The Obama administration pointed to declining budget deficit and improved housing market as likely factors for economic growth.» Read More
PROVIDENCE, R.I.-- Rhode Island's jobless rate for 2013 has been revised upward to 9.5 percent, and new data show the monthly rate never dipped below 9 percent last year as previously reported, state labor officials said Thursday. "Certainly the recovery in Rhode Island is frustratingly slow," said DLT Director Charlie Fogarty.
Amid harsh weather that battered much of the US, signed contracts to buy existing homes held steady last month, according to the National Association of Realtors.
U.S. consumer sentiment rose marginally in February even as concerns about the extreme weather persisted.
The U.S. slashed its estimate for fourth-quarter growth as consumer spending and exports were less robust than initially thought.
TOKYO, Feb 28- Japan's jobless rate held steady at the lowest in six years in January and the availability of jobs improved to the highest in more than six years in an encouraging sign that a tight labour market will support consumer spending.
CNBC's Steve Liesman shares highlights of Fed Chair Janet Yellen's testimony before the Senate Banking Committee.
Federal Reserve Chair Janet Yellen said Thursday that harsh winter weather may have had an impact on recent economic data and reiterated her stance that accomodative monetary policy should remain appropriate for some time.
The number of U.S. jobless claims rose last week, but the underlying trend suggested no shift in labor market conditions.
CNBC's Rick Santelli breaks down the latest numbers on unemployment and consumer spending. CNBC's Steve Liesman explains why he thinks the data is not just about the weather.
Recent economic data prompted Fed president Eric Rosengren to say the Fed should be patient with monetary easing.
Rep. Paul Ryan, (R-WI), shares his thoughts on why raising the minimum wage could hinder job creation.
Rep. Paul Ryan, (R-WI), discusses his vote for the Employment Non-Discrimination Act, which provides basic protections against workplace discrimination on the basis of sexual orientation or gender.
Rep. Paul Ryan, (R-WI), shares his "pro-growth" ideas to lower tax rates on business and families and create jobs. Simplifying the tax code is clearly one of the best things we can do to create growth and jobs in this economy, says Ryan.
U.S. single-family home prices ended 2013 on a strong note, soaring by more than 13 percent.
This year's severe winter weather in the U.S. could easily add up to one of the top five costliest since 1980, causing over $1.5 billion in insured losses so far.
How to play the global economic environment, with David Kelly, JPMorgan Funds, and Paul Hickey, Bespoke Investment Group.
Group of 20 finance leaders have yet to reach a conclusion on setting a numerical target for global growth.
Detroit's emergency manager filed a plan for emerging from the largest municipal bankruptcy in U.S. history.
U.S. home resales fell more than expected in January, hit an 18 month-low as cold weather and lack of housing stock sidelined buyers.
The number of Americans filing for new unemployment claims fell last week, pointing to improving jobs markets.