Chairman Powell: Fed is in no hurry to raise interest rates
WASHINGTON — Federal Reserve Chairman Jerome Powell told Congress today that the central bank will not begin raising interest rates until it believes it has…
WASHINGTON — Federal Reserve Chairman Jerome Powell told Congress today that the central bank will not begin raising interest rates until it believes it has…
SILVER SPRING, Md. — Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments…
WASHINGTON (AP) — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and…
NEW YORK — Lowe’s Cos. extended its strong sales streak through the holiday season as customers kept investing in their homes during the pandemic. The…
WASHINGTON — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors…
ExxonMobil is selling most of its upstream assets in the United Kingdom central and northern North Sea to HitecVision for more than $1 billion. The…
SAN FRANCISCO — Fry’s Electronics, the go-to chain for tech tinkerers looking for an obscure part, is closing for good. The company, perhaps even more…
HONG KONG — Hong Kong will introduce 120 billion Hong Kong dollars ($15.4 billion) in fiscal measures to help businesses and residents impacted by the…
WASHINGTON — Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness today in remarks that suggested that the Fed sees no need to…
SILVER SPRING, Md.) — U.S. consumer confidence rose again in February as an accelerating COVID-19 vaccine push provides hope for Americans who have lived through…