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Text of the Federal Reserve’s statement after its meeting

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WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended: ...

New challenge for the Powell Fed: A strengthening economy

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WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...

This Week: Industrial production, housing starts, Nike earns

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A look at some of the key business events and economic indicators upcoming this week: ...

Greenpeace protests ECB’s loans for carbon-heavy industries

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FRANKFURT, Germany — Greenpeace activists landed on the roof of a European Central Bank building Wednesday to drop a banner protesting the financial institution's...

ECB’s Lagarde: Pandemic continues to threaten economy

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FRANKFURT, Germany — The head of the European Central Bank says the winter surge in COVID-19 cases and the emergence of mutated variants of...

Populist party backs Draghi as Italy’s new PM in online vote

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MILAN — Grassroots members of Italy’s populist 5-Star Movement, the largest political force in the Italian Parliament, signaled their approval Thursday for a new...