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
Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data showed.
The index last climbed to 125.6 in March, according to monthly data from The Conference Board.
Tech shares have risen more than banks, utilities, health firms, energy companies or consumer brands.
The index, which measures all nine U.S. census divisions, found that nationwide home prices rose 5.8 percent year-over-year in February.
Here's what services are "essential" and would continue if the government fails to pass a new spending bill by Friday, USA Today reports.
A 15 percent corporate tax rate looks to be a non-starter on Capitol Hill.
Comparative prices have risen significantly in the past decade.
It appears President Trump would be open to "a little higher near-term deficit out of which we can grow," the Commerce secretary says.
The Lumber tariff shows how serious Trump is about enforcing trade rules, Commerce Secretary Wilbur Ross tells CNBC.
Republicans think the economy is surging. Democrats think a recession is imminent. When economics become politicized, it leads to bad policy.
Trump's relationship with the Fed is, to put it mildly, evolving.
Business economists are generally optimistic about the U.S. economy with most expecting stronger growth than last year's poor performance.
Industry analyst Trilby Lundberg of the Lundberg Survey said consumers could see price increases slow as crude oil costs drop.
"If you get rid of Dodd-Frank, it's going to have a very significant positive impact," Alan Greenspan tells CNBC.
The IMF chief also says U.S. tax reform can benefit both the domestic and global economy if it is tailored the proper way.
Powell said parts of too-big-to-fail regulations were "inappropriately applied to small and medium-sized" banks.
But Rubin concedes that tax reform would provide "some stimulus" to get growth to about 2½ percent.
First-time claims for state unemployment benefits were expected to total 242,000 in the most recent week, up from the 234,000 claims reported for the previous week.
Fewer homebuyers jumped into the mortgage market last week even though interest rates hit their lowest levels since November.
The Federal Reserve announced Tuesday industrial production and capacity utilization for the month of March.
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