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Stories with organization: Federal Reserve System
  • Fed report shows autos and housing fueling US growth 
    Updated: Sep-02-15 4:31 pm

    WASHINGTON - While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.

  • Survey: US businesses hired at steady pace in August story has photos
    Updated: Sep-02-15 9:28 am

    WASHINGTON - U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found.

  • Correction: The Month Ahead story 
    Updated: Aug-31-15 12:35 pm

    In a story Aug. 28, about upcoming events, The Associated Press reported erroneously the dates of business events expected in the first week in September.

  • Fed Vice Chair Fischer keeps open possibility of Sept. hike story has photos
    Updated: Aug-29-15 4:33 pm

    WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade.

  • Petra Kvitova Lucie Safarova advance to New Haven final story has photos
    Updated: Aug-28-15 10:32 pm

    NEW HAVEN, Connecticut - Second-seeded Petra Kvitova beat third-seeded Caroline Wozniacki 7-5, 6-1 on Friday night to reach the Connecticut Open final for the fourth consecutive year.

  • US consumer spending up moderate 0.3 percent in July story has photos
    Updated: Aug-28-15 9:19 am

    WASHINGTON - U.S. consumers increased their spending moderately in July, as wages and salaries made their biggest jump in eight months.

  • The US economy's second quarter went from solid to stellar story has photos
    Updated: Aug-27-15 6:49 pm

    WASHINGTON - The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.

  • Fed official says September rate hike 'less compelling' 
    Updated: Aug-26-15 4:29 pm

    WASHINGTON - The head of the New York Federal Reserve Bank said Wednesday he's less inclined to support a Fed rate hike in September amid recent global turmoil, including falling oil prices and a slowdown in China.

  • As stock prices sink, ordinary Americans keep their heads up 
    Updated: Aug-25-15 6:55 am

    WASHINGTON - Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note:

  • Fed Up group plans counter Jackson Hole conference 
    Updated: Aug-24-15 5:30 pm

    WASHINGTON - Federal Reserve Chair Janet Yellen may be skipping this year's annual gathering of central bank policymakers in Wyoming, but a group of demonstrators will be making their second appearance at the elite gathering. And this year they will be conducting their own teach-in aimed at convincing the Fed that it should not be raising interest rates at its September meeting.

  • Survey: Most economists say Fed will raise rates in 2015 
    Updated: Aug-24-15 2:49 pm

    NEW YORK - The vast majority of business economists expect the Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday.

  • AP survey: Dimmer outlook for US economy, wages and hiring 
    Updated: Aug-24-15 2:13 pm

    WASHINGTON - For much of the economy's fitful and sluggish six-year recovery from the Great Recession, analysts have foreseen a sunnier future: Growth would pick up in six months, or in a year.

  • 5 factors that could forestall a Fed rate hike in September 
    Updated: Aug-20-15 12:07 am

    WASHINGTON - Thanks to a strengthening U.S. economy, four weeks from now the Federal Reserve is widely expected to engineer its first interest rate hike in nearly a decade. Rates on loans throughout the economy could eventually rise as well.

  • US consumer inflation slowed in July story has photos
    Updated: Aug-19-15 9:35 am

    WASHINGTON - The biggest drop in airline fares in nearly two decades slowed consumer inflation in July following two months of slightly faster gains.

  • Dallas Fed bank taps Harvard professor as new president 
    Updated: Aug-17-15 2:13 pm

    WASHINGTON - A professor and associate dean at the Harvard Business School has been selected as the new president of the Federal Reserve Bank of Dallas.

  • US factory output climbed in July, lifted by auto production story has photos
    Updated: Aug-14-15 10:20 am

    WASHINGTON - Auto plants, clothing makers and plastics factories drove a sharp rebound in U.S. manufacturing in July.

  • US producer prices up just 0.2 percent in July story has photos
    Updated: Aug-14-15 9:09 am

    WASHINGTON - Prices charged by producers rose more slowly in July, reflecting declines in both food and energy.

  • China tries to quell fears of more big devaluations story has photos
    Updated: Aug-13-15 1:16 am

    BEIJING - China tried Thursday to quell fears its yuan would fall further, saying it is close to market levels following declines that sparked fears of a "currency war" if other governments respond by pushing down their own exchange rates.

  • Q&A: What's behind the China's yuan devaluation 
    Updated: Aug-12-15 5:23 pm

    WASHINGTON - The slide continues.

  • As Chinese yuan falls more, some see little cause for alarm 
    Updated: Aug-12-15 3:53 pm

    WASHINGTON - A free-falling Chinese currency could make China's goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China's exports and complicate the Federal Reserve's decision on whether to raise American interest rates.

  • Q&A: What yuan devaluation means for China, other countries story has photos
    Updated: Aug-11-15 11:37 pm

    BEIJING - China rattled global financial markets by devaluing its currency in what it said was an effort to make its exchange rate more market-oriented. The yuan's value declined 1.9 percent on Tuesday, its biggest one-day drop in a decade, and dropped a further 1.6 percent on Wednesday. The move could help Chinese companies by making their products less expensive in global markets. U.S. stocks sank, partly on fears about a worsening economic slowdown in China.

  • Steady US job gains likely foretell a new era: Higher rates story has photos
    Updated: Aug-07-15 7:28 pm

    WASHINGTON - A new era of higher rates on home and car loans, steeper borrowing costs for businesses and the government - maybe even a bit more return for savers - is about to arrive.

  • US economy adds 215K jobs and moves Fed closer to rate hike story has photos
    Updated: Aug-07-15 2:05 pm

    WASHINGTON - The U.S. job market just demonstrated that it may be nearing full health more than six years after the Great Recession - and showed why the Federal Reserve may be about to raise interest rates from record lows.

  • Fannie Mae posts $4.6B profit in 2Q; paying $4.4B dividend 
    Updated: Aug-06-15 9:38 am

    WASHINGTON - Mortgage giant Fannie Mae reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier. Rising interest rates enabled Fannie to post gains on the investments it uses to hedge against swings in rates.

  • Freddie Mac posts $4.2B profit in 2Q; paying $3.9B dividend story has photos
    Updated: Aug-04-15 11:28 am

    WASHINGTON - Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes of riskier mortgages.