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 pace of growth in the U.S. manufacturing sector unexpectedly slowed in May, an industry report released on Monday showed.
The U.S. manufacturing sector expanded in May at a faster clip than previously seen, an industry report showed on Monday.
The timing of an increase in U.S. interest rates will depend to a large extent on the outlook for inflation, Chicago Fed President Charles Evans said.
Many working poor Americans fall into the cycle of payday loans, which can trigger deeper debt. A search for financial solutions.
Over the past week, some troubling signs about the US economy have emerged. A report Friday could shed light on where the economy is headed.
Is the U.S. economy's weak performance just a proverbial "pause that refreshes," or a trend of lackluster growth for the foreseeable future?
Philly Fed President Charles Plosser said he is not worried by the weakness in the U.S. Q1 GDP, and expects a good response in Q2.
Democrats need to see good data—rather than explaining away bad data—to get political lift, Politico's Ben White says.
The drop in participation in the federal food stamp program is widespread; some 47 states have seen cuts in their rolls.
A gauge of U.S. consumer sentiment fell in May as a gloomy view on income growth clouded an otherwise positive economic outlook.
The pace of business activity in the U.S. Midwest rose more than expected in May, rising to its best level since October 2013, a report showed on Friday.
Europe's struggle to recover from the financial crisis has been well documented, but some of its countries could be about to get a boost.
Kansas City Federal Reserve Bank President Esther George said she is open to leaving the balance sheet big even as it withdraws accommodation.
Consumer spending fell for the first time in a year in April, amid signs inflation is stirring.
Economists are forecasting Q2 growth will spring back, rising solidly above 3 percent, after the first quarter's surprising 1 percent decline.
The U.S. economy contracted in the first quarter for the first time in three years amid a severe winter, data showed.
Signed contracts to buy existing homes increased just 0.4 percent in April, according to a monthly report.
The Federal Reserve is on track to raise rates later next year, Atlanta Federal Reserve Bank President Dennis Lockhart said.
Portions of New York City are experiencing significant job growth—particularly in manufacturing.
Wiping out the abandoned and decrepit buildings could cost Detroit nearly $1 billion, and more over time.