U.S. stock indexes in biggest hit since June

NEW YORK, Aug. 6 (UPI) -- U.S. stock indexes dropped the most in 5 1/2 weeks Tuesday after Federal Reserve officials said the central bank might soon start cutting its easy-money policy.

Light week for U.S. economic reports

NEW YORK, Aug. 5 (UPI) -- Service-sector business barometers for the United States, the eurozone and Britain kicked off a light week for economic reports.

Lagarde: 'Too big to fail' banks 'dangerous'

NEW YORK, April 11 (UPI) -- "Too big to fail" banks are "more dangerous than ever" to the U.S. and world economies and must be reined in, the International Monetary Fund chief said.

UPI NewsTrack Business

In Europe, complacency creeping in ... Fed in 2007 slow on the uptake ... Small grocer, Magruder's, wraps it up ... Germany to move gold reserves back home ... News from United Press International.

UPI NewsTrack Business

Fed in 2007 slow on the uptake ... Game-maker Atari files for Chapter 11 ... Anschutz bets Wyo. wind will power Calif. ... Crude oil hovers over $95 ... News from United Press International.

Fed in 2007 slow on the uptake

WASHINGTON, Jan. 21 (UPI) -- U.S. Federal Reserve officials tried to steer clear of the word recession at policy meetings through much of 2007, meeting transcripts show.

Fed: Action likely justified 'fairly soon'

WASHINGTON, Aug. 23 (UPI) -- Something will probably need to be done soon to boost the U.S. economy if growth doesn't pick up considerably and stay considerable, the Federal Reserve said.
Fed 'hawks' speak up

Fed 'hawks' speak up

WASHINGTON, Aug. 16 (UPI) -- Several policymakers at the U.S. Federal Reserve said they had doubts that a new round of bond buying would give the economy a significant boost.

Dallas Fed president looks at Fed's limits

DALLAS, Jan. 20 (UPI) -- Dallas Federal Reserve President Richard Fisher says he's interested in not only what the Fed can do but also what it can't.

U.S. bank keeps lending rate unchanged

WASHINGTON, June 25 (UPI) -- The U.S. Federal Reserve Open Market Committee said Wednesday it would keep federal fund rates unchanged at 2 percent.

U.S. stocks fall on Fed comments

NEW YORK, Feb. 9 (UPI) -- U.S. stock indexes fell Friday after two Federal Reserve officials said inflation pressures could prompt an interest rate hike.

Fed's Fisher would push for interest hike

DALLAS, Feb. 9 (UPI) -- Dallas Federal Reserve bank President Richard Fisher said Friday he would "aggressively" push for interest-rate increases if inflation pressures returned.

Report: Chinese sub tailed U.S. ships

WASHINGTON, Nov. 13 (UPI) -- A Chinese submarine coming within firing range of U.S. ships before detection indicates China is preparing for conflict with the United States, a report said. Defense officials said the Song-class diesel-powered attack submarine tailed the USS Kitty Hawk

Fed official says inflation is declining

DALLAS, Sept. 29 (UPI) -- The head of the Federal Reserve Bank of Dallas says fresh data indicate U.S. inflation may be declining.

Inflation warning hits U.S. stocks

NEW YORK, Oct. 6 (UPI) -- A Federal Reserve official's warning about inflation Thursday offset good corporate news to cut into prices on U.S. stock markets.
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