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Thursday, October 1, 2020
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Tags Federal Reserve

Tag: Federal Reserve

US household wealth hits record even as economy struggles

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high...

Federal Reserve sees rates near zero at least through 2023

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve expects to keep its benchmark interest rate...

US stocks tick up ahead of Federal Reserve’s rate decision

By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks were ticking higher on...

Consumer prices up 0.4% in August as used car prices surge

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car...

Perryman: Federal Reserve policy shift is a big deal

Even if inflation trends upward and rises above 2%, the new Fed policy permits it to not immediately tighten interest rates to...

Fed: Rates to stay ultra-low even after inflation picks up

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Federal Reserve announced a significant change Thursday in how...

Fed’s Main Street pandemic support program off to slow start

By MARTIN CRUTSINGER and CHRISTOPHER RUGABER AP Economics WritersWASHINGTON (AP) — The Federal Reserve says that its Main Street Lending Program designed...

Wall Street rallies as Fed keeps rates pinned at record low

By STAN CHOE AP Business WriterNEW YORK (AP) — Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its...

Fed sees dim economic outlook as virus squeezes economy

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve expressed concern Wednesday that the persistent viral...

Fed extends lending programs as pandemic’s impact lengthens

By CHRISTOPHER RUGABER AP Economics WriterWASHINGTON (AP) — The Federal Reserve will extend seven of its emergency lending programs through the end...

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Google to pay $1 billion over 3 years for news content

LONDON (AP) — Google will pay publishers $1 billion over the next three years for their news content.The internet search giant said...

More than 100 recommendations made to improve Houston police

By JUAN A. LOZANO Associated PressHOUSTON (AP) — A task force in Houston which was appointed during this summer's nationwide protests over...

Country star and hit Elvis songwriter Mac Davis dies at 78

By KRISTIN M. HALL AP Entertainment WriterNASHVILLE, Tenn. (AP) — Country star Mac Davis, who launched his career crafting the Elvis hits...

American, United to furlough 32,000 as time runs out on aid

By DAVID KOENIG AP Airlines WriterAmerican Airlines and United Airlines say they will begin to furlough 32,000 employees after lawmakers and the...