Philadephia Federal Reserve President Patrick Harker said he expects three interest rate increases in 2017 if the labor market improves. » Read More
The number of Americans filing initial claims for unemployment benefits fell unexpectedly last week back to near the lowest levels in decades. » Read More
Business activity in U.S. Mid-Atlantic region at strongest level in over two years, says Philadelphia Federal Reserve. » Read More
The goods trade deficit narrowed sharply in March as imports tumbled, suggesting growth in the first-quarter was probably not as weak as anticipated.
Orders for long-lasting manufactured goods rebounded less than expected in March, suggesting the downturn in the factory sector was far from over.
Home prices in 20 U.S. metropolitan cities continued to rise in February, though gains are moderating in a number of urban areas.
Fed Chair Janet Yellen will likely preach caution on future rate hikes, as she did last month, Ameriprise's David Joy says.
The Fed is having a tough time justifying future rate hikes, says Quincy Krosby, market strategist at Prudential Financial.
The plans put forward by presidential candidates do not square spending with changes to the tax code, David Walker says.
Policymakers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook.
Europe and Japan's central bank policies of negative interest rates will run counter to the desired effect, Jeffrey Gundlach, said in an interview.
The number of Americans filing for benefits unexpectedly fell, suggesting the labor market continued to gain momentum despite weak economic growth.
A measure of future economic conditions was slightly higher last month, according to a new report.
The Philadelphia Federal Reserve's business index for April came in much worse than expected, the bank said Thursday.
Remember last year when China devalued its currency and the market went nuts? Well, so much for that.
A top Fed official on Monday once again pushed back on what he said was investors' too pessimistic view of the U.S. economy and monetary policy.
Starts fell more than expected in March, suggesting some cooling in the housing market in line with signs of a sharp slowdown in economic growth.
William Dudley, president of the New York Fed, said on Monday that the U.S. economy also faces "headwinds to growth."
Sales and profits are falling at more of America's biggest companies, according to a survey of business economists.
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