The U.S. manufacturing sector expanded in August, exceeding expectations and moving at the fastest pace in more than four years.» Read More
Months after Hostess shut down over a standoff with its unions, the re-formed cupcake maker is expecting to put its snacks back on store shelves—using nonunion workers.
US consumer sentiment weakened in April as Americans remained concerned about their employment and financial prospects, a survey released on Friday showed.
Economists Carmen Reinhart and Kenneth Rogoff revealed they have received "hate-filled" and "threatening" emails since their influential research on austerity was exposed as containing a error last week.
The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market.
Confidence in the U.S. job market has rebounded to roughly a normal level since the Great Recession, a trend that could help boost the economy.
The Obama administration on Wednesday backed a plan that would temporarily eliminate spending cuts disrupting U.S. air travel, while lawmakers in Washington scrambled to avoid blame.
Colbert devotes two segments to mocking the demolished intellectual case for austerity.
Millions of people who can't find a full-time job are taking anything that pays them under the table, and in turn are helping to boost consumption, say analysts.
Flight delays from air traffic controller furloughs may seem like the start of the predicted doom of sequestration. But many have already felt the pain of mandated budget cuts.
Sales of new U.S. single-family homes rose in March, indicating the housing market recovery remains on track.
After German 10-year bund yields fell to their lowest for several months, renowned economist Jim O'Neill told CNBC he would not invest in the safe haven debt.
U.S. home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy.
The best word to describe the U.S. economy and economies around the world is "stability," Caterpillar CEO Doug Oberhelman told CNBC, despite the company's earnings and revenue misses and scaled-backed outlook.
Rain last week causing the Mississippi and many other rivers to surge in Missouri, Illinois, Iowa, Wisconsin, Michigan and Indiana, and lead to three deaths.
South Korea's top economic policymakers, once anxious over the potential damage to their economy from Japan's massive monetary expansion and challenge raised by a cheap yen, have grown more sanguine.
An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in monetary easing by the world's major central banks.
Federal Reserve Chairman Ben Bernanke will miss the annual Jackson Hole monetary policy symposium this year due to a scheduling conflict, skipping the prestigious event for the first time since taking the helm of the central bank in 2006.
The drought that ravaged much of the U.S. in 2012 shows no sign of letting up in some sections of the country.
Treasury Secretary Jack Lew told the IMF's finance committee that a stronger global economy is imperative and must be at the top of policy makers' agenda.
Britain's credit standing took a further blow on Friday after Fitch Ratings became the second international agency to strip the country of its top-notch rating.
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