New applications for unemployment benefits rose more than expected, but the underlying trend remained consistent with a strengthening market.» Read More
The U.S. international trade deficit narrowed just slightly less than expected in January.
Unless Congress takes action, the U.S. will hit its debt limit on Mar. 16, Treasury Secretary Jack Lew wrote in a Friday letter.
The pay gap between bosses and their workers has increased in every region worldwide since the 2008 financial crisis, according to the latest data.
At the height of the crisis in 2009, she told her colleagues things were so bad that people were literally breaking into piggy banks to get cash.
Companies added 212,000 positions for the month, down from an upwardly revised 250,000 in January.
Consumers have been filling their pockets with the money they're saving while filling up at the gas pump, Moody's economist Mark Zandi said Tuesday.
The consensus among economists on Wall Street and at the Federal Reserve is that consumer spending will begin to increase in the coming months.
U.S. consumer spending fell for a second straight month in January, as lower gasoline prices continued to weigh on receipts at service stations.
The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.
U.S. economic growth braked more sharply than initially thought in the fourth quarter, but the underlying fundamentals remained solid.
Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan said.
Consumer prices dropped in January as gas prices continued to fall, which could give a cautious Fed ammunition to keep interest rates low a bit longer.
More Americans sought unemployment aid last week, though the number of applications was still consistent with steady hiring.
Janet Yellen gives the Senate Banking Committee a decidedly dovish tone on interest rates.
Fed funds futures are now pointing to the best chance of the first rate hike being in October, as dovish comments by Yellen lowered expectations.
Fed Chair Janet Yellen testified before Congress on Tuesday after presenting her semiannual monetary policy report.
The U.S. services sector expanded in February at its fastest pace since October, with businesses reporting customers boosting orders.
San Francisco and Miami saw the fastest pace of home price appreciation, with increases of 9.3 percent and 8.4 percent, respectively.
The U.S. manufacturing sector expanded in February at its fastest rate since November, after notching its lowest reading in a year in the prior month.
The normally chummy relationship Yellen's central bank has with Wall Street hit a bump last week.