Economy Live

Stocks steadily strengthened after the Federal Reserve's recent interest rate cut, but failed to meet with the anticipated promises. Market is continuously being hurt by the debt market - to alleviate the ongoing credit crunch and to calm the market.

Wall Street retreated after Federal Reserve Chairman, Ben Bernanke's comment that the deteriorating economy pace, rising inflation and looming housing sector will remain a risk to consumer spending and overall economic growth. Amid the inflation...

The Federal Reserve in its latest Beige Book report on the economy gave a more encouraging assessment of US regional economies, as manufacturing and job growth picked up. The economy continued to expand at a moderate pace in most regions of the...

The US worker productivity grew at a slower pace than the government initially estimated in the first quarter, driving up labor costs and strengthening concerns about inflation. The US Labor Department has reported that the productivity in the...

Federal Reserve Chairman Ben Bernanke has said that the financial system can survive the fallout from the subprime-mortgage market 'without serious problems.' The Federal Reserve does not anticipate broader economic consequences from the...

The Federal Open Market Committee, in an expected move, decided to leave its target for the federal-funds rate unchanged at 5.25 percent for a seventh consecutive meeting, hardly shifting the accompanying statement from the previous meeting....

US stocks lost more ground after Federal Reserve Chief Ben Bernanke highlighted risks to US economic growth and signaled a steady hand on interest rates. Shares of some of the biggest US corporations, General Motors, retailer Wal-Mart and Boeing fell,...

Federal Reserve chairman Ben Bernanke appealed to investors to relax following a global stock market meltdown that eliminated more than $1-trillion of gains. The chairman insisted that the U.S. economy remains sound. Fed chief has stated that his.

The Stock Market is a fragile world. The 9 percent slide in Chinese Stocks on Tuesday did send the stocks on Wall Street tumbling 3 percent, the lowest since the 9/11 terrorist attack in 2001. The big question emerging is - Is the party over? Are..

Federal Reserve Chairman Ben Bernanke has warned the policymakers to make sure individual workers should not be allowed to suffer too much from the effects of free-trade, globalization, technological progress and other developments that have...