Economy

A destructive hurricane season caused significant disruptions along the Gulf Coast and the southeastern United States but businesses remained optimistic about growth over the medium term, the latest Federal Reserve Beige Book survey showed Wednesday.

America’s richest families enjoyed gains in income and net worth over the last decade, while others did not.

California's economic condition will weaken after the term of Gov. Jerry Brown runs out, according to 72% of participants at The Bond Buyer's California Public Finance Conference.

Wide disparities in wealth and income remain in the U.S., Federal Reserve Governor Lael Brainard said.

NYC Ferry launched its Astoria route on Tuesday, with the inaugural trip running from Astoria in Queens to Wall Street in Lower Manhattan.

The New York region's service sector activity "picked up," according to the Federal Reserve Bank of New York's August Business Leaders Survey, released Tuesday.

A new measure of the natural rate of unemployment implies “the elimination of labor market slack,” according to an Economic Letter published Monday.

Inflation will not grow as much as previously forecast, according to the latest projections in the Federal Reserve Bank of Philadelphia's survey of professional forecasters.

Federal Reserve Bank of New York President William Dudley offered a positive outlook for the U.S. economy, job market and inflation on Thursday, saying better conditions would help support the most vulnerable Americans.

Monetary policy is near appropriate levels, Federal Reserve Bank of St. Louis President James Bullard repeated Monday.