U.S. manufacturing expanded at the fastest pace in more than 3 years, boosted by a jump in its new orders and employment readings.» Read More
July's gain of 209,000 nonfarm payrolls shows the economy is chugging along, and the labor market is improving, but is not strong enough to push the Fed to hike rates anytime soon.
BEIJING, Aug 1- China's central bank will keep up reasonable growth in credit and social financing and fine-tune its monetary policy in a timely way, the bank said on Friday.
CHICAGO, Aug 1- Chicago said its budget deficit was on track to shrink to just below $300 million in 2015, but a state-mandated increase in pension payments would expand gaps in the future.
Economists expected nonfarm payroll growth to hit 233,000 in July, down from 288,000 in June, and unemployment to fall to 6.0 percent from 6.1 percent.
Fed policy is inconsistent with "clear progress" made by the economy this year, Philadelphia Fed President Charles Plosser said on Friday,
One of the most surprising aspects about Argentina’s default on its debt this week was the lack of market impact on other emerging economies.
WASHINGTON— A bill to address the crisis of unaccompanied migrant youths arriving at the U.S.- Mexico border has died in the Senate on a procedural vote. The action came hours before the Senate adjourns for a five-week recess. The Senate bill also included money for wildfires and Israeli defense.
July's employment report is expected to be strong—good news for the economy, but possibly bad news for markets.
The average price of gas posted the largest July decline in six years, according to the latest survey by AAA. Here's why.
Ron Insana says he expects a near-term correction. He's out of stocks and has taken short positions.
HARTFORD, Conn.— Nearly 100,000 employers in Connecticut are about to get sticker shock as the state mails annual tax bills to pay interest on its $433 million federal loan for unemployment benefits for workers let go during the Great Recession.
When it comes to what investors think will spoil the 6-year-old bull market, most point directly to the Federal Reserve.
Enacted by the Oklahoma Legislature in 2007, the event is similar to sales tax holidays in 16 other states including Arkansas, Missouri and Texas, according to the Federation of Tax Administrators in Washington, D.C. And the Oklahoma Tax Commission reports that it saves Oklahoma shoppers millions of dollars in sales taxes each year.
As stocks spiral lower and bond yields tick higher, strategists say the dollar may finally be getting ready to flex some muscle.
*Wall St tumbles with Dow, S&P turning negative for July. NEW YORK, July 31- Doubts on whether stock markets can ride out a tightening of U.S. monetary policy dominated trade on Thursday, sending major U.S. stock indexes down more than 1 percent, while the dollar edged higher against a basket of major currencies.
The pace of business activity in the U.S. Midwest in July sank to its slowest level since June 2013, a report showed on Thursday.
GOVERNMENT REPORT FINDS FINANCIAL MARKET PARTICIPANTS BELIEVE REGULATORY REFORMS REDUCED LIKELIHOOD GOVERNMENT WOULD BAIL OUT BIGGEST U.S.
Silicon Valley is "alive and well," but the level of prosperity depends on the tech sector, Oracle Chairman Jeffrey Henley tells CNBC.
An outflow of deposits would reverse a five-year trend of large amounts of cash pouring into banks thanks to the Fed, the FT reports.
U.S. labor costs rose more than 5-1/2 years in the second quarter, a sign that a long-awaited acceleration in wage growth was imminent.
Get the best of CNBC in your inbox