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The Federal Reserve opted Wednesday not to raise interest rates, despite painting a rosier economic picture than it did just a month ago.
Without clear indication the U.S. economy is on firm, sustainable footing, the Fed should continue to exercise patience, says Lindsey Piegza.
The Federal Reserve gave no insight into when it might hike rates, leaving markets to continue to focus on a December time frame as most likely.
The Federal Reserve should have started raising interest rates a long time ago, experts said Wednesday.
Analysts are skeptical of the Fed's next move after it chose to not change interest rates.
The doves have taken flight on Wall Street with the outlook for continued easy monetary policy from the Federal Reserve soaring to new heights.
Consumers were feeling a bit more optimistic than expected in July, as a key economic indicator held gains from June.
The pace of U.S. home price gains cooled off in May as regional patterns were seen shifting, according to the S&P/Case-Shiller monthly report.
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The buying power of the federal minimum wage hasn't kept up with inflation, despite periodic increases.
The number of Americans filing for benefits unexpectedly fell last week, hitting a three-month low as the labor market continues to gather momentum.
The health of the U.S. employment picture, despite the strong rebound in June, remains a work in progress and is still not inspiring much confidence.
Trump's campaign slogan may jibe well with many Americans, but it may be antithetical with how Cleveland's economy has changed.
U.S. homebuilders lost a little faith in their market in July, as foot traffic of potential buyers thinned and construction constraints continued.
Critics say Donald Trump's immigration policies will wreck the US economy. These five states in particular could be the biggest casualties.
Inflation rose for a fourth straight month as Americans paid more for housing, gas and health care, pointing to rising inflation pressures.
U.S. industrial production rose more than expected in June on large gains in automotive manufacturing and utility output, the Federal Reserve said.
U.S. retail sales posted a healthy increase in June, another sign that consumer spending picked up in the spring.
Billions of online transactions that are tracked on a daily basis by Adobe show deflation is rampant across several consumer categories.
The Labor Department said Thursday its producer price index for final demand rose 0.5 percent in June, versus analysts' expectations of 0.3 percent.
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