Steven Mnuchin said Tuesday the Trump administration hopes to pass a plan to overhaul the U.S. tax system by the end of the year. » Read More
American industry expanded production last month at the fastest pace in more than three years as manufacturers and mines recovered from a March downturn. » Read More
The transportation secretary says Trump's plan will call for $200 billion in taxpayer money to generate $1 trillion in private investment. » Read More
Just when a range of economic data got weak enough to give the Fed a pass on hiking rates, there was a surprise pickup in inflation last month.
A key measure of consumers' attitudes was unchanged this month, edging below expectations, according to preliminary data.
Donald Trump's idea to cut taxes to spur economic growth "does not work" in theory or practice, the co-founder of the CEPR said Friday.
Prices increased more than expected in August, pointing to a steady build-up of inflation that could allow the Fed to raise interest rates this year.
Capital levels "have historically not had much predictive power for bank failures," Summers and a co-author assert.
"My plan will embrace the truth that people will flourish under a minimum government burden," Trump also says.
Consumers spent a lot more at restaurants and bars in August, while cutting back on big ticket items like cars and furniture.
On Thursday's low, the stock is down nearly 20 percent from its 52-week intraday high.
Small businesses are getting left behind, finds a Harvard Business School report.
A drop in retail sales raises worries about the health of the consumer and reaffirms a widespread view that the Fed is not likely to raise rates.
But initial claims for unemployment benefits last week were slightly higher than the previous week.
Americans blame political gridlock in Washington for declining economic competitiveness and hold both Democrats and Republicans responsible.
The U.S. is falling short on a number of critical measures of competitiveness, a Harvard study finds.
Producer prices were flat in August as the cost of energy products declined and trade services fell, but underlying producer inflation firmed.
U.S. retail sales fell more than expected in August amid weak purchases of automobiles and a range of other goods.
Manufacturing in New York state remained weak in September, while a Philadelphia business gauge unexpectedly jumped.
U.S. industrial production fell more than expected in August, hurt in part by a sharp decline in utilities output, the Federal Reserve said.
Of all the options the Fed has to stimulate the economy, going to negative interest rates may not be as drastic as it seems, the former Fed chairman says.
State pubic pensions fell deeper in the red in 2015, a bill taxpayers will eventually have to pay.
Trump's comments about Janet Yellen are "nonsense," says Brian Ward. In fact, Trump's empire would have been "toast" without recent monetary policy.
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