MARTIN CRUTSINGER

Fed keeps key rate unchanged; no hint on timing of next hike

WASHINGTON - The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur. Read more

Yellen: Persistent economic weakness could slow rate hikes

WASHINGTON - Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy's growth and slow the pace of Fed interest rate hikes. Read more

Economy expected to strengthen after weak 4th quarter

WASHINGTON - The U.S. economy struggled to grow in the October-December quarter as consumer spending, business investment and exports slowed. Read more

Fed raises interest rate from record low

WASHINGTON - The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans. Read more

Noting a slower economy, Fed no closer to a rate hike

WASHINGTON - The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon. Read more

Improving US economy leads Fed to ease stimulus

WASHINGTON - The Federal Reserve on Wednesday sent its strongest signal of confidence in the U.S. Read more

Retail sales weaken in Dec. but cap a record year

WASHINGTON - America's retailers enjoyed a record 2011 and their first $400 billion sales months ever. But the final month of the year was a dud. Sales eked out a 0.1 percent increase in December, to a seasonally adjusted $400.6 billion. Read more

Summer growth calms recession fears: Will it last?

WASHINGTON - A summer of modest economic growth is helping dispel lingering fears that another recession might be near. Whether the strength can be sustained is less certain. The economy grew at an annual rate of 2. Read more

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