Consumers were feeling more optimiistic in August, according to a survey released on Tuesday. » Read More
Spending increased for a fourth straight month, pointing to a pickup in economic growth that could allow the Fed to raise rates this year.
This is how interest rates and the stock market can go both higher, says a top portfolio manager at ClearBridge.
Policymakers at the U.S. Federal Reserve have been accused of using ambiguous and evasive language after several days of commentary.
The Fed could pull the rug out from under investors who are overlooking signs an interest rate hike is coming, economist Carl Tannenbaum says.
The Fed should scrap a plan to shrink its massive bond holdings and instead keep them "indefinitely" to protect against financial shocks.
At Jackson Hole, Fed Chair Janet Yellen voiced optimism about the economy and an expectation that interest rate hikes are ahead.
A measure of consumers' attitudes was slightly lower this month, according to new data.
Read Fed Chair Janet Yellen's full speech.
Tough talk on the campaign trail aside, scrapping NAFTA is not going to happen, says UBS's Jorge Mariscal. Here's why.
"I think the economy is on a good track," Cleveland Fed President Loretta Mester said, "the employment numbers show that."
But St. Louis Fed President James Bullard wouldn't be firm, saying he would like to raise rates on good economic news.
U.S. economic growth was a bit more sluggish than initially thought as businesses ran down stocks of unsold goods, offsetting a spurt in spending.
State pension funds are looking at a $1 trillion shortfall in what they owe workers in benefits, according to new data from The Pew Charitable Trusts.
The stakes are particularly high for Janet Yellen on Friday, according to Boris Schlossberg of BK Asset Management.
The Fed has not acted yet because some recent economic data have given policymakers pause, Kansas City Fed's Esther George tells CNBC.
But Dallas Fed President Robert Kaplan refuses to put a timetable on a possible hike.
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