INFLATION

The Federal Reserve is contemplating raising interest rates for the first time in seven years. Analysts say banks could do quite well.

Median estimates predicted a drop of 2.8 percent for the rest of 2015.

The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.

The U.K.'s currency rose 0.4 percent after Thursday's vote to keep the interest level at a record low.

Growth continued for a 10th straight quarter, but market volatility -- thanks mostly to China's meltdown -- could end the streak.

U.S. stocks opened lower Friday after surging a day earlier on China’s announcement of new stimulus measures to check its rapidly cooling economy.

Data released Tuesday shows Denver leading San Francisco in home price increases.

The recent financial market panic can be traced back to China's very real economic slowdown. Here's why it matters around the world.

Muted inflation could prevent the central bank from lifting rates in September.

Stocks traded flat Monday after U.S. home-building data came in as expected, but New York manufacturing showed a steep drop.

The People's Bank of China also dismissed speculation of a drop of 10 percent in the yuan as “groundless.”

Based on the balance between deflation and inflation, China’s authorities appear well-positioned to do even more in the way of economic and market stimulus.

"They've been able to keep raising prices because students are captive consumers. They have to buy whatever books they're assigned."

An unrelenting decline in homeownership has sent the rental vacancy rate to a 20-year low — and driven up rental costs.

The May figure was in line with the median forecasts in a Reuters poll of economists.

Strong retail sales data helped offset concerns about Greece’s ongoing debt crisis after the International Monetary Fund announced that bailout discussions with Athens have stalled.

Stocks received a boost Thursday after new data showed U.S. retail sales surged in May, even in the face of a Greek default and exit from the eurozone.

PBOC economists were cautiously optimistic on the outlook.

The median pay for the head of a public university was almost four times that of a full-time professor in 2014, according to a Chronicle of Higher Education report.

The reduction showed policy makers recognized the need to put the economy on a more solid footing.

Activity was likely to be thin this session, as UK and U.S. markets are shut on Monday.