Billionaire Ken Langone, co-founder of Home Depot, describes the U.S. economy as "tepid." » Read More
Jim Grant explains what he believes to be the Fed's next move, in light of its decision not to raise interest rates.
The number of Americans filing for unemployment rose more than expected last week.
The Federal Reserve may not raise interest rates until Christmas, Federated's Phil Orlando says.
Prices rose for a second straight month, but a strong dollar and lower energy prices will likely keep inflation tame.
U.S. industrial production fell more than expected in May on a decline in utilities output and auto manufacturing, the Federal Reserve said.
Economic concerns pushed mortgage rates to lows not seen since early 2015, but that did nothing to spur homebuyers.
Sales rose more than expected in May, suggesting economic growth was gaining steam despite a sharp slowdown in job creation.
U.S. import prices recorded their biggest increase in more than four years in May on rising costs of petroleum and other products.
Small business confidence edged up amid growing concerns about weak sales growth, which are hurting spending on goods and inventory investment.
There were 5.8 million job openings in April, beating analyst expectations of 5.7 million, and up from 5.76 million job openings in March.
Nearly half of the unemployed have quit looking for work and the numbers are even worse for the long-term jobless.
Last week's weak jobs report pushed interest rates lower, but the desire for mortgages was already on the rise.
If Fed Chair Janet Yellen has her way, there likely will be two rate hikes this year, contrary to current market expectations.
Federal Reserve Chair Janet Yellen struck a generally positive tone on the U.S. economy — despite Friday's weak jobs report.
Some 60 percent of business economists say that uncertainty about the November election is hurting the U.S. economy, according to a survey.
All that hawkish Fed talk in recent weeks, as well as the market's knee-jerk reaction, seemed kind of silly after Friday's dismal jobs report.
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