Fed Express makes steady progress
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NEW YORK, Sept. 4. - Top-seed Roger Federer moved a step closer to becoming the first man in 16 years to win three Grand Slams in a season when he reached the US Open fourth round with a straight-sets win here today.
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More U.S. interest rate increases  lie ahead, but they would likely not need to be at a faster  pace because inflation is contained, Federal Reserve officials  said on Friday.
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The US economy is following the Federal Reserve script for an orderly slowdown, with inflation cooling enough to allow the central bank to keep rates steady for a second consecutive session, analysts say.
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The U.S. Federal Reserve on   Wednesday held its benchmark interest rate steady for a second   straight meeting, biding time to assess whether cooling   economic growth will curb price pressures.
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The Federal Reserve has held rates steady for two months running, betting that inflation will remain contained as the economy cools.
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Novartis stays on track with its third-quarter results.
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The Federal Reserve held a key short-term interest rate steady Wednesday, a possible sign the central bank thinks the economy is on solid footing.
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U.S. Federal Reserve officials are expected to hold interest rates steady on Tuesday and retain a cautionary warning about inflation risks, while taking stock of cooler economic growth.
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WASHINGTON -- Federal Reserve policy makers held a short-term interest rate steady yesterday, saying that inflation remains too high but should drift lower over time as energy prices fall and the economy slows.
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Japan's central bank decided Wednesday to keep its monetary policy steady, in a sign that officials consider the nation's delicate recovery still on track.
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MEMPHIS, Tenn.  -- FedEx Corp. posted a 7 percent increase in fourth-quarter profit Wednesday on higher revenue but said a sluggish U.S. economy dampened business.
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The Federal Reserve on Thursday held  benchmark U.S. interest rates steady at 5.25 percent for an  eighth straight meeting and dropped a description of core  inflation as &quot;elevated.&quot;
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The U.S. Federal Reserve on   Wednesday held its benchmark interest rate steady for a second   straight meeting, saying that while inflation risks remain,   they should abate as economic growth slows.
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The European Central Bank held its main interest rates steady Thursday against a background of rising inflation and slowing growth, shortly after the Bank of England (BoE) did the same.
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The U.S. Federal Reserve held benchmark interest rates steady on Wednesday and maintained a warning on inflation risks as it noted signs of stability emerging in downtrodden housing markets.
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FedEx Corp FDX.N, charting a steady  course with its new U.S. advertising campaign, is relying on  more of the humorous sketches of office life that helped make  it the world's largest air-express shipper.
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Earnings statement reveals the consumer lender is on the right track.