Atlanta Federal Reserve President Lockhart comments on rate hikes this year; and CNBC's Steve Liesman reports second quarter GDP is tracking at 2.7 according to economists' estimates. » Read More
But in spite of the dip, the economy is still on pace for moderate expansion.
Consumers are feeling less optimistic than expected so far this month, a survey said Friday.
Hires inched high enough to surpass December 2007, the first month of the recession.
Saudi Arabia and other Persian Gulf countries are gobbling up farmland in drought-afflicted regions of the U.S. Southwest.
Import prices have dropped in 16 of the last 18 months, a sign that they will continue to weigh on consumer goods prices.
The number of Americans filing for jobless claims unexpectedly rose last week, but remained below levels associated with a healthy jobs market.
Slower but more sustainable, economic growth in China will benefit the world in the long-term, the head of the IMF said on Tuesday.
China's economic expansion may be far less than official estimates of 6.8 percent and could be closer to 2.4 percent, according to a new report.
Although April’s Case-Shiller home price index offered a cloudy outlook on home prices, real estate website Zillow is forecasting that the bottom may be near.