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By: Stacy Cowley
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U.S. stocks suffered their worst January in at least seven years last month. But have markets been too hasty to call a global economic slump?
Traders have taken a 2016 interest rate hike off the table, anticipating that the earliest the U.S. central bank might move would be February 2017.
The Chicago Purchasing Managers Index came in at 55.6 for December, the highest reading since last January.
Do rate hikes stoke extreme market fear, or are they just "pushing on a string?"
The U.S. December Chicago Fed National Activity Index narrowed to -0.22 from the revised -0.36 the previous month.
U.S. consumer prices unexpectedly fell in December, a trend that if sustained suggests inflation could be slow to rise toward the Fed's target.
U.S. housing starts and permits fell in December after hefty gains the prior month.
Job openings were nearly flat at 5.431 million in November, the Bureau of Labor Statistics said Tuesday.
President Obama is set to give his last State of the Union address on Tuesday. Here's what still needs to get done, says Prof. Michael Barr.
British oil firm BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices.
Slower but more sustainable, economic growth in China will benefit the world in the long-term, the head of the IMF said on Tuesday.
In the continued absence of a minimum-wage hike from Congress, more than a dozen states raised their own minimums as of January.
Presidential candidate Bernie Sanders, who has not yet specified his own tax plan, condemned Hillary Clinton's new tax proposal.
The Bank of England should scrap its rate-setting committee and use quantitative easing as its main monetary tool, says a new study.
There is a national emergency that no one is talking about: The existing drivers of job creation are dying, says Ryan Streeter.
Ford CEO Mark Fields said labor market improvement, as well as low interest rates and energy prices, will continue to fuel consumer spending.
America's central bankers were selling arguably the best and the safest fixed-income assets on the planet, for very good reasons.
Despite strong job growth, Friday's December report showed blemishes, former U.S Labor Secretary Robert Reich contended.
The government said the unemployment rate was steady in December. But what's the real unemployment rate?
Expectations for Fed rate hikes in 2016 rose Friday after a jobs report that came in far ahead of Wall Street expectations.
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