Economy

Federal Reserve Vice Chairman Richard Clarida, in his first major policy speech since being seated at the central bank, said more interest rate increases are likely warranted as the economy continues to gather strength. In […]

Orders to U.S. factories for big-ticket manufactured goods slowed significantly in September, while a key category that tracks business investment fell for a second straight month. The Commerce Department says demand for durable goods edged […]

“By December, the market could be back up again,” said Gus Faucher, chief economist at PNC Financial. “The Fed is looking through any market volatility and saying the underlying economy looks good, therefore it is […]