BlackRock's Rick Rieder says the new Fed chair's transition will be normal. » Read More
By: Jeff Cox
Bond guru Bill Gross is warning about looming interest rate increases and the damage they can do to a debt-laden global economy. » Read More
Economic concerns pushed mortgage rates to lows not seen since early 2015, but that did nothing to spur homebuyers.
Sales rose more than expected in May, suggesting economic growth was gaining steam despite a sharp slowdown in job creation.
U.S. import prices recorded their biggest increase in more than four years in May on rising costs of petroleum and other products.
Small business confidence edged up amid growing concerns about weak sales growth, which are hurting spending on goods and inventory investment.
There were 5.8 million job openings in April, beating analyst expectations of 5.7 million, and up from 5.76 million job openings in March.
Nearly half of the unemployed have quit looking for work and the numbers are even worse for the long-term jobless.
Last week's weak jobs report pushed interest rates lower, but the desire for mortgages was already on the rise.
If Fed Chair Janet Yellen has her way, there likely will be two rate hikes this year, contrary to current market expectations.
Federal Reserve Chair Janet Yellen struck a generally positive tone on the U.S. economy — despite Friday's weak jobs report.
Some 60 percent of business economists say that uncertainty about the November election is hurting the U.S. economy, according to a survey.
All that hawkish Fed talk in recent weeks, as well as the market's knee-jerk reaction, seemed kind of silly after Friday's dismal jobs report.
Investors will be looking for signals from the Fed chair about the U.S. central bank's next rate move after shockingly weak payroll data.
May's weak jobs report may have sidelined some investors as they sort through what signals the economy is really sending.
As if the May jobs picture wasn't bad enough already, one economist said it was even worse.
The latest jobs number has not changed the economic picture and gradual rate hikes remain appropriate, the Cleveland Federal Reserve President said.
Last month's poor employment report might give the Federal Reserve pause, says Boston Fed President.
Job creation tumbled in May, with the economy adding just 38,000 positions amid conflicting signs of an economic recovery.
The probability for a June rate hike plummeted Friday after a major miss in the May jobs report.
The Labor Department said Friday that the U.S. unemployment rate is at 4.7 percent, but does that tell the whole story?
A growing global population is fueling a hunger by companies to hire highly skilled workers for agriculture to help feed the world.
Get the best of CNBC in your inbox