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  • Yellen: Push unemployment rate lower to spur inflation Wednesday, 17 Dec 2014 | 3:24 PM ET

    WASHINGTON— Federal Reserve Chair Janet Yellen says she's prepared to let the unemployment rate fall from its current 5.8 percent to exceptionally low levels, saying doing so should help cause inflation to rise closer to the Fed's 2 percent target. A forecast provided by Fed policymakers indicates that the unemployment rate is expected to slip below 5...

  • Yellen: Normalization unlikely 'next couple meetings'  Wednesday, 17 Dec 2014 | 2:44 PM ET

    Federal Reserve Chair Janet Yellen, remarks on the range of views on the committee about when the lift in rates would be appropriate.

  • Fed Chair Yellen: New language not policy change  Wednesday, 17 Dec 2014 | 2:30 PM ET

    Federal Reserve Chair Janet Yellen provides insight to an update to the committee's forward guidance for the federal funds rate indicating it can be patient in beginning to normalize the stance in monetary policy.

  • Text of the Federal Reserve's statement Wednesday Wednesday, 17 Dec 2014 | 2:20 PM ET

    WASHINGTON— Below is the statement the Fed released Wednesday after its policy meeting ended:. Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. Labor market conditions improved further, with solid job gains and a lower unemployment rate.

  • Market responds positively to Fed  Wednesday, 17 Dec 2014 | 2:12 PM ET
    Traders on the floor of the New York Stock Exchange.

    CNBC's Bob Pisani dissects the move higher in the S&P 500 after the FOMC statement. The Fed said the effects of lower oil prices are transitory in nature.

  • Fed confusing, way behind the game: Pro  Wednesday, 17 Dec 2014 | 2:05 PM ET

    Reacting to the FOMC statement, with Lindsey Piegza, Sterne Agee; David Kelly, JPMorgan Funds; Bob Doll, Nuveen Asset Management; and CNBC's Steve Liesman. The Fed has kept its key phrase of "considerable time."

  • Fed keeps 'considerable time,' but not as policy  Wednesday, 17 Dec 2014 | 2:00 PM ET

    CNBC's Steve Liesman reports the Federal Reserve has kept its key phrase of "considerable time" regarding keeping interest rates near zero, but only as a reference, not a policy. The committee continues to monitor inflation developments.

  • UK unemployment rate at 6-year low of 6 percent Wednesday, 17 Dec 2014 | 6:04 AM ET

    LONDON— Official figures show Britain's unemployment rate was 6 percent in the three months to October, its lowest level since the 2008 financial crisis. The Office for National Statistics said Wednesday that 1.96 million people were unemployed in the quarter, 63,000 less than the previous quarter. IHS Global Insight analyst Howard Archer was encouraged by...

  • What's weighing on Fed's plate  Monday, 15 Dec 2014 | 7:07 AM ET

    Pantheon Macroeconomics' chief economist Ian Shepherdson, thinks the Fed will shift its language this week regarding rates.

  • Not all non-working men willing to make sacrifices Friday, 12 Dec 2014 | 11:18 AM ET
    David Muszynski, a former concert technician and bar manager on disability, now living with and caring for his aunt Ruth, in Tonawanda, N.Y., Dec. 9, 2014.

    The share of prime-age men who are not working has more than tripled since the late 1960s, and some are not eager to take new jobs. NYT reports.

  • US jobless claims fall; continuing claims up Thursday, 11 Dec 2014 | 8:41 AM ET
    A We're Hiring sign at a Target store in Mount Kisco, New York.

    The number of Americans filing new claims for unemployment benefits fell last week, pointing to a strengthening labor market.

  • Rising inequality ‘significantly’ curbs growth Tuesday, 9 Dec 2014 | 11:05 AM ET
    A woman begs in central Moscow.

    The chasm between the richest and poorest is at a 30-year high in developed countries, dragging down growth, according to a new global report.

  • WASHINGTON, Dec 9- U.S. states' revenues are growing at a faster clip than last year, mostly due to the brightening national economic picture, and are stabilizing the governments' budgets, according to a nationwide survey released on Tuesday. "Economic growth and declines in the unemployment rate have led to an improved outlook for state revenues in fiscal 2015,...

  • Dec 8- U.S. economic growth is expected to pick up next year, driving down the unemployment rate, but inflation is seen slowing slightly, according a survey published Monday by the Federal Reserve Bank of Chicago. The forecasts, from manufacturers, bankers, analysts and others participating in the regional Fed bank's annual outlook symposium last week, also point...

  • US jobs: Must get 'millenials' back to work  Monday, 8 Dec 2014 | 5:30 AM ET

    While the U.S. jobs report's headline numbers were good, we need younger people to get jobs and create economic growth to support the U.S. economy, say Lance Roberts, chief strategist at STA Wealth Management.

  • Impressed by pace of US job creation: Pro  Sunday, 7 Dec 2014 | 5:13 PM ET

    David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says an increase in wages and weekly hours worked are good signs for the economy.

  • Hiring this year has ranged across many industries Friday, 5 Dec 2014 | 4:05 PM ET

    WASHINGTON— This year's hiring boom hasn't been just about a couple of standout industries. All major sectors have posted impressive gains, reflecting the broad strength of the U.S. economy. The unemployment rate stayed at 5.8 percent, the lowest level since July 2008.

  • Hard not to get excited about jobs number: Furman  Friday, 5 Dec 2014 | 9:39 AM ET

    Jason Furman, Council of Economic Advisors chairman, provides perspective on what's working in the U.S. economy.

  • WASHINGTON— US employers add 321,000 jobs in November, most in nearly 3 years; jobless rate stays 5.8 pct.

  • OTTAWA, Dec 5- Canada lost 10,700 jobs in November after two consecutive months of big gains, and the unemployment rate edged up to 6.6 percent from 6.5 percent in October, Statistics Canada said on Friday. The Bank of Canada- which has kept interest rates at near record lows for more than four years to stimulate the economy- said on Wednesday that the labor market...