Business

No Clear Signs of Rate Hikes, US Fed Keeps Slowing Bond Buying

File photo of U.S. Federal Reserve chair Janet Yellen testifying before the Senate Banking, Housing and Urban Affairs Committee on July 15, 2014 in Washington, D.C. (Win McNamee/Getty Images)
File photo of U.S. Federal Reserve chair Janet Yellen testifying before the Senate Banking, Housing and Urban Affairs Committee on July 15, 2014 in Washington, D.C. (Win McNamee/Getty Images)

WASHINGTON—The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it’s offering...


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  • FILE - This Monday, July 15, 2013 file photo shows the American flag and Wall St. street sign outside the New York Stock Exchange, in New York. European and Asian stocks rose Tuesday, July 29, 2014 ahead of a string of U.S. and Chinese economic reports later this week and despite the possibility of more sanctions on Russia. Wall Street was expected to rise on the open. (AP Photo/Mark Lennihan, File)

    Wall Street Stocks Flat at Midday Ahead of Economic Data

    NEW YORK—U.S. stock indexes flattened in the late morning following early gains on Tuesday. Major indexes in Europe and Asia climbed ahead of a string... Read more

  • Trader Glenn Kessler works on the floor of the New York Stock Exchange Monday, July 28, 2014. The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies. (AP Photo/Richard Drew)

    US Stocks Down at Midday

    NEW YORK—Major U.S. stock market indexes nudged lower in midday trading on Monday, weighed down by a report of sluggish sales in the housing market... Read more

  • The VISA logo hangs on the front of the New York Stock Exchange on March 19, 2008 in New York. (Don Emmert/AFP/Getty Images)

    Weak Results From Visa, Amazon Pull Stock Market Lower

    NEW YORK—The stock market sank in early trading Friday after Visa and Amazon posted weaker results than Wall Street expected. If the declines continue, the... Read more

  • A man is reflected on an electronic stock board of a securities firm in Tokyo, Thursday, July 24, 2014. (AP Photo/Eugene Hoshiko)

    World Stock Markets Mixed Anticipating US Data Next Week

    MUMBAI, India—European stock markets were down Friday, while Asian markets took cheer from U.S. unemployment claims falling to an eight-year low. Traders were generally cautious... Read more

  • People walk past empty apartment buildings and streets in the "ghost city" of Ordos, Inner Mongolia, Sept. 12, 2011. (Mark Ralston/AFP/Getty Images)

    China’s Subprime Moment Arrives

    For years now the terms “Chinese housing” and “bubble” were invariably uttered together; sometimes with exclamation marks and sometimes with questions marks. In 2014 another... Read more

  • Specialist Glenn Carell (L) works at his post on the floor of the New York Stock Exchange, on July 3, 2014. (AP Photo/Richard Drew)

    Wall Street Today: After Much Movement, Stocks End Where They Began

    NEW YORK—Only Wall Street could make the buying and selling of more than 3 billion shares look like nothing happened. Major U.S. stock indexes ended... Read more

  • Positive earnings reports from many major companies have inspired investors to push up prices on Wall Street. (AP Photo/Mark Lennihan, File)

    Positive Earning Reports Drive Wall Street Stocks Upwards

    NEW YORK—Stocks mostly rose in early trading Thursday as several big companies across industries reported second-quarter earnings, including Facebook, Ford and equipment maker Caterpillar. Keeping... Read more

  • Specialist Meric Greenbaum, left, and trader John Liotti work on the floor of the New York Stock Exchange Friday, July 18, 2014. (AP Photo/Richard Drew)

    Stock Futures Rising on More Positive Earnings Reports

    NEW YORK—Stocks headed for a higher close late Friday afternoon, rebounding on a wave of strong corporate earnings from Google, Honeywell and other big companies... Read more

  • The Securities and Exchange Commission (SEC) headquarters in Washington. (AP Photo)

    SEC Drops $1 Fixed Money Market Share Price

    WASHINGTON—Regulators have voted by a narrow margin to end a longtime staple of the investment industry—the fixed $1 share price for money market mutual funds—at... Read more

  • Specialist Jay Woods is reflected in a screen at his post that shows five years of the Dow Jones industrial average, on the floor of the New York Stock Exchange, Thursday, July 3, 2014. (AP Photo/Richard Drew)

    Earnings Reports Lift Wall Street Stock Futures

    NEW YORK—U.S. stock futures are edging up ahead of the opening bell as investors size up earnings reports from Apple, Boeing and other big companies... Read more

  • Palestinian firefighters try to extinguish a burning cargo terminal at Karni Crossing between Israel and Gaza after it was shelled by Israeli tanks, according to terminal's employees, Saturday, July 12, 2014. (AP Photo/Hatem Moussa)

    Gaza Peace Efforts Help Keep Oil Above $102 per Barrel

    The price of oil inched further above $102 a barrel Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe... Read more

  • This March 4, 2013, photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. US stock futures pointed higher early Tuesday, July 22, 2014, as more corporate earnings rolled in. Shares in the restaurant chain Chipotle and the cable company Comcast surged after they reported results that were better than Wall Street expected. (AP Photo/Mark Lennihan)

    Solid Earnings Drive More Gains in US Stocks

    NEW YORK—U.S. stocks are closing higher as more companies turn in solid earnings. Lockheed Martin rose 3 percent after the defense contractor’s profit and revenue... Read more

  • (L-R) Argentina's Globant CTO Guibert Englebienne, Chief of Staff Martin Umaran, CFO Alejandro Scannapieco, and CEO Martin Migoya, ring a ceremonial bell, as their company's IPO begins trading, on the floor of the New York Stock Exchange, Friday, July 18, 2014. US stocks are opening higher after Google, Honeywell and other big companies report their quarterly results. (AP Photo/Richard Drew)

    US Stocks Climb as Earnings Reports Roll In

    NEW YORK—Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle Mexican Grill and the... Read more

  • People walk past an electronic stock indicator in Tokyo, Tuesday, July 22, 2014. (AP Photo/Shizuo Kambayashi)

    Global Stock Markets Rebound as Tensions Over MH17 Ease

    LONDON—Global stocks rallied Tuesday amid more solid U.S. earnings reports and as the bodies of those killed in the Malaysia Airlines crash reached Ukrainian government-controlled... Read more

  • This March 4, 2013 file photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. (AP Photo/Mark Lennihan, File)

    Wall Street Stock Futures Climb on Positive Earnings Reports

    NEW YORK—U.S. stock futures pointed higher early Tuesday as more corporate earnings rolled in. Shares in the restaurant chain Chipotle and the cable company Comcast... Read more

  • This July 16, 2013, photo shows a Wall Street street sign outside the New York Stock Exchange in New York. (AP Photo/Mark Lennihan)

    US Stock Slip to Start the Week; Six Flags Sinks

    NEW YORK—The stock market started the week with a slight loss on Monday as investors weighed a mixed batch of corporate earnings against mounting political... Read more

  • A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, June 10, 2014. (AP Photo/Eugene Hoshiko)

    World Stocks Weak as Pressure on Russia Grows

    BEIJING—World stock markets remained on the back foot Monday as tensions grew between Russia and the West over the downing of an airliner in eastern... Read more

  • A pro-Russia rebel shouts as members of the OSCE mission to Ukraine and Holland's National Forensic Investigations Team inspect a refrigerated train loaded with the bodies of passengers in Torez, eastern Ukraine, 15 kilometers (9 miles) from the crash site of Malaysia Airlines Flight 17, Monday, July 21, 2014. (AP Photo/Vadim Ghirda)

    Oil Prices Drop as Ukraine Fears Abate

    Oil prices fell further Monday as concern about Ukraine eased but still were elevated on anxiety about the Middle East. Prices rose last week on... Read more


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