The Federal Reserve should have hiked in March and "has kept rates too low too long," Morgan Stanley CEO James Gorman said.» Read More
As U.S. factory jobs continue to vanish, many historically industrial areas are fading from blue-collar to white-collar towns, or in some cases, no collar at all.
The spike in part-time jobs is expected in an economy recovering from a deep recession, according to a new report. But what's unexpected is the age group that is taking those jobs.
As millions of Americans celebrate Labor Day by taking a day off from work, millions more have no job at all or have just stopped looking.
In a post crisis world, new college graduates are making compromises just to get their foot into the door.
U.S. consumer sentiment retreated in August from last month's six-year high, though Americans were slightly more upbeat in their outlook than earlier in the month, a survey released on Friday showed.
The pace of business activity in the Midwest increased in August and input prices hit a nine-month high, a report showed on Friday.
U.S. consumers barely spent and inflation was tame in July, offering a cautionary note on the economy as the Federal Reserve weighs cutting back its bond buying program.
The battle to boost the minimum wage escalated Thursday when thousands of workers at fast-food restaurants in 50 U.S. cities walked off the job to demand a "decent" wage.
Focus at the Federal Reserve these days is on who the next chairman will be, but the big story may be an ideological cleansing that could last the next decade and a half.
San Bernardino, Calif., is eligible for bankruptcy protection, a federal judge said on Wednesday, in a "tentative ruling" ahead of full court arguments later in the day.
The number of Americans filing new claims for unemployment benefits fell as expected last week as the U.S. economy accelerated more quickly than expected in the second quarter.
Speculation that Larry Summers is the favored candidate to take over Bernanke as Fed chief has resurfaced in recent weeks, prompting a strong backlash from some industry watchers.
Americans' confidence in the economy inched closer to a 5 1/2-year high on growing optimism that hiring and wages could pick up in coming months.
President Barack Obama will not negotiate over the debt ceiling and it's up to Congress to raise the limit, Treasury Secretary Jack Lew tells CNBC.
U.S. single-family home prices rose in June though the pace of gains slowed slightly, a closely watched survey showed on Tuesday.
Treasury Secretary pressed Congress to allow the government to borrow more money, saying that it could default on its obligations if lawmakers do not act by mid-October.
For those in the top 5 percent, the recovery has been pretty good. As for the other 95 percent, maybe not so much.
According to Art Cashin, the central bank's effect on the financial system has worrying parallels to the period leading up to the Great Depression.
The average price for a gallon of gasoline slipped again in the last two weeks, due to abundant supplies, according to the Lundberg survey released on Sunday.
Orders for long-lasting U.S. manufactured goods recorded their biggest drop in nearly a year in July and a gauge of planned business spending on capital goods tumbled.