With inflation low and wages showing little sign of an upward surge, the Federal Reserve should not be raising interest rates, Minneapolis Fed President Neel Kashkari said on Tuesday. » Read More
The Consumer Confidence Index rose in June to 118.9, despite expectations for it to drop, The Conference Board announced Tuesday. » Read More
By: Jeff Cox
US economy needs tax reform, infrastructure spending and better regulations to make sure benefits hit everyone, according to the IMF. » Read More
By: Angelica LaVito
The data from S&P CoreLogic Case-Shiller show home price growth has dipped from last month. » Read More
Economists polled by Reuters expected the Consumer Confidence Index to hit 109 in December.
US home prices hit a new peak in October, though the data-provider warned that the pace of growth cannot continue forever.
The Index of Consumer Sentiment hit 98.2 in December, the University of Michigan reported on Friday.
The Commerce Department said on Friday new home sales increased 5.2 percent to a seasonally adjusted annual rate of 592,000 units last month.
"It's going to be very difficult for them to resist," the newly named counselor to the president tells CNBC.
The U.S. economy grew faster than initially thought in the third quarter, notching its best performance in two years.
The Commerce Department said consumer spending rose 0.2 percent after an upwardly revised 0.4 percent increase in October.
"I think the market is focused on the candy — lower tax rates — and not the spinach that's needed to pay for it," says one analyst.
The number of Americans filing for benefits rose sharply, but remained below a level that is associated with labor market strength.
New orders for U.S.-made capital goods rose more than expected in November amid strong demand for machinery and primary metals.
Some retailers may be taking a hit from changing consumer habits, but that doesn't mean the consumer is suffering, Martin E. Franklin says.
Small business optimism is on the rise in the U.S. Entrepreneurs weigh in on how a Trump presidency will affect their businesses next year.
Meet Otto, a start-up recently acquired by Uber.
Cheap, low-sulfur coal from one state feeds the West, but the region is shifting to natural gas and renewable energy.
Fed Chair Janet Yellen also cited steady job creation and increasing job openings.
U.S. consumer prices moderated in November, but the underlying trend continued to point to firming inflation pressures amid rising rents.
The number of Americans filing for unemployment benefits fell last week as the labor market continued to tighten.
Manufacturers in New York state expanded more quickly this month than in November, driven by a big jump in new orders.
Donald Trump's spending plans may give the Fed the help it's needed for years, Strategas' Jason Trennert tells CNBC.
Wage growth is the key to future interest rate moves by the Federal Reserve, strategist Boris Schlossberg says.
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