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  • Budget Cuts to Hit Main St., but Sky Won't Fall March 1 Thursday, 28 Feb 2013 | 11:28 AM ET
    The nation's aerospace and defense programs are especially vulnerable to sequester-related budget cuts.

    If mandatory federal spending cuts begin to take effect Friday, small employers are likely to experience a negative ripple effect of reduced business.

  • Back in Business: Chicago PMI Hits 11-Month High Thursday, 28 Feb 2013 | 9:46 AM ET
    An employee assembles an 2.0 liter ecoboost engine on the production line at the Ford Motor Co. Cleveland Engine Plant in Brook Park, Ohio, U.S

    The pace of business activity in the U.S. Midwest picked up modestly to reach an 11-month high in February as new orders gained, a report showed.

  • Slow Going: GDP Growth Inches Up; Claims Lower Thursday, 28 Feb 2013 | 9:33 AM ET
    An applicant stands after meeting potential employers at a job fair in New York.

    The U.S. economy barely grew in the fourth quarter while the number of Americans filing new claims for unemployment benefits fell more than expected last week.

  • Factory Orders Fly Even as Defense in the Dumps Wednesday, 27 Feb 2013 | 10:26 AM ET
    A specialty retailer of durable goods, including home appliances, furniture, mattresses and consumer electronics.

    A gauge of planned U.S. business spending increased by the most in just over a year in January and new orders for long-lasting manufactured goods excluding transportation rose solidly, pointing to underlying strength in factory activity.

  • Pending Home Sales Soar Despite Rough Winter Wednesday, 27 Feb 2013 | 10:00 AM ET

    Rough winter weather across much of the US at the start of this year apparently did not keep home buyers away. Contracts to buy existing homes in January rose to the highest reading since April 2010.

  • Want a New Car? You Probably Can't Afford One Wednesday, 27 Feb 2013 | 9:08 AM ET
    A customer looks over a Ford Fusion parked on the lot at a dealership in Colma, Calif.

    Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.

  • Bernanke: My Inflation Record Is One of the Best Tuesday, 26 Feb 2013 | 10:26 AM ET
    Federal Reserve Chairman Ben Bernanke.

    Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.

  • New Home Sales Soar; Best Reading in Four Years Tuesday, 26 Feb 2013 | 10:02 AM ET

    U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, while a separate report showed that consumer confidence picked up much more strongly than expected in February.

  • Boom! Home Prices Log Biggest Gain Since 2006 Tuesday, 26 Feb 2013 | 9:20 AM ET

    U.S. single-family home prices picked up in December, closing out 2012 with the biggest yearly gain in more than six years as the housing market got back on its feet.

  • Sequestration 'Meat Cleaver' Is Irresponsible: Summers Tuesday, 26 Feb 2013 | 8:43 AM ET
    Former U.S. National Economic Council Chairman Larry Summers

    Former Clinton Treasury Secretary Lawrence Summers argued on CNBC for a "balanced approach" because President Barack Obama has agreed to more spending cuts.

  • Not-So-Golden Years: Over 75, Burdened By Debt Tuesday, 26 Feb 2013 | 8:42 AM ET

    America's seniors appear to have grown more burdened by debt in recent years, and experts say a likely culprit is medical expenses.

  • Olympic National Park, Washington.

    As $85 billion in spending cuts loom, people across the country who rely on the government were trying to fathom what it would mean for them. The NYT reports.

  • Second Crippling Blizzard in Days Blasts Central US Tuesday, 26 Feb 2013 | 6:39 AM ET

    Another blizzard bore down on the nation's midsection early Tuesday after lashing the Texas Panhandle with hurricane-force winds, closing highways and cutting power to thousands in Texas, Oklahoma, and Kansas.

  • Past Due: More Americans Are Behind on Auto Loans Tuesday, 26 Feb 2013 | 6:21 AM ET

    More Americans fell behind on their auto loan payments in the last three months of 2012, when some borrowers' financial obligations temporarily take a backseat to spending on holiday shopping.

  • Parents Are Robbing Retirement to Pay for College Tuesday, 26 Feb 2013 | 12:00 AM ET
    New IRS Rules Help Retirement Savers Catch Up

    Paying for your child's education is a laudable goal, but may not be realistic for some parents who could wind up jeopardizing their own financial future in order to put their children through college.

  • Bob Woodward: Obama Made Big Mistake on Sequester Monday, 25 Feb 2013 | 1:20 PM ET
    Bob Woodward

    The White House mistakenly thought that Republicans could never stomach cuts to the Defense Department, which constitute half of the reductions in the sequester. This was a terrible misreading of the Tea Party-infused GOP, the Fiscal Times reports.

  • Simpson-Bowles Health Plan Stirs Worry, Lacks Detail Monday, 25 Feb 2013 | 12:33 PM ET
    Alan Simpson and Erskine Bowles

    A new bipartisan deficit-reduction plan to slash a massive $600 billion from U.S. healthcare spending over two decades has policy experts scratching their heads over how such an ambitious target can be reached.

  • 'Coupon Indicator' Points to a Stressed Consumer Monday, 25 Feb 2013 | 10:21 AM ET

    Consumers could be foreshadowing a new recession. Coupons.com releasing its Internet Coupon Index exclusively to CNBC. It shows a spike in coupon offers and demand that hasn't been seen since just before the 2007 recession.

  • The White House

    President Obama isn't "moving the goal posts" by asking for more revenue to avoid the automatic spending cuts, White House economic adviser Gene Sperling told CNBC.

  • Budget Cuts to Restrain US Growth: Economists Monday, 25 Feb 2013 | 8:24 AM ET

    Likely government budget cuts and the prospect for messy political fights over fiscal policy will weigh on the U.S. economy this year and hold growth to a tepid 2.4 percent, according to a new survey of forecasters published.

Contact Economy


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