LONDON, May 26- Sterling rose to a 2-1/ 2 month high against a struggling euro on Tuesday, with the single currency weighed down by Greece's debt problems and interest rate differentials moving in favour of the British pound. The euro has been hit in recent days by a senior European Central Bank official flagging the possibility of aggressive bond buying and...» Read More
CNBC's Mandy Drury looks back at the week's top business and financial stories. The Lumber Liquidator CEO resigns. LA agrees to raise its minimum wage, and egg prices have nearly tripled because of the bird flu.
How the markets reacted to Janet Yellen's speech Friday afternoon, with CNBC contributor Evan Newmark; Michael Santoli, Yahoo Finance; Greg Ip, The Wall Street Journal; FM trader Tim Seymour and CNBC's Robert Frank.
NEW YORK, May 22- U.S. stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks. Fed Chair Janet Yellen on Friday said she expected the U.S. central bank to raise rates in 2015,...
David Darst, Independent investment consultant, tracks this week's action into the close.
Discussing Fed Chair Janet Yellen's speech on the economy, with Kevin Arnold, UBS, and CNBC's Steve Liesman.
*Fed Chair Janet Yellen speech pressures gold slightly. NEW YORK/ LONDON, May 22- Gold eased on Friday, on course for its first weekly decline in four weeks, after U.S. Federal Reserve Chair Janet Yellen said she expected an interest rate hike this year.
WASHINGTON, May 22- Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year. "It will give the Fed greater confidence that inflation will indeed make it to its target in the next couple of years, it increases the odds of faster Fed action,"...
Discussing economic data, and whether to trust growth, with CNBC contributor Jared Bernstein, and Ward McCarthy, Jefferies & Company.
Discussing investment strategies after Fed Chair Janet Yellen discussed the outlook for the U.S. economy, with CNBC contributor Jared Bernstein, and Ward McCarthy, Jefferies & Company.
Fed Chair Janet Yellen remarked on economic conditions going into the second half of the year. Hugh Johnson of Hugh Johnson Advisors, and Darin Richards, AKT Wealth, react to her remarks.
WASHINGTON/ PROVIDENCE, May 22- Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise interest rates this year, as the U.S. economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned. In a speech to a business group in Providence, Rhode Island, Yellen said she expected economic data to...
*Yellen comments leave rate expectations unchanged on Wall Street. *Microsoft down after report of Salesforce deal talk. May 22- U.S. stocks were flat on Friday after Federal Reserve Chair Janet Yellen said it would be appropriate to raise interest rates this year if the economy continues on its current path, in line with broad expectations on Wall Street.
Federal Reserve Chair Janet Yellen shares the most likely outlook for the U.S. economy, and evolution of monetary policy over the next few years.
Federal Reserve Chair Janet Yellen addresses the slowdown in energy, saying to keep in mind the U.S. is still a net importer of oil.
Federal Reserve Chair Janet Yellen remarks on the apparent slowdown in the first quarter.
Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on economic headwinds weighing on the market, and reasons she's confident the economy will grow.
Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on the state of consumer price inflation.
Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on unemployment data.
WASHINGTON— Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year— if the job market improves and the Fed is confident inflation will climb closer toward its target rate. The Fed has kept its key benchmark rate at a record low near zero since December 2008. "I think it will be appropriate at some point this year to...
Federal Reserve Chair Janet Yellen is speaking at the Greater Providence Chamber of Commerce Economic Outlook Luncheon on monetary policy and the U.S. economy.