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
Consumer confidence hit 96.5 in December, up from 90.4 the previous month.
Tight supply of homes for sale is pushing home prices ever higher again — with annual gains swelling in most major markets.
The number of Americans filing for benefits fell more than expected, nearing a 42-year low as labor market conditions continued to tighten.
A gauge of business investment plans fell as the drag on manufacturing from a strong dollar and spending cuts showed little sign of abating.
The Commerce Department said on Wednesday income increased 0.3 percent last month after an unrevised 0.4 percent rise in October.
U.S. consumer spending rose in November by 0.3 percent, according to data inadvertently released late Tuesday by the U.S. Bureau of Economic Analysis.
The U.S. economy grew at a fairly healthy clip in the third quarter, underscoring its resilience despite a raft of headwinds.
Millionaires aren’t feeling so great about the economy or stocks headed into 2016, but they are favoring a few stock sectors.
The number of Americans filing for benefits fell from a five-month high, suggesting labor market healing that could lead to more Fed rate hikes.
The index came in at -5.9, below the expected gain of 1.0.
JPMorgan Chase, U.S. Bancorp and PNC joined Wells Fargo in raising the prime rate.
Now that the Federal Reserve has pulled the trigger and hiked rates, all eyes will be on the future trajectory of additional increases.
After seven years of the most accommodative monetary policy in U.S. history, the Fed approved a quarter-point increase in its target funds rate.
Equity markets in the U.S. and Asia rose after the Federal Reserve raised the target federal funds rate for the first time in seven years.
U.S. housing starts rebounded from a seven-month low and permits jumped, signs of strength that could give the Fed more confidence to raise rates.
U.S. industrial production saw its sharpest decline in more than three and a half years, a sign of weakness that could moderate fourth-quarter growth.
The Fed will hike rates this week and several times in 2016, according to the latest CNBC CFO Council survey.
Markets expect the Fed to hike interest rates in December and as many as three more times next year, according to the CNBC Fed Survey.
The Fed faces conditions that aren't exactly ideal as it heads into its potentially history-making rate decision later this week.
The Fed has to increase interest rates Wednesday afternoon, because policymakers painted themselves into a corner, Jack Welch tells CNBC.