Household debt in the U.S. totals a staggering $12.58 trillion, a level not seen since 2008, according to the New York Federal Reserve. » Read More
By: Elizabeth Gurdus
Inflation statistics and Janet Yellen's congressional testimony set the stage for a March hike, Boockvar tells CNBC. » Read More
U.S. homebuilding fell in January, but upward revisions to the prior month's data and a jump in permits suggested the housing recovery remained on track. » Read More
U.S. nonfarm productivity fell less steeply than expected in the fourth quarter, but still pushed up labor-related costs.
Amid rising recession expectations and turbulence financial markets, companies kept on creating jobs in February.
Low mortgage rates are no longer a novelty, hence no longer a sudden incentive for mortgage borrowers.
"At best we're going to muddle through," Stanley Druckenmiller says.
Growth slowed in the fourth quarter, but not as sharply as initially thought, with businesses less aggressive in their efforts to reduce inventory.
Consumers were feeling slightly more optimistic than expected in February, according to a recent survey.
Jim Bullard also blames this year's market turmoil to traders factoring in all at once projections for four rate hikes in 2016.
The number of Americans filing for unemployment benefits rose last week, but remained below levels consistent with a tightening labor market.
New orders for long-lasting U.S. manufactured goods in January rose by the most in 10 months.
Richmond Fed President Jeffrey Lacker said on Wednesday he saw no evidence in economic data that a recession was imminent for the United States.
Central banks are guaranteed to fail miserably in their effort to produce viable growth through inflation, says Michael Pento.
Federal Reserve Vice Chair Stanley Fischer said the Fed simply did not know what course of action it would take at its next meeting, due three weeks from now.
The U.S. services sector unexpectedly contracted in February, an industry report showed on Wednesday.
House Speaker Paul Ryan tells CNBC the rise of Donald Trump can be explained by voters being upset that America is on the wrong track.
Janet Yellen should be replaced as Federal Reserve chair, long-time Wall Street dealmaker Jimmy Dunne tells CNBC.
Home prices in major metropolitan areas continued to rise in December, though the gains came in slightly behind expectations.
The Cleveland Fed chief said she expects the U.S. central bank to continue on a "gradual" pace of rate increases.
Rising rents and medical costs lifted underlying inflation, signs of an uptick in price pressures that could allow the Fed to raise interest rates.
The Federal Reserve should stick with its plan to raise interest rates gradually, a top policymaker said on Thursday.
The number of Americans filing for benefits unexpectedly fell, pointing to labor market strength that could keep Fed rate hikes on the table.
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