Rates are still likely to rise this year but that could change if the global economy pushes the U.S. economy off course, the Fed vice chairman said.» Read More
The U.S. economy is picking up speed, according to a survey of business economists.
Job creation surged in November, with the U.S. economy adding a dazzling 321,000 positions though the unemployment rate held steady at 5.8 percent.
The U.S. trade deficit narrowed less than expected in October as lower crude oil prices failed to offset a jump in imports.
The Federal Reserve should not rush to raise interest rates to head off risky financial market bubbles, said the Cleveland Fed president.
The number of Americans filing new claims for unemployment benefits fell last week, pointing to an improving labor market.
Higher wages and a war for talent are on the horizon as companies compete for a shrinking pool of skilled labor, John Challenger says.
Private sector job creation kept up its recent pace in November, though the 208,000 new jobs was a shade below expectations, according to ADP.
A gauge of growth in the U.S. services sector rose more than expected in November even as its employment component dipped.
The monthly pace of growth in the U.S. services sector slowed a bit more than previously estimated in November to its lowest level since April.
U.S. third-quarter nonfarm productivity grew faster than initially thought, while sharp revisions to compensation pointed to muted wage inflation.
President Barack Obama is meeting with leading CEOs to discuss ways to promote the economy and create jobs during his last two years in office.
The pace of growth in the U.S. manufacturing sector slowed less than expected in November, while a gauge of prices paid fell to its lowest in over two years.
The manufacturing sector slowed in November to its lowest rate of growth since January, while new orders and output also fell to their lowest levels since January.
The number of Americans filing new claims for unemployment benefits rose to the highest level since September, while durable goods unexpectedly rose.
The pace of business activity in the U.S. Midwest slowed in November, a report showed on Wednesday.
U.S. home buyers signed fewer contracts to buy existing homes in October, but new home sales rose for a third straight month.
U.S. consumer sentiment rose in November to its highest level in more than seven years on improvements in the current economic condition.
A new study shows real wages for manufacturing workers declined three times as much as for workers as a whole.
Initial claims for state unemployment benefits fell more than expected, while a reading on consumer prices came in unexpectedly flat.
The U.S. manufacturing sector slowed in November to its lowest rate of growth since January; a gauge of new orders also fell for a third month.