Dennis Gartman, founder of the The Gartman Letter, refutes the claim that many Americans are living on the bread line.» Read More
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
CNBC's Steve Liesman reports New York Fed president Bill Dudley says he sees the fiscal drag easing and economic fundamentals improving. Dudley expects business investment to strengthen in 2014.
Home builder confidence remained flat as more builders viewed market conditions as good than poor. Still, the reading disappointed expectations.
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
Federal and state funding cutbacks are challenging Main Street. The future of America is at stake since cities contribute more than 90 percent to GDP.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.
The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.
Economists are concerned that joblessness lasting more than 6 months is a key factor preventing people from getting rehired, with grave consequences.
Weak U.S. export prices and soft New York state manufacturing presented a new set of wrinkles for the global economy, two reports said on Friday.
There are two main ways this recovery is different, says economist Joel Naroff. Here's what investors need to focus on.
Americans filing new claims for unemployment benefits fell by less than expected, just as the September trade gap widened unexpectedly.
LONDON, Nov 13- The Bank of England slashed its unemployment forecast on Wednesday but said an early fall in the jobless rate would not trigger interest rate hikes, leaving analysts confused over its new centrepiece policy of forward guidance.
LONDON, Nov 13- Britain's unemployment rate will fall much faster than previously expected due to a strengthening economic recovery, the Bank of England said on Wednesday, but it stressed that it was in no hurry to raise interest rates.
Mark Carney, governor at the Bank of England, states that the Bank now expects the inflation target to be reached a year earlier than previously forecast and for the unemployment rate threshold to be hit by the end of 2015.
OXFORD, Miss./ LOS ANGELES, Nov 8- Despite signs of improvement in the U.S. labor market, there is plenty of room for the jobless rate to fall further, Federal Reserve Chairman Ben Bernanke and two other top policymakers said on Friday, in comments that suggested continued support for the U.S. central bank's massive stimulus program.
LOS ANGELES, Nov 8- The Federal Reserve's bond-buying program and its promise to keep borrowing rates near zero until the unemployment rate drops further are working exactly as planned, a top Fed official said on Friday, as he cited gains in jobs and economic growth.
Atlanta Federal Reserve President Lockhart says concern remains that economic growth is too slow to keep pushing down unemployment.
Discussing the taper, following October's jobs report, with David Kelly, JPMorgan Funds, and Jeff Cleveland, Payden and Rygel. Kelly believes the taper could happen in December or January, but Cleveland thinks it's too early to tell.
A detailed report from the Obama administration on the costs of the 16-day partial government shutdown shows less effective government service. NYT.