China fears, global growth doubts grip markets

Markets are watching for China's next move as signs of a slowdown in the world's second-largest economy stack up, raising expectations it will act to stoke growth.

Futures turn lower on inflation data; Yellen speech eyed

U.S. stock index futures indicated a flat to slightly lower open for Friday after inflation data and ahead of a speech by U.S. Federal Reserve Chair Janet Yellen.

Global Inflation Mystery Risks Making Central Bankers Bystanders

Janet Yellen’s Federal Reserve is “reasonably confident” it can drive up consumer prices. Mario Draghi says his European Central Bank’s stimulus has already “proven so far to be potent.”

Janet Yellen says Federal Reserve flexible on rate rise

Janet Yellen has said the Federal Reserve can be flexible in deciding when to raise interest rates, which have been near zero since 2008.

Jackson Hole Message Is Labor Markets Don’t Justify Higher Rates

Global central bankers led by Federal Reserve Chair Janet Yellen said labor markets still have further to heal before their economies can weather higher interest rates.

Many U.S. families feel economic stress, few see wages rising: Fed

(Reuters) - A quarter of U.S. families feel they are under economic stress due to the aftershock of the Great Recession and most do not expect their wages to increase in the next year, according to a new Federal Reserve study released on Thursday.

Jobless Claims in U.S. in Past Month Drop to Eight-Year Low

Fewer Americans filed applications for unemployment insurance benefits over the past month than at any time in more than eight years, signaling employers are hanging on to workers as demand improves.

U.S. retail sales, manufacturing data point at firming economy

(Reuters) - A gauge of U.S. consumer spending rose solidly in June, in the latest indication that the economy ended the second quarter on a stronger footing.

Private sector jobs finally back to 2008 peak, but...

After a winter slowdown, the job market hit a milestone in March as the private sector finally recovered all the jobs lost in the 2008 financial crisis.

Most European Stocks Drop on Yellen’s Rate Remarks

Most European stocks declined as investors weighed Federal Reserve Chair Janet Yellen’s remark that benchmark interest rates could rise about six months after the central bank ends bond purchases.

Economy Shaking Off Effects of Weather as U.S. Payrolls Climb

The economy in the U.S. showed signs of emerging from the effects of the winter storms that have curbed growth in early 2014 as employers added more workers than projected in February.

Fed may need to let inflation run hot to meet goals: Evans

(Reuters) - The Federal Reserve should be willing to let inflation temporarily run above its target level so as to more quickly bring the economy back to health, a top Fed official said on Friday, even as a second policymaker signaled the very idea left him cold.

Yellen Wins G-20 Praise as Emerging Markets’ Angst Eased

The world’s major economies pledged to maintain generally accommodative policies and pay heed to the international repercussions of their actions as Federal Reserve Chair Janet Yellen won praise for helping smooth emerging-market concerns.

Senate to vote on restoring jobless benefits to 1.3 million Americans

The Senate was poised for a crucial vote to temporarily restore long-term unemployment insurance on Tuesday, despite arctic conditions preventing some legislators from making it to Capitol Hill.