The U.S. budget deficit narrowed sharply in November from a year earlier, which could further reduce Washington's taste for austerity.» Read More
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.
Stocks could side step temporarily as investors look for the next catalyst that will break the market out of its current range
A new report, released by employment Web site CareerBuilder.com, ranked the top metro areas with the most job postings on the site between January and October 2009.
The U.S. unemployment rate blasted past the psychologically important 10-percent mark Friday as nonfarm payrolls fell by 190,000 last month. It's the first time the unemployment rate -- now at 10.2 percent -- was in double digits since June 1983.
Markets have been hanging on the October employment report, expected to show a drop of 175,000 nonfarm payrolls when it is released on Friday.
Cisco could put a glow into tech stocks Thursday, but traders say the stock market could again be choppy.
Traders have been talking about the upcoming Fed statement for days now, because even a subtle tilt in the Fed's posture on interest rates could unhinge the popular "risk on" trade, where investors bet against the U.S. dollar and throw money into risky assets such as stocks and commodities.
The "mother of all carry trades" that Nouriel Roubini warned of recently is growing and threatening to cause a global implosion, the economist warned in a CNBC interview.
The Federal Reserve ought to signal that it's ready to back off the strong monetary easing policies it put into place during the financial crisis, Kevin Ferry of Cronus Futures Management told CNBC.
Seesaw moves in the stock market have not discouraged some strategists who believe the market remains in an uptrend, despite near-term choppiness.