Wholesale government spending cuts should not be the core of the U.S. deficit reduction program, according to a new survey of economists.
The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.
Outstanding student debt is beginning to impede the economy as a whole, a new report suggests, chiefly by robbing the housing market of its richest crop of new buyers: young college graduates.
Four months after Mr. Obama won a second term, the only issue that truly unites Republicans is a commitment to shrinking the federal government through spending cuts, low taxes and less regulation. The NYT reports.
Even though stocks are near all-time highs, Warren Buffett still thinks they are more attractive than other investments.
President Barack Obama raised the issue of cutting entitlements as a way out of damaging budget cuts, as both sides in Washington tried to limit a fiscal crisis that may soon hit America.
In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.
With a severance of $378.36, Andrew Mason could probably score several vouchers for half-priced Thai dinners or Swedish massages, but the ex-CEO of Groupon might be soured on daily deals for a while.
Wall Street has avoided the massive market turmoil that came with the "fiscal cliff" panic but is far from out of the danger posed by political turmoil.
President Obama blamed Republicans' refusal to close `wasteful' loopholes for the automatic budget cuts going into effect Friday, and said Americans will get through the crisis.
The first official day of Spring may still be 20 days away, but the Spring housing market is already underway. Buyer traffic is rising along with home prices, but one traditional Spring phenomenon is sorely absent: rising supply. The raw number of homes for sale is now at its lowest level in over 13 years, according to the National Association of Realtors, and the numbers continue to fall.
Federal spending cuts from the "sequester" may lead to runway closures, flight delays and longer airport security lines.
General Motors reported a 7.0 percent gain in U.S. auto sales in February, beating several analyst estimates, while U.S. rival Ford Motor posted a slightly weaker-than-expected 9.0 percent gain.
The last six times that Cook has put himself out there, Apple's stock declined afterwards. It's a streak that dates back to October 2012.
U.S. consumers increased spending modestly in January from December. Income plunged by the most in two decades, although the decline followed a one-time surge in December.
The pace of growth in the U.S. manufacturing sector picked up to its fastest rate in over a year and a half in February as new orders continued to accelerate, while a separate report showed U.S. construction spending fell.
New rules have prompted companies to offer funds with lower fees, but half of workers still don't know how much they pay, according to a new study.
U.S. consumer sentiment rose in February as Americans were more optimistic that the jobs market will improve, even as confidence in fiscal policy was near all-time lows, a new survey showed.
The USDA is likely to approve a horse slaughtering plant in New Mexico in the next two months, which would allow equine meat suitable for human consumption to be produced in the United States for the first time since 2007. The NY Times reports.
This rally in the stock market is real, Goldman Sachs's Abby Joseph Cohen told CNBC, adding that she believes it's supported by the fundamentals.