• In this Wednesday, Oct. 22, 2014, file photo, Federal Reserve Vice Chairman Stanley Fischer listens during a meeting of the Board of Governors of the Federal Reserve System at the Federal Reserve in Washington. Fischer said Friday, Aug. 28, 2015, that incoming economic data and market developments will likely determine whether the Fed boosts interest rates in September. (AP Photo/Susan Walsh, File)

    Fed Vice Chair Fischer keeps open possibility of Sept. hike

    WASHINGTON (AP) — Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank’s target level have likely begun to fade.

  • In this July 9, 2015 file photo, workers harvest early apples at Samascott Orchards in Kinderhook, N.Y. The Commerce Department releases second-quarter gross domestic product on Thursday, Aug. 27, 2015. (AP Photo/Mike Groll, File)

    US economy surged at 3.7 percent rate in April-June quarter

    WASHINGTON (AP) — The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.