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The U.S. economic recovery continued early in 2015 despite a stronger dollar, plunging crude oil prices and an unusually cold winter weather, according to the Federal Reserve's Beige Book. The Beige Book, published by Fed ahead of policy meetings, surveys businesses on the economic conditions from...

ismnon-030415.jpg Activity in the U.S. service sector unexpectedly grew at a slightly faster rate in the month of February, according to a report released by the Institute for Supply Management on Wednesday.

MarioDraghi-ECB-030415.jpg The European Central Bank on Thursday is set to detail its historic $1.1 trillion quantitative easing plan announced in January and present its latest batch of growth and inflation forecasts for the euro area, after what is likely to be an otherwise uneventful rate-setting session now that the drama...

Activity in the U.S. service sector unexpectedly grew at a slightly faster rate in the month of February, according to a report released by the Institute for Supply Management on Wednesday.

ADP-030415.jpg Payroll processor ADP released a report on Wednesday that once again showed solid private sector job growth above 200,000 jobs in the month of February, although the pace of growth saw a notable slowdown compared to the previous month.

Payroll processor ADP released a report on Wednesday that once again showed solid private sector job growth above 200,000 jobs in the month of February, although the pace of growth saw a notable slowdown compared to the previous month.

Federal Reserve Chair Janet Yellan raised questions about ethics in the financial industry on Wednesday. "It is unfortunate that I need to underscore this, but we expect the firms we oversee to follow the law and to operate in an ethical manner. Too often in recent years, bankers at large institutions...

Consumer price inflation in the developed economies eased for the third straight month in January to its lowest level in more than five years, dragged down by further decline in energy prices, figures from the Organization for Economic Cooperation and Development, or OECD, revealed Tuesday. The consumer...

Patrick Harker, head of the University of Delaware, will succeed outgoing Philadelphia Federal Reserve Chairman Charles Plosser on July 1. Harker is currently a member of the Philadelphia Fed's board of directors. The appointment was jointly approved the Philadelphia Fed's board and the Board of...

Adding to concerns that the U.S. economy in the midst of winter lull for the second year running, U.S. construction spending unexpectedly fell in January. Spending on U.S. construction projects declined 1.1 percent in January to a seasonally adjusted annual rate $971.4 billion, the U.S. Commerce Department...

ismman-030215.jpg With labor issues at West Coast ports continuing to cause problems for exporters, the Institute for Supply Management released a report on Monday showing that U.S. manufacturing activity growth slipped to its lowest in more than a year. The ISM said its purchasing managers index fell to 52.9 in February...

U.S. consumer spending fell in January for a second consecutive month, due largely to a big drop in gasoline prices. The Commerce Department said on Monday consumer spending slipped 0.2 percent after falling 0.3 percent in December. Analysts expected a slightly smaller decline of 0.1 percent. However,...

New government data released on Monday showed that personal income rose in January. However spending unexpectedly declined. Personal income increased by 0.3 percent in January. Economists had expected the measure to rise by 0.4 percent. Meanwhile, personal spending fell for the month. The figure...

William C. Dudley, New York Federal Reserve President today urged caution on raising interest rates, citing uncertainty about the sustainability of the U.S. economic recovery. "I do think that the real potential GDP growth rate will be lower over the medium term, held down by much slower growth of...

CONSUMER-RETAIL_27Feb15.jpg Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of February, the University of Michigan revealed in a report on Friday. The report said the final reading on the consumer sentiment index for February came in at 95.4 compared to the preliminary reading of 93.6.

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