CAIRO— Egypt's president has approved a new budget for fiscal year 2015-2016, slashing the projected budget deficit to 8.9 percent of gross domestic product, the country's finance ministry said Thursday, in a move likely to please international creditors. Also Thursday, Egypt's currency fell to a new low point against the dollar, the first such drop since...» Read More
Federal Reserve Chair Janet Yellen explains the Fed's QE exit strategy. "We anticipate continuing to reduce the pace of asset purchases in measured steps." Yellen says.
Fed Chair Janet Yellen says the Fed policy will be guided by the evolving economic and financial situation and adjustments will be made appropriately. Yellen says even as they reduce the pace of purchases of longer-term securities it is still adding to its holdings.
Federal Reserve Chair Janet Yellen says she expects economic activity to expand at a faster pace this year and the unemployment rate will gradually decline as the economy continues to strengthen.
Federal Reserve Chair Janet Yellen says conditions in the labor market are improving and payroll employment has increased by 8.5 million jobs since its low point, but says a substantial amount of slack remains in the labor market.
Fed Chair Janet Yellen tells the Joint Economic Committee the economy continues to recover and a rebound in spending and production is underway. Yellen cautions on housing activity and says the sector bears watching.
Jeremy Siegel, University of Pennsylvania professor, shares his year end outlook on the markets and weighs in on how low interest rates are impacting bonds.
CNBC's Steve Liesman reports on the incredibly shrinking Q1 GDP forecast.
CNBC's Steve Liesman has the latest on revisions being made to GDP estimates and job growth.
Martin Franklin, Jarden executive chairman, explains why consumers appear to be less stressed this year.
Bill O'Neill, head of CIO wealth management research U.K. at UBS, says that while the period of growth acceleration is over for the U.K., the current rate should be sustained in the quarters to come.
A tightening of monetary and fiscal policies, coupled with weak global demand, contributed to the country's lower first-quarter growth, says Andin Hadiyanto, Chairman of Fiscal Policy Agency of Indonesia's Ministry of Finance.
Discussing GDP growth and the state of the U.S. economy, with John Rutledge, SAFANAD; Peter Andersen, Congress Asset Management; and CNBC's Steve Liesman and Rick Santelli.
Several economists are upping their growth forecasts for Q2, reports CNBC's Steve Liesman.
Buoyed by the April jobs report, more economists are projecting 4 percent GDP in the second quarter.
CNBC's Steve Liesman weighs in on the April ISM non-manufacturing data and what it means for the U.S. economy.
Saktiandi Supaat, head of global foreign exchange strategy at Maybank, comments on the Indonesian economy and the rupiah, following Monday's slightly disappointing GDP number.
Daryl Liew, Head Of Portfolio Management at REYL, discusses reasons behind Indonesia's slower-than-expected gross-domestic product (GDP) in the first quarter.
What the April report and recent GDP number really say about the economy.
CNBC's Larry Kudlow, and Ed Rendell, former Governor of Pennsylvania, discuss if today's healthy jobs report gives Democrats a solid platform to run on in the upcoming mid-term elections.
CNBC's Steve Liesman digs into April's jobs number, saying there will be a few new key data pieces for the Fed to consider.