The number of new U.S. unemployment claims rose sharply last week, even as retail sales gained solidly.» Read More
Hao Hong, MD of Research & Chief Strategist at Bank of Communications International, says the real test of Chinese reform is whether the government can sit tight if growth falls below 7% in 2014.
S&P revised the outlook on Illinois' A-minus credit rating to developing from negative due to the state's passage of the pension reform.
Improvements in the job market make reductions to the Fed's massive bond-buying program more likely, a top Fed official said.
The income gap is widening fastest for Americans between the ages of 35 and 44, according to new analysis from Bankrate.com.
A court ruling found Detroit eligible for bankruptcy focused on the city's soaring crime, crushing debt—and the late Anna Nicole Smith.
U.S. consumer sentiment surged in December as Americans' outlook on the economy and job prospects improved, a survey released on Friday showed.
Charles Plosser, Philadelphia Fed president, discusses his outlook on the economy and weighs in on Fed policy. I was not a fan of this QE program in the first place, Plosser said. It would be wise if we began to get rid of this program, he added.
Charles Plosser, Philadelphia Fed president, shares his reaction to the latest employment numbers from the Labor Department. I don't get too excited over one number, Plosser added.
The U.S. economy grew faster than initially estimated in the third quarter, while jobless claims fell unexpectedly.
CNBC's Rick Santelli and Steve Liesman break down the latest data on third quarter GDP and jobs.
The U.S. trade deficit narrowed in October as exports hit a record high, pointing to a pick-up in global demand.
The U.S. saw a trade deficit of $40.6 billion last month which was close to expectations, reports CNBC's Rick Santelli.
The U.S. manufacturing sector expanded at its fastest pace in 2½ years last month, an industry report showed on Monday, while the pace of hiring in the sector also accelerated.
In an era of chastened Wall Street egos, Michael L. Corbat, the chief of Citigroup, has cultivated a workmanlike demeanor out of the spotlight. The NYT reports.
Consumer sentiment rose as wealthier Americans' outlook on the economy improved, a survey released on Wednesday showed.