Inflation needs to move closer to target before the Federal Reserve shifts towards a tapering of its bond purchase program, James Bullard told CNBC.» Read More
Inflation needs to move closer to target before the Federal Reserve shifts towards a tapering of its bond purchase program, James Bullard told CNBC.
If there's one thing the world's central bankers can take away from this week's market volatility, it is that they need to do a better job of communicating, say market watchers.
A day after Japanese equities witnessed their sharpest one-day drop in more than two years, optimism over the country's stock market remains unshaken.
The huge volatility in the Japanese market is not surprising given the aggressive monetary policies put in place in the country over the last six months, St Louis Federal Reserve Chairman James Bullard told CNBC.
Japan's stock market witnessed a second-straight day of heightened volatility on Friday, swinging from gains of 3 percent to deep losses before bouncing back again.
The volatility in the Japanese government debt market has unnerved investors in domestic banks, with the country's top lenders alone holding an estimated $390 billion worth of these bonds.
McDonald's will add its most caloric item ever to its menu in Japan beginning next week, with the "Street Signs" crew.
Procter and Gamble said it is bringing former CEO A.G. Lafley out of retirement to be its new Chairman and CEO, effective immediately.
A colliding truck may have triggered the collapse on Thursday of part of a four-lane freeway bridge in Washington state, officials said.
Lois Lerner, the IRS official whose unit is at the center of the alleged Tea Party targeting, has been placed on administrative leave and an acting director has been named.
Yet lobbying groups still claim we've got a shortage of computer programmers.
The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.
They may both be "BRICs", but China and Brazil face opposite problems and should take tips from each other, according to a report by Capital Economics out on Thursday.
On Thursday the government's top climate agency said the 2013 hurricane season could be extremely active and spawn 13 to 20 tropical storms.
Britain came within six hours of running out of natural gas in March, highlighting the risk of supply shortages amid declining domestic production, the FT reports.
Federal regulators have started a new probe of whether Google has violated antitrust laws.
Whether or not the industry ends May with the best monthly sales rate since January depends largely on whether or not dealers enjoy strong business Memorial Day Weekend.
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago but that the region needed more integration - and the U.K should be a part of that.
Big companies' tax affairs in Europe are to be opened up to greater public scrutiny with the EU rushing out a law to reveal corporate profits and taxes on a country-by-country basis, the FT reports.
A magnitude 8.2 earthquake struck Russia'a Far East in the Sea of Okhotsk off the Kamchatka Peninsula, according to the U.S. Geological Survey.
Hewlett-Packard is on its way to becoming a growth company again, CEO Meg Whitman told CNBC.
Rust Belt cities are trying to attract immigrant entrepreneurs to help boost their economies, the Fiscal Times reports.
The stock market has long been the mistress in the marriage between the Federal Reserve and the economy.
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Lois Lerner, the IRS official at the center of the alleged Tea Party targeting, has been placed on administrative leave.
House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.