US Economy


  • California economy stands up to nature's wrath Saturday, 20 Sep 2014 | 5:00 PM ET
    Redding, Calif., firefighters help a resident search for personal belongings in the remains of her destroyed home in Weed, Calif., Sept. 16, 2014.

    The impact of natural disasters is being felt unevenly in California, but economists say the Golden State's economy won't suffer overall.

  • Singles are bad news for Social Security coffers Saturday, 20 Sep 2014 | 3:00 PM ET

    Most American adults are single. That's bad news for Social Security but potentially good news for welfare programs.

  • Lawmakers wary of university budget proposal Saturday, 20 Sep 2014 | 11:21 AM ET

    CONCORD, N.H.— While some New Hampshire lawmakers like the idea freezing in-state tuition at public colleges for another two years, they aren't ready to increase funding for the university system by 34 percent.

  • Figures on government spending and debt Friday, 19 Sep 2014 | 5:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Greece: New bailout 'out of the question' Friday, 19 Sep 2014 | 3:43 PM ET

    ATHENS, Greece— Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.

  • As Alibaba debuts, Jack Ma nods to the little guy Friday, 19 Sep 2014 | 2:35 PM ET
    The words 'Made in USA' are displayed on the label on a pair of denim jeans.

    As Alibaba began trading on the NYSE Friday, founder of the e-commerce giant Jack Ma acknowledged the company's commitment to smaller merchants in a CNBC interview.

  • Layoffs postponed for Ohio uranium plant cleanup Friday, 19 Sep 2014 | 1:48 PM ET

    COLUMBUS, Ohio— A funding measure approved this week by Congress would at least postpone hundreds of layoffs for workers handling decontamination and decommissioning of a Cold War-era uranium plant in southern Ohio. It included $13.7 million to continue cleanup of the former Portsmouth Gaseous Diffusion Plant in Piketon until December, Republican Sen.

  • *Lender to halt a 67 million euro tranche for Bosnia. SARAJEVO, Sept 19- The International Monetary Fund will hold off on disbursing the next tranche of Bosnia's aid programme until the Balkan country implements agreed economic policies, most likely after the October election, a senior IMF official said on Friday.

  • An essential guide to the midterm elections Friday, 19 Sep 2014 | 7:29 AM ET
    Speaker of the House John Boehner and President Barack Obama.

    America's permanent partisan war for now shifts exclusively to the campaign trail. Here's what you need to pay attention to.

  • Spending bill leaves out immigration courts Friday, 19 Sep 2014 | 7:17 AM ET

    WASHINGTON— Congress' must-pass budget bill ignores the Obama administration's request to accelerate spending on immigration courts to handle the flood of unaccompanied minors at the border— even as it boosts spending flexibility for Border Patrol agents and detention centers.

  • Cuomo: Use surplus to spur municipal consolidation Friday, 19 Sep 2014 | 3:10 AM ET

    BOLTON LANDING, N.Y.— New York should use nearly half of its more than $4 billion budget surplus to spur upstate economic development and encourage local governments to consolidate and share their services, Gov.

  • CAIRNS, Australia, Sept 19- U.S. Treasury Secretary Jack Lew said he told Japanese Finance Minister Taro Aso that Japan must remain committed to calibrating all three arrows of its economic policy to sustain healthy domestic growth.

  • GE: Optimistic about growth in the US, China     Thursday, 18 Sep 2014 | 8:12 PM ET

    John Rice, Vice Chairman of General Electric, expects the U.S. recovery to fuel global demand for infrastructure. He is also confident that China can achieve 7.5 percent growth this year.

  • Figures on government spending and debt Thursday, 18 Sep 2014 | 5:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Citi appeals Argentine bond payment ruling Thursday, 18 Sep 2014 | 4:15 PM ET

    Citi argued it faces "a serious and imminent hazard" if it cannot process another interest payment by Argentina on $8.4 billion in bonds the country issued.

  • Watch Art Cashin: Alibaba IPO lifting stocks Thursday, 18 Sep 2014 | 3:02 PM ET
    Art Cashin

    UBS' Art Cashin says Alibaba's IPO is boosting stocks a day ahead of the e-commerce giant's high-profile debut.

  • Stoners on the job: Nearly 10% went to work high Thursday, 18 Sep 2014 | 2:42 PM ET

    A new survey has found 10 percent of American workers have showed up to their jobs high. Are you surprised? Here’s what employers can do about it.

  • *Mechanical problems seen with diminished repo facility. *Central bank unveiled longer-term' normalization' plan. NEW YORK, Sept 18- No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.

  • What the Fed's dream trade looks like Thursday, 18 Sep 2014 | 2:28 PM ET
    Trader on the floor of the New York Stock Exchange on Aug. 26, 2014.

    The Fed just might have triggered an early look at its dream trade—where short-term yields rise gradually and longer term rates rise more slowly.

  • California bill increases Hollywood tax credits Thursday, 18 Sep 2014 | 2:17 PM ET

    Jerry Brown headed to the cradle of the Hollywood film industry Thursday to sign legislation that more than triples the state's tax credit to $330 million a year for films and TV shows produced in California.

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