The Fed should communicate its views well enough that markets will not be taken by surprise by a rate hike, a top U.S. central banker said.» Read More
The record gap between America's rich and poor is shaping an uneven housing recovery that threatens to hold back the broader economic revival. The FT reports.
U.S. retail sales were unexpectedly flat in July, pointing to some loss of momentum in the economy.
The U.S. and global recoveries have been "disappointing" says Federal Reserve vice chair Stanley Fischer.
A new survey from the National Federation of Independent Business found that "the small-business half of the economy is still not pulling its weight."
Investors should not expect much more than two more years of "above-trend growth" in the U.S. economy, Citi's Steven Wieting tells CNBC.
U.S. nonfarm productivity rebounded more strongly than expected in the second quarter, but unit labor costs slowed sharply.
New U.S. claims for unemployment benefits unexpectedly fell last week, pointing to a strengthening of the labor market.
The U.S. trade deficit narrowed more than expected as petroleum imports dropped to a 3-1/2 year low, suggesting trade is less of a drag on growth.
With mortgage rates wavering within a tight range, total mortgage application volume rose 1.6 percent; however, it was all on the back of refinances.
Among metro areas hit hardest by the Great Recession, suburban neighborhoods have seen some of the greatest increases in poverty.
Analysis by Standard & Poor's shows the widening wealth gap between Americans has slowed the 5-year-old recovery from the recession.
The U.S. services sector hit its highest in 8-1/2 years in July, boosted by growth in business activity.
Buying something and getting it delivered is not new, but due to a rush of on-demand services, delivery is becoming modernized and mobilized.
The pace of growth in the U.S. services sector dipped in July compared to the previous month, but still posted its second-highest reading in 4-1/2 years.
The muted recovery, now more than 5 years old, has lacked one vital thing: more corporate spending. That's about to change, a survey shows.
Inside the Fed, the charge has become something just short of a badge of honor.
Our biggest fear has been that the Fed would be unwilling to remove support until it’s too late. We are well past that point, says Michael Farr.
Economists expected nonfarm payroll growth to hit 233,000 in July, down from 288,000 in June, and unemployment to fall to 6.0 percent from 6.1 percent.
U.S. manufacturing expanded at the fastest pace in more than 3 years, boosted by a jump in its new orders and employment readings.
The not-too-fast, not-too-slow July employment report helped drive an improvement in stock market sentiment early Friday.