The Federal Reserve building in Washington
The Federal Reserve building is seen in Washington on August 10, 2010. UPI/Alexis C. Glenn
Latest Headlines
Crude oil prices climbed toward $96 per barrel in New York Friday with an extended equities rally returning to Wall Street after a one-day pause.
Officials say they'll test unmanned aerial vehicles at a nature reserve on Russia's Pacific coast this summer to monitor wildlife and crack down on poachers.
"Early baby boomers" in the United States are more prepared for retirement than those younger and older, a study released Friday said.
A dour Labor Department report threw cold water on an extended U.S. stock rally Thursday.
The Philadelphia Federal Reserve Bank said the bank's mid-Atlantic manufacturing indexes dropped into negative territory in May.
U.S. consumer prices dropped 0.4 percent in April, pulling the 12-month inflation rate down to 1.1 percent, the U.S. Bureau of Labor Statistics said Thursday.
Industrial production dropped 0.5 percent in April after rising 0.3 percent in March, the U.S. Federal Reserve said Wednesday.
Manufacturing activity declined in New York in May for the first time in four months, the Federal Reserve Bank of New York said Wednesday.
U.S. stock indexes moved higher again Friday, with the Dow Jones industrial average setting yet another record in a third consecutive week of gains.
U.S. Federal Reserve Chairman Ben Bernanke said the central bank is more vigilant than ever, but the system on the whole remains vulnerable to crisis.
