Contracts to buy existing homes rose slightly in March, as an historically low supply of for-sale listings nationwide continues to plague the housing market.
Americans spent more in March and their income grew, the latest indication that consumers are shrugging off a tax increase.
Before the recession, non-Hispanic white families, on average, were about four times as wealthy as nonwhite families, according to a new study. By 2010, whites were about six times as wealthy.
The Bureau of Economic Analysis is about to overhaul the way it tracks the growth of the American economy. The new accounting rules will give more weight to "intangible and intellectual" assets.
President Barack Obama plans to nominate Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House official said on Sunday.
The rise of "superbugs," and pressure from the government and insurers, is driving hospitals to try all sorts of new approaches to stop their spread.
After the payroll tax increase, many worried that consumers would stop spending and further slow the economy. Nope. Not yet, anyway.
"Dowton Abbey" producers have been slow at capitalizing on the "Downton" brand. That's all set to change in 2013, the show's executive producer told CNBC.
Germany's Bayer has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
Major Vodafone investors said $100 billion was not enough for the British company's stake in its U.S. joint venture with Verizon Communications.
High-frequency traders are facing "speed limits" on a major trading platform, which is being touted as a template for a regulatory clampdown on computer-driven activity, the FT reports.
Asia is home to some of the world's largest economies and has a stable growth outlook, yet this does not seem to be enough to tickle an entrepreneurial spirit.
Many who have made career mistakes say that it is devastating to realize you've made the wrong move. But nearly six years into this economic slump, some say that in retrospect they don't necessarily regret the decisions they've made.
US companies have easily beaten expectations for first-quarter earnings so far, but analysts don't expect the rest of the season to be as robust.
Months after Hostess shut down over a standoff with its unions, the re-formed cupcake maker is expecting to put its snacks back on store shelves—using nonunion workers.
Investor enthusiasm took a break last week, indicating that some apprehension remains about the stock market.
Now the novel is dividing the nation's booksellers with dueling paperback editions: the original enigmatic blue cover and a flashy version with Leonardo DiCaprio front and center.
The White House says Congress' move to quickly end widespread airport delays is good news but falls short of broader action needed to address wider spending cuts.
Smashburger has offered craft beers at its restaurants as a way to extend its focus on local flavors, but a decision to pair craft beers with burgers has been a huge success for its sales.
The flaccid GDP report may stem from deficit-cutting moves, including a 2 percent payroll tax hike that kicked in Jan. 1 and ongoing budget cuts. NBC News reports.