nominee

WASHINGTON (AP) - The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board of governors...

Former Fed officials urge more efforts to bolster economy

WASHINGTON (AP) - Former Federal Reserve Chairs Ben Bernanke and Janet Yellen urged Congress on Friday to do more to help the economy deal...

Fed survey says economy has picked up but outlook cloudy

WASHINGTON (AP) - The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic...

Fed minutes show concerns about severity of downturn

WASHINGTON (AP) - Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the...

Fed’s program for loaning to Main Street off to slow start

WASHINGTON (AP) - Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like...

Davis Cup, Fed Cup finals pushed to 2021 because of pandemic

LONDON (AP) - The Davis Cup and Fed Cup finals were scrapped for 2020 by the International Tennis Federation on Friday because of the...

Stocks rally worldwide on hopes for coming economic recovery

NEW YORK (AP) - Stocks rose again Tuesday, part of a strong and worldwide rally for markets, after a big rebound in buying at...

Stocks rally worldwide on hopes for coming economic recovery

NEW YORK (AP) - Stocks rose again Tuesday, part of a strong and worldwide rally for markets, after a big rebound in buying at...

Fed says ‘full range of tools’ in play to counter pandemic

WASHINGTON (AP) - The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought...

Dow sinks 1,800 as virus cases rise, deflating optimism

Stocks fell sharply Thursday on Wall Street as coronavirus cases in the U.S. increased again, deflating recent optimism that the economy could recover quickly...