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Market action in August has raised some questions about a slowing global economy for the second-half of the year, William Dudley said Friday.
Stocks that performed the worst in the summer market have increased by 15% since Sept. 29 while other stocks fail to impress. USAT reports.
Cheaper oil and less demand for autos and machinery weighed on wholesalers in August, as their inventories edged up just slightly while sales dropped.
A U.S. rate hike is still probably coming in October or December despite some conflicting economic signals, Dennis Lockhart said.
U.S. import prices barely declined in September, with oil prices rebounding and the drag on prices from a weak global economy appearing to moderate.
The world's confidence in the U.S. could disappear quickly if Congress falters with economic issues.
The Federal Reserve should have hiked in March and "has kept rates too low too long," Morgan Stanley CEO James Gorman said.
Minutes from the Sept. 16-17 meeting showed the Fed's policymaking committee was unsettled by signs of a global economic slowdown.
McCarthy's withdrawal throws further uncertainty on congressional leadership ahead of crucial budget negotiations.
Bank stocks suggest weak earnings but that isn't the case for all banks, says analyst Dick Bove.
The number of Americans filing new applications for jobless benefits fell more than expected, despite the recent slowdown in hiring.
Traders are starting to doubt the Federal Reserve command's of monetary policy, according to Societe Generale’s strategist, Albert Edwards.
As a joint federal-state program serving the poor, Medicaid stands on narrower, shakier ground. That's especially true in the GOP presidential race.
U.S. Democratic presidential candidate Hillary Clinton will propose a tax on high-frequency trading, her campaign said.
Obama has apologized to Doctors Without Borders for the air attack that hit a medical clinic in Afghanistan.
Slowing global growth has been one of the predominant investing themes in 2015
Here are three reasons the Trans-Pacific Partnership will be beneficial in the long run, says former JPM exec Kabir Sehgal.
The former Fed chairman also says the central bank faces "a tough call" on whether or not it should raise interest rates.
As they search for a presidential candidate, Republican voters face a choice on taxes: Reform the existing system, or start a new one?
The Fed should communicate its views well enough that markets will not be taken by surprise by a rate hike, a top U.S. central banker said.