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US Economy

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  • Have Twinkies Killed the Union Movement? Friday, 26 Apr 2013 | 4:00 PM ET

    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.

  • Consumers Uneasy as Economic Concerns Weigh Friday, 26 Apr 2013 | 9:56 AM ET

    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.

  • And Now for Some Good News: Jobless Claims Down Thursday, 25 Apr 2013 | 8:35 AM ET

    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.

  • Feeling More Secure in Your Job? You're Not Alone Thursday, 25 Apr 2013 | 7:31 AM ET
    A sign advertising jobs is posted in the window of a Jack in the Box restaurant.

    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.

  • Flight Delays Put Budget Cuts in Spotlight Thursday, 25 Apr 2013 | 7:08 AM ET

    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 Report' Skewers the Austerity Zombies Wednesday, 24 Apr 2013 | 1:15 PM ET
    Stephen Colbert

    Colbert devotes two segments to mocking the demolished intellectual case for austerity.

  • How Big Are Underground Payrolls? Try $2 Trillion Wednesday, 24 Apr 2013 | 9:52 AM ET
    Day laborers wait near a Home Depot home improvement store in hope of finding work for the day in Los Angeles, California.

    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.

  • Where the Budget Cut Pain Is Really Being Felt Wednesday, 24 Apr 2013 | 9:18 AM ET
    Federal employees take part in a rally in front of Department of Labor protesting budget cuts.

    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.

  • Housing Recovery on Track: New Home Sales Rise Tuesday, 23 Apr 2013 | 10:01 AM ET

    Sales of new U.S. single-family homes rose in March, indicating the housing market recovery remains on track.

  • Jim O'Neill

    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.

  • Home Resales Stall; Prices Rise Most Since 2005 Monday, 22 Apr 2013 | 10:01 AM ET

    U.S. home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy.

  • Caterpillar CEO: Most Confident I've Been in 2 Years Monday, 22 Apr 2013 | 9:54 AM ET
    Doug Oberhelman, CEO of Caterpillar.

    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.

  • A man attempts to retrieve belongings from his flooded home along the Yazoo River near Yazoo City back in May 22, 2011 in Yazoo County, Mississippi.

    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.

  • Abenomics Anxiety Doesn't Last Long for S. Korea Sunday, 21 Apr 2013 | 5:39 PM ET
    Japanese Prime Minister Shinzo Abe.

    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.

  • Europe's Economy Is Dead, Needs Central Bank CPR Sunday, 21 Apr 2013 | 5:02 PM ET

    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.

  • Bernanke to Skip This Year's Jackson Hole Meeting Sunday, 21 Apr 2013 | 3:56 AM ET
    Ben Bernanke

    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.

  • Drought Worsens, Scorching Much of the Country Saturday, 20 Apr 2013 | 3:53 PM ET

    The drought that ravaged much of the U.S. in 2012 shows no sign of letting up in some sections of the country.

  • Boosting Global Demand Is 'Imperative': Jack Lew Friday, 19 Apr 2013 | 5:52 PM ET
    President Barack Obama and White House Chief of Staff Jack Lew.

    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.

  • Fitch Strips UK of Its Triple-A Credit Rating Friday, 19 Apr 2013 | 1:58 PM ET

    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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