Federal Reserve

NBR_SOCIAL_MEDIA_PROMO (7)

Stocks rallied and stayed there after Fed Chief Janet Yellen spoke. What did she say that the market seems to like?

Stocks rally as Fed calms rate worries; Nasdaq positive for 2014

U.S. stocks jumped on Wednesday, lifting the Nasdaq Composite into positive terrain for the year, after minutes from the Federal Reserve’s last session offset concern about when the central bank would raise interest rates. The Federal Open Market Committee’s minutes had policy makers unanimous in agreeing to drop an unemployment target for hiking rates. The …

NBR_SOCIAL_MEDIA_PROMO

The Fed moves markets – again. What does it mean for stocks and the economy? For this story and more tune in tonight.

100893640-100724438-federal-reserve-clouds_r.240x160

The members of the Federal Open Market Committee agreed unanimously in March that a 6.5 percent unemployment target for raising interest rates was “outdated” and should be removed, according to meeting minutes. This is breaking news. Check back here for updates. In the lone surprise development from the minutes, the Fed held a previously undisclosed …

Stocks end higher as Yellen vows to support economy, but log lackluster Q1

Stocks wrapped up the session on a high note, with the Dow logging triple-digit gains, after Federal Reserve Chair Janet Yellen said there’s still room for the central bank to help the economy. But major index ended relatively flat for the first quarter of 2014. “This week, we’ll see a bit of bargain hunting, especially …

101522029-479549639.240x160

The Federal Reserve will continue to bolster the U.S. economy, Fed Chair Janet Yellen said on Monday, given the halting pace of the recovery and a still moribund job market. In some ways, labor conditions are tougher now than in any other recession, Yellen said at a speech in Chicago. She added the Fed’s “extraordinary …

Tough times in the Citi

The Federal Reserve is coming down hard on a number of financial institutions, barring them from increasing their dividends or buying back their own stocks – until they have enough cash on hand to withstand another financial shock. Citigroup is the biggest bank that got its capital return plans rejected by the Fed, sending shares lower initially in late trading.

101522557-20140325-5881-581.240x160

Philadelphia Fed President Charles Plosser told CNBC on Tuesday he found the market’s reaction the last week’s Fed statement surprising and that the Fed did not change its position on interest rates. A noted hawk on the Fed’s largely dovish board, Plosser said he believes interest rates should hit 3 percent by the end of …

NBR_SOCIAL_MEDIA_PROMO

When rates rise – and they will at some point – what does that mean for your investments, the housing market and savers?

101507651-475279645.240x160

Wall Street acted like judges at a beauty pageant during Fed Chair Janet Yellen’s debut, one market professional told CNBC on Thursday. As Yellen hinted Wednesday at raising benchmark interest rates sooner than expected—during the first half of 2015—the stock market answered with a 114-point drop in the Dow Jones Industrial Average. Westwood Capital Managing Director …

101305610-136135725.240x160

U.S. stocks turned higher on Thursday after the Conference Board’s index of U.S. leading indicators climbed 0.5 percent last month, signaling the nation’s economy would strengthen after first-quarter weakness. Data released Thursday had the count of Americans filing for jobless benefits rising by 5,000 to 320,000 last week, less than the 325,000 estimated by economists polled by …

NBR_SOCIAL_MEDIA_PROMOYELLEN

Fed Chair Janet Yellen causes some confusion and volatility on Wall Street. What did she say and what did she really mean?

101507651-475279645.240x160

Stocks eased off session lows but still finished firmly in the red Wednesday after Federal Reserve Chair Janet Yellen suggested interest rate hikes would happen about six months after quantitative easing ends. “The market is terrified of rising interest rates and any hint of them coming sooner than they think pushes it down the way …

101449383-470167159.240x160

This is a breaking news story. Check back here for updates. At its first meeting under new Chair Janet Yellen, the Federal Reserve agreed to dial down its stimulus package another notch, and changed its view on when interest rates will rise. In moves widely anticipated by financial markets, the Fed Open Market Committee voted …

101500869-475300793.240x160

Baring the unexpected, economic data and the Federal Reserve are expected to get the bulk of Wall Street’s attention, starting on Tuesday. The question for Wall Street is, “are we looking at ongoing weather-related data, or are we going to see incremental improvement?” asks Art Hogan, chief market strategist at Wunderlich Securities. The Ukraine crisis is “something …