But, there are signs that policy makers believe a rate hike could come sooner rather than later.
The growth target is the lowest since 1990, and reflects the government's desire to transition the economy toward more sustainable development.
After allegations of fraud, a top FEMA official vows to go after insurers' "questionable practices" and to make fair payments to Sandy victims.
Harsh winter weather affected consumer spending in early 2015, while declining oil prices are taking a toll on energy firms.
Tesoro says union picket lines make it unsafe for youth baseball players to practice near its California refinery.
Oil prices also declined Wednesday after crude inventories raised concerns about oversupply.
Financial fund execs benefit from New York tax policies and have given millions to state politicians since 2000, a report says.
The increase in expenditure comes at a time when China is faced with the prospect of deflation resulting from record-low economic growth.
The rate cut marks a vote of faith in the government, which on Saturday pledged to be fiscally responsible.
General Motors said its sales were up 4 percent, year over year, to 231,378 vehicles in February.
AutoZone wants to avoid a $185 million tab for pregnancy and gender discrimination.
Europe’s ambitious targets to curb carbon emissions and lessen climate change will require even more drastic changes.
The Bank of England is studying financial risks associated with climate change and "stranded assets." Next up: The Federal Reserve.
Accounting change masks new data showing NJ pension fees jumped 50 percent to $600 million in 2014.
German retail sales rose more than economists had forecast, helping lift the DAX stock index.
The 32-year-old prince has attracted much interest in China since his childhood.
The tech-heavy index closed above the psychologically important milestone for the first time since the height of the dot-com bubble.
U.S. stocks rallied Monday as the Nasdaq hit the 5,000 milestone for the first time since 2000 ahead of Friday's highly anticipated jobs report.
Congressional hearings into FEMA's handling of Hurricane Sandy flood insurance claims sought by New York, New Jersey senators.
After breezing through the Wisconsin Senate, right-to-work moves to the lower chamber.
The index continues to climb toward a closing milestone not reached since the peak of the dot-com bubble era.
Africa's largest economy is struggling amid falling crude oil prices, and some say an emerging tech sector may be the answer.
New "pay-to-play" legislation could keep Christie from raising campaign funds from a wide swath of Wall Street.
The PBOC made its move just days before China's national legislature meets to set the official economic growth target for 2015.
Chinese monetary and fiscal authorities could soon be on the same page in terms of providing stimulus in the world’s No. 2 economy.
Bus drivers frequently lack access to bathrooms, which can pose health and safety risks.
The political drama over Homeland Security funding may portend more serious trouble ahead as Washington confronts fiscal challenges on a grander scale.
The Federal Trade Commission's latest report on consumer complaints warns of IRS imposters out for your money.
Moody's downgrades Chicago's credit rating and Mayor Rahm Emanuel defends his record, while casting for votes.
India unveiled Saturday a federal budget that promises universal social security to its impoverished millions and tax sops to big business.