Economy

New federal rules would make millions more workers eligible for overtime.

Giving More Workers Overtime Could Have Downsides, Employers Say

6:22pm September 17, 2015

by Yuki Noguchi

New federal rules would make millions more workers eligible for overtime. Some employers say they'll be forced to cut costs through furloughs or by converting salaried positions to hourly.

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Federal Reserve Chair Janet Yellen, speaking at a news conference in Washington on Thursday, said the U.S. economy has been performing well but the global outlook is more uncertain.

Economy

Fed Leaves Rates Unchanged Amid 'Heightened Uncertainties' Abroad

4:24pm September 17, 2015

by Marilyn Geewax

The Federal Reserve decided to leave interest rates unchanged at historically low levels, even though the U.S. economy has been gaining strength. The Fed has kept a key rate near zero since late 2008.

A police officer keeps watch outside the Federal Reserve headquarters in Washington, D.C., where policymakers weighed whether to boost interest rates.

The Fed Holds Rates Steady; Here's Who Is Clapping

3:55pm September 17, 2015

by Marilyn Geewax

The Federal Reserve chose to leave interest rates unchanged Thursday. For the central bank even a decision to do nothing is a big deal, creating all sorts of winners (homebuyers) and losers (savers).

Las Vegas, N.M., Needs Amtrak To Help It Draw More Tourists

2:12pm September 17, 2015

by Kirk Siegler

In northern New Mexico, many rural communities are worried about the possible loss of Amtrak's Southwest Chief. One historic railroad town has been trying to attract tourists with the train.

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Economy

Fed To Begin Closely Watch 2-Day Meeting On Interest Rates

1:51pm September 17, 2015

by John Ydstie

It's been nine years since the Federal Reserve raised interest rates. The Fed begins a two-day meeting on Wednesday to decide whether its time to raise rates.

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Economy

For T.W. Garner Company, A Return To Downtown Roots

12:34pm September 17, 2015

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Survey Finds Poverty, Income Numbers Remain Unchanged

7:25pm September 16, 2015

by Laura Wagner

According to new figures from the Census Bureau Wednesday, poverty in the U.S. was unchanged last year and the median income did not increase, although the economy created more jobs.

Don't be afraid to ask the pharmacy for a better price, consumer advocates say.

How To Save Money On Prescription Drugs, Insured Or Not

3:05pm September 16, 2015

by Emily Bazar

Believe it or not, it may be cheaper to pay for a prescription yourself rather than using your insurance. And if that fails, there are other places to turn for help getting the best possible deal.

Traders work on the floor of the New York Stock Exchange in March. Investors have been waiting to see whether the Federal Reserve will raise interest rates for the first time since 2006.

The Downside Of Keeping Interest Rates So Low For So Long

11:56am September 16, 2015

by Marilyn Geewax

Some economists say the Federal Reserve should leave rates alone, but many say super-low rates have big risks, too. They argue that the central bank needs to push rates back up to historic norms.

Federal Reserve Faces Fork In The Road Over Interest Rates

5:47am September 16, 2015

by Chris Arnold

This week, the Fed may raise a key interest rate for the first time since 2006. By keeping interest rates near zero for so long, the Fed may have prevented the ultimate financial catastrophe.

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