U.S. consumer sentiment rose in August, while an index of current economic conditions hit its highest since July 2007.» Read More
Whether it's home heating oil or a loaf of bread, inflation is already here. So even if traditional measures don't show major increases, consumers know what they see.
Investors should be overweight in cash, which gives them security as well as the option to take advantage of other investments if prices fall, fund manager Jeremy Grantham told CNBC Thursday.
According to the SBA, one in seven veterans are self-employed or small business owners and about one quarter of veterans say they are interested in starting and buying their own businesses. The percentage is even higher among women veterans, noted the SBA.
A Brazilian bank is getting a $1.5 billion emergency loan from the government to cover what local newspapers say is fraud.
The Fed's recent announcement that it will inject $600 billion more in an effort to help boost the economy, known as quantitative easing or QE2, have left many on Wall Street concerned.
Confidence about the economy over the next six months is rising among CEOs worldwide, with nearly half of the US-based executives expressing optimism, according to quarterly survey by the Young Presidents' Organization (YPO).
The Federal Reserve policy of beefing up its balance sheet—including $600 billion in additional quantitative easing (QE)—could lead to recession by 2013 or 2014, Guggenheim Partners CIO Scott Minerd told CNBC Tuesday
Job openings dropped sharply in September, a sign that hiring is likely to remain weak over the next several months.
Foreign leaders ought to be thanking the Fed for its weak-dollar policies instead harshly criticizing the US central bank, "Dr. Doom" Marc Faber told CNBC.
Longtime central bank critic Rep. Ron Paul, (R-Texas), told CNBC Monday that the Federal Reserve's attempt to stimulate the economy with more liquidity will hurt the dollar and spark inflation.
Consumer borrowing increased in September for the first time since January even though the category that includes credit cards dropped for a record 25th straight month.
Friday's better-than-expected jobs report provided a fairly stark example of what happens when good economic news can be bad for the stock market, and investors probably have the Fed to blame.
Hedge fund legend and investor Julian Robertson told CNBC Thursday that Facebook founder Mark Zuckerberg could be following in the footsteps of Microsoft chairman Bill Gates, who Robertson considers the “greatest American of the century.”
Legendary hedge-fund manager Julian Robertson told CNBC Thursday that no US politician, whether Republican or Democrat, has the courage to make tough decisions that will boost the economy and get the country on the right track.
"It is easy to envisage QE2 giving way to QE3, QE4 and beyond because now that the Fed has started down this road again, it will be very hard to stop," says one economist.
The US Congress should focus on a medium-term plan to cut government debt to dispel fears about the world's biggest economy, Olivier Blanchard, IMF chief economist, told CNBC Thursday.
The tea party was about "60 percent positive" in Tuesday's elections, but Republicans will need to sharpen their message if the success is to carry through, former General Electric CEO Jack Welch said.
The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.
Read the full text of the statement from the Federal Reserve's Federal Open Market Committee issued on Wednesday following a two-day meeting on monetary policy.
The US Treasury Department will keep borrowing at about its current pace for the rest of this year, because of uncertainty about the economy and tax policy, the department said Wednesday.