WASHINGTON, July 3- The number of Americans filing new claims for unemployment benefits rose marginally last week, but continued to suggest the labor market was steadily improving. Initial claims for state unemployment benefits rose by 2,000 to a seasonally adjusted 315,000 for the week ended June 28, the Labor Department said on Thursday.» Read More
Federal Reserve Chairman Ben Bernanke answers questions before the Joint Economic Committee in Congress. In the first round of questions from Chairman Casey, Vice Chairman Brady and Rep. Sanchez, the Fed chief weighs in on interest rates; what is holding back the economic recovery; and the possibility of a further round of quantitative easing.
Federal Reserve Chairman Ben Bernanke testifies before Congress on the state of the U.S. economy, Fed policy and the outlook for economic growth. Bernanke comments on the weak jobs numbers and the decline in gas prices, and says concerns about Europe, U.S. fiscal policy and a poor housing market have continued to impair economic recovery.
CNBC's Steve Liesman provides a preview of Fed Chairman Ben Bernanke's testimony before Congress today, and discussing what the markets expect to hear, with CNBC's Rick Santelli; Dan Greenhaus, BTIG chief global strategist; and Robert Heller, former Federal Reserve Governor.
CNBC's Rick Santelli breaks down the numbers from this week's jobless claims data, and discussing what it indicates about the nation's economic recovery and market outlook, with CNBC's Steve Liesman and Joshua Feinman, DB Advisors economist.
Is it time for corporate America to stop blaming D.C. for the jobs crisis and step up to the plate? Bill George, former chairman/CEO of Medtronic, and John Allison, former BB&T chairman/CEO, share their opinions.
"We really have two separate economies. One economy is behaving reasonably well; in the second economy, there is an extreme level of forward discounting going on. You can see it in the spreads between the 30-year Treasury on the one hand, and the 5-year Note, that spread is the largest in history," says Alan Greenspan, former Federal Reserve chairman, sharing his perspective on the problems facing the U.S. economic recovery.
CNBC's Kelly Evans reports European markets are down this morning following a slew of weak economic data. The euro is sitting near a 2-year low versus the U.S. dollar on growing concerns about Spain.
A look ahead of Friday's jobs report, with Drew Matus, UBS senior U.S. economist and Charles Campbell, MKM Partners executive director.
Brian Wesbury, First Trust Advisors chief economist, breaks down the numbers on a slew of economic data released today, and weighs in on Fed policy and low Treasury yields.
CNBC's Steve Liesman breaks down this morning's economic data on GDP, jobless claims, and the ADP numbers. Ethan Harris, BofA Merrill Lynch Global Research and John Lonski, Moody's Capital Markets Research Group, discuss the impact of weak economic data on the markets, ahead of Friday's jobs report.
CNBC's Rick Santelli breaks down the latest data on jobs and the economy, with John Silvia, Wells Fargo chief economist, and Curtis Arledge, BNY Mellon vice chairman.
Checking on the U.S. markets ahead of the jobs numbers on Friday, with Todd Schoenberger, BlackBay Group and Anthony Chan, JPMorgan Private Bank.
Markets are parsing every word out of Europe for signs the central banks might be ready to aid the markets. CNBC's Steve Liesman discusses the details of his interview with New York Federal Reserve president William Dudley.
CNBC's Steve Liesman reports jobless claims are consistent with trend like job growth, but durable goods data does not suggest robust growth.
Breaking down the latest numbers on durable goods and the weekly jobless claims, with CNBC's Rick Santelli, and Steve Liesman and discussing its impact on the markets, with John Ryding, RDQ Economics chief economist.
Steve Case, AOL co-founder & former CEO and chairman, and Sen. Jerry Moran, (R-KS), discuss bipartisan legislation aimed at jump-starting the economy through the creation and growth of new businesses.
CNBC's Rick Santelli and Steve Liesman break down the latest numbers on jobless claims and its impact on the markets, with Jim Iuorio, TJM Institutional Services and Jeremy Siegel, University of Pennsylvania professor.
John Lonski, Moody's Capital Markets Research Group, and Michelle Girard, RBS senior economist, provide a preview of the initial claims number out this morning and weigh in on the soft job market and uncertainty in Washington.
Will a foreign invasion help the U.S job picture? Nancy McLernon, Organization for International Investment CEO, discussing whether overseas companies will be the driver in creating new employment opportunities in this country.
Peter Morici, MD Smith School of Business, and CNBC's Rick Santelli, discuss the "truth about job growth in America."