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Yellen tells Congress to expect more rate hikes

WASHINGTON (AP) - Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate...

Trump taps Randal Quarles for Federal Reserve board

WASHINGTON (AP) - Randal Quarles, who served in top Treasury Department positions under two Republican presidents, has been nominated by President Donald Trump to...

US employers add strong 222K jobs; jobless rate at 4.4 pct.

WASHINGTON (AP) - U.S. employers added a robust 222,000 jobs in June, the most in four months, a reassuring sign that businesses may be...

Pound jumps on Carney remarks about timing of rate hike

FRANKFURT, Germany (AP) - The British pound rose sharply Wednesday after the country's top central banker pondered the prospect of higher interest rates, a...

Oil prices down sharply ahead of OPEC announcement

LONDON (AP) - Oil prices were volatile but trading sharply lower Thursday ahead of an expected announcement from the OPEC oil cartel that it...

Most world stocks rise after Fed minutes; oil rally fades

HONG KONG (AP) - Most world stock markets rose Thursday as investors assessed the Federal Reserve's latest meeting minutes, while crude oil's rally fizzled...