The U.S. economy grew faster than initially estimated in the third quarter, while jobless claims fell unexpectedly.» Read More
Additional economic stimulus such as a payroll tax cut would boost hiring, Mike Jackson, the CEO of AutoNation, told CNBC on Thursday.
The Obama administration is promising to change the way it counts the number of jobs saved or created by the economic stimulus program, after the Government Accounting Office revealed measurement flaws in the current system.
The latest rush to gold is providing plenty of market buzz even on the quietest days.
On Thursday, the Government Accountability Office (GAO) will issue its bimonthly report on the Recovery Act, and the focus will be squarely on jobs, addressing the accuracy criticisms, while offering recommendations on how to improve the system of reporting. The GAO has determined that the overall number of jobs created or saved is not valid.
"Until you get the small business sector back on its feet and get it vibrant, you are basically knocking out about 20 percent of the GDP," said Camden Fine, president & CEO of Independent Community Bankers of America. "And it's hard to have a robust recovery if you have 20 percent of the GDP lagging."
Sometimes stating the obvious and repeating it frequently can be a very effective policy, especially in managing inflation expectations.
The low volume nature of the nearly 8-month old market rally has been an ongoing concern, but now the absence of institutional players could be an issue.
Homebuilder confidence was unchanged at low levels in November, but sales of newly built, single-family homes were expected to rise slightly in the next six months, according to a survey by the National Association of Home Builders.
Industrial production edged up 0.1 percent in October, a smaller-than-expected increase that signals a bumpy recovery ahead.
Stocks could continue their uptrend on Tuesday, after Fed Chairman Ben Bernanke showed little concern about the weakening dollar and signaled that low interest rates will stay.
Businesses slashed inventories for a 13th consecutive month in September although the pace of reductions slowed from the previous month.
America's small cities are losing some of their traditional appeal to upwardly mobile families seeking wholesome neighborhoods, a stable economy and affordable living.
The market will be challenged by plenty of economic news in the coming week, as investors look for signs the recovery is taking hold. But the market could trend higher as investors rotate into higher quality names.
The White House has told domestic agencies to assume their budgets will be frozen or even cut by 5 percent as it signals a big push to take on the deficit next year.
The so-called 'risk trade', where the dollar moves lower while risk assets like stocks and commodities move higher, may be unwinding. Retail earnings season continues with JC Penny reporting.
Sen. Dodd’s reform bill would jeopardize the Fed’s ability to safeguard the U.S. economy, said Frederic Mishkin, former Federal Reserve Board governor and a Columbia University economics professor on Thursday.
It's been awhile since holiday shopping has been such a wild card for the economy. Wednesday kicks off the batch of major retail earnings, when Macy's reports ahead of the opening bell.
The economy has shown recent signs of improvement, but with unemployment still on the rise, are consumers ready to start spending again this holiday?
Unemployment will shoot to 10.5 percent by the middle of next year, constraining the Federal Reserve's ability to raise interest rates, according to a Reuters poll.
It's "risk on" in global markets, a trend traders say could help keep stocks heading higher for now.