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U.S. existing home sales at one-year high, prices up

U.S. home resales raced to a one-year high in September, the latest indication the housing market recovery is gradually getting back on track.

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Eric S. Rosengren

Market action reinforces need for policy patience: Fed's Rosengren

The recent volatility in financial markets reinforces the need for the Federal Reserve to be patient with its policy stimulus and to clearly tie an eventual interest-rate rise to improving economic conditions, a top Fed policymaker told Reuters.

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European Stock Market

Europe rides rebound as global sell-off abates

World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years.

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US Federal Reserve

Fed's Plosser sees risks in Europe, confident on U.S.

A top Federal Reserve official said on Thursday there are risks in Europe, which is having a "tough time" economically, but he downplayed the possible impact on the U.S. economy and U.S. exports.

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Unemployment in the US

U.S. jobless claims fall to lowest level in 14 years

The number of Americans filing new claims for jobless benefits fell to a 14-year low last week, a positive signal for the labor market that could counter doubts over whether the economy is shifting into a higher gear.

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New York Stock Exchange

Oil crumbles, bond prices up on economy fears

Brent crude prices marked their biggest decline in more than three years on Tuesday and U.S. and German debt attracted buyers on lingering anxiety over world economic growth.

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Bank of England Governor Mark Carney

G20 watchdog toughens up new rule for securities financing

Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in a bid to curb hitherto unregulated risks in "shadow banking".

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Traders work on the floor of the New York Stock Exchange

Wall St. leads stocks selloff; dollar slides on Fed views

Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year after comments from Federal Reserve officials hinted at delays in expected interest rate hikes.

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US Car Sales

U.S. regulators press banks for more on auto loan exposure to assess risks

U.S. regulators are asking banks for more detail on their autos financing exposure, as rapid growth in the lending has prompted officials to seek to better assess the risks, according to a person familiar with the matter.

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Asian stocks

Stocks, oil flounder on growth anxiety, China data little help

Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth.

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U.S. Federal Reserve Vice Chair Stanley Fischer

Fed officials say global slowdown could push back U.S. rate hike

Federal Reserve officials on Saturday took stock of a slowdown in the global economy and said it could delay an increase in U.S. interest rates if serious enough.

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World Bank/IMF annual meetings

World economies warn of global risks, call for bold action

The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global economic recovery and they urged governments not to squelch growth by tightening budgets too drastically, although Germany poured cold water on the idea of a new global "crisis."

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New York Stock Exchange

Global shares hit six-month low as growth worries mount

Global shares fell to a six-month trough and Brent crude futures tumbled to their lowest since 2010 on Friday as investors worried about the prospect of a widespread economic slowdown just as U.S. monetary stimulus nears its end.

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Career fair

Drop in jobless claims points to labor market strength

The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.

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New York Stock Exchange

Stocks roar Fed approval; dollar, bond yields wilt

World stock markets roared their approval on Thursday of reassurances the U.S. Federal Reserve will not rush into raising interest rates, with risk appetite flooding back into almost every asset class.

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