The U.S. economy created just 151,000 jobs in January amid multiple other signs that growth is slowing, though the unemployment rate fell to 4.9 percent.» Read More
U.S. retail sales fell for a third straight month in February likely as harsh weather kept consumers from automobile showrooms and shopping malls.
The Fed should end its monetary policy and raise rates, followed by gradual moves higher, the Dallas Fed head said in his last speech as a policymaker.
With just a few key economic reports due next week, markets could be buffeted more by expectations the Fed could move sooner on interest rates.
Job creation boomed in February despite the brutal winter conditions, and the unemployment rate dropped to 5.5 percent, the Labor Department said.
A June rate hike by the Fed is looking more likely again, market watcher Jim Paulsen tells CNBC shortly after the much stronger-than-expected jobs report.
The Fed should not wait too long to raise rates, a top U.S. central banker said, because doing so could mean "drastically" overshooting on inflation.
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.