Topic: Federal Reserve Bank of Philadelphia

Stocks fall amid discouraging economic reports

The Dow fell 156 points to close at 12442 – the index's 11th loss in 12 days – after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.

Stocks mixed as Europe haggles over debt fix

The Dow gained 37 points to end at 11541 after moving between gains and losses for most of the day. The S&P rose 5 points to 1215, but the Nasdaq dropped 5 points to end at 2598.

Homeowners cheer Fed's 'Operation Twist.' Wall Street, not so much.

The Federal Reserve announced Wednesday that it will drive down long-term interest rates through a strategy called 'Operation Twist.' The move has already pushed mortgage rates to historic lows, but Wall Street appears to have doubts about the plan's broader economic impact.

Stocks inch higher for fourth straight day

The Dow rose 53.58 points to close at 11,613.53 as a wild month for the financial markets ends quietly

Why the stock market took a pounding Thursday

The Dow Jones Industrial Average shed 419.63 points to close at 10,990.58. News from Europe and unfavorable economic reports in the US appear to be factors.

Stock traders: Here we go again

Stock traders see the Dow fall 500 points before paring some of its losses. European stock traders endure biggest one-day decline in almost three years.

Home building, jobs reports push Dow higher

Despite concerns that the Greek debt crisis might spread to the US, stocks rose on Thursday, with the Dow gaining about 64 points

Stocks close lower after choppy session

The Dow fell about 25 points, after rising and falling throughout the session. A positive call on commodities by Goldman Sachs drove up the price of oil and metals.

U.S. economic double-dip is coming

Markers across the economy indicate that we're due for another downturn.

The barely discernable economic recovery: What happened?

The US is no longer in a recession, most economists say. But the economic recovery has slowed due to cautious attitudes among consumers and businesses, among other factors.

State of the Union: Survey shows slight economic improvement at state level

The latest Coincident Indexes for the 50 States report showed slight improvements in many states, but overall persistent weakness in economic activity.

New forecasts: better US economy, fewer jobs

Consumer confidence falls unexpectedly in August

The fewest consumers in six decades say their own finances are improving.

If global recession is over, what will recovery look like?

Tepid but sustainable, is the most common answer. Growth in Asia will be the main driver, with help from a modest revival in the US.

US leading indicators: signs of thaw?

How deep a recession?

The housing-bubble collapse makes recovery hard to predict.

Tax rebates: How big a boost?

The $107 billion stimulus is now flowing to taxpayers, to spend or save as they see fit.

Whip inflation now

Not just gas prices are high. The Fed needs to start thinking of raising interest rates.