Dollar rally tempered by rate cuts

The dollar’s recent rally ran into headwinds Monday as traders weighed the widening gap between the U.S. central bank’s lending rates and other rates […]

Fed says banks still tightening loan standards

Banks in the United States tightened lending standards and terms for both business and consumer loans over the past three months out of concern […]

Job cuts in April less severe than feared

The U.S. economy lost jobs for the fourth month in a row in April but at a slower pace than earlier in the year, […]

Treasury

Treasury Secretary Henry Paulson said he was supportive of the Federal Reserve’s interest rate cuts, adding he believes the weak economy will recover and […]