federal reserve

The Federal Reserve on Sunday approved Wells Fargo's $11.7 billion acquisition of Wachovia, removing the deal's last major regulatory hurdle.

From 1982 to 2000, the U.S. stock market went on the longest bull run ever, as share prices rose to dizzying heights.

In the late 1990s, a combination of factors, which included the Federal Reserve lowering interest rates, created a huge price bubble in Internet stocks.

Gold prices shot up above $900 an ounce Wednesday after the Federal Reserve slashed its key interest rate, undercutting the dollar and boosting demand for hard assets as an inflation hedge.

Silver also rose.

The world’s major central banks, including the Federal Reserve, the Bank of England and the European Central Bank announced the cuts in an attempt to staunch the financial crisis.

The U.S. Federal Reserve led a coordinated round of global official rate cuts on Wednesday, ordering an emergency interest rate cut of a half a percentage point.

The Federal Reserve cut a key interest rate by half a percentage point Wednesday to steady an economy teetering on the kind of financial collapse that America suffered in 1929.

The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

Frantically trying to stop the bleeding on Wall Street, the Federal Reserve took a first-time step Tuesday to get cash directly to businesses and hinted that interest rates could come down soon.

Stocks continued their free fall anyway and hit new five-year lows.

With financial markets still tumbling, the Federal Reserve is signaling that it might cut interest rates after a series of bold steps by federal regulators failed to stem the slide.

Neither presidential candidate offered a solution.

Federal Reserve chairman Ben Bernanke signaled Tuesday that a cut in interest rates may turn into a reality as a result of the current economic landscape and a better inflation outlook.