US Economy


  • Wealth gap widened over past decade: Report Thursday, 21 Aug 2014 | 2:54 PM ET

    The gap between the wealthiest and the poorest Americans widened over the past decade. It also grew between younger and older families.

  • CNBC's Diana Olick reports sales of existing homes rose 2.4 percent from June.

  • Low rates bad for housing?     Thursday, 21 Aug 2014 | 2:12 PM ET

    Discussing the unintended consequences of low interest rates, with Tim Rood, The Collingwood Group Chairman, and CNBC's Diana Olick.

  • Markets over Fed fears?     Thursday, 21 Aug 2014 | 2:02 PM ET

    Jim Iuorio, TJM Institutional Services, would rather be a seller than a buyer in the short term. Bob Doll, Nuveen Asset Management, provides perspective on when the Fed might begin to raise rates.

  • Power House: Minneapolis real estate     Thursday, 21 Aug 2014 | 1:47 PM ET

    Insight to three properties in Minneapolis, with Matt Baker, Coldwell Banker Burnet.

  • Higher rates & housing     Thursday, 21 Aug 2014 | 1:08 PM ET

    Coldwell Banker real estate president & CEO Budge Huskey, addresses the state of the U.S. housing market, and signals of a continuing economic recovery.

  • Close look at home sales data     Thursday, 21 Aug 2014 | 1:06 PM ET

    CNBC's Diana Olick reports sales of existing homes beat expectations slightly in July. A look at the potential impact of higher rates.

  • If rates go higher ...     Thursday, 21 Aug 2014 | 1:01 PM ET

    How to play stocks if and when interest rates go higher, with George Young, Villere Balanced Fund, and Brian Lazorishak, Chase Mid-cap Growth Fund.

  • When will rate hikes begin?     Thursday, 21 Aug 2014 | 1:01 PM ET

    As the Fed heads gather for Jackson Hole, CNBC's Steve Liesman asked Kansas City Fed President Esther George and San Francisco Fed President John Williams, about the economic picture.

  • Watch Cashin: Stocks will 'continue to flow higher' Thursday, 21 Aug 2014 | 12:59 PM ET
    Art Cashin

    Art Cashin of UBS Financial Services tells CNBC's Dominic Chu why stocks continue to show strength even as the S&P hits record highs.

  • Infomercial king and his alleged pyramid scheme Thursday, 21 Aug 2014 | 12:58 PM ET
    Kevin Trudeau

    Infomercial king Kevin Trudeau, who made millions off books and products and is now behind bars, also masterminded a pyramid scheme.

  • Fed's Williams: Summer 2015 rate hike 'reasonable' Thursday, 21 Aug 2014 | 12:45 PM ET
    John Williams, president and chief executive officer of the Federal Reserve Bank of San Francisco.

    San Francisco Fed President Williams said hiking the benchmark interest rate in 2015 is a "reasonable guess" based on the current economic progress.

  • Japan has fallen victim to the Keynesian scam Thursday, 21 Aug 2014 | 12:24 PM ET
    Japanese Prime Minister, Shinzo Abe.

    The Japanese economy has fallen victim to the scam called Keynesian economics. The US should take heed, says Michael Pento.

  • Buzzkill! Drought saps California honey production Thursday, 21 Aug 2014 | 12:10 PM ET
    Honeybees at work on their hive.

    California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers.

  • Average US 30-year mortgage rate at 4.10 pct Thursday, 21 Aug 2014 | 12:09 PM ET

    WASHINGTON— Average long-term U.S. mortgage rates declined this week, with the 30- year loan rate hitting its 52- week low. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year mortgage fell to 4.10 percent from 4.12 percent last week.

  • I retired. Now I'm ready to go back to work: Poll Thursday, 21 Aug 2014 | 11:52 AM ET

    A new poll found that 30 percent of retirees would "unretire" if a job became available, The Fiscal Times reports.

  • Factory activity expands at fastest pace in 4 years Thursday, 21 Aug 2014 | 9:45 AM ET
    Production of Honda Pilot sports utility vehicles in Lincoln, Alabama, August 12, 2014.

    The U.S. manufacturing sector expanded in August, exceeding expectations and moving at the fastest pace in more than four years.

  • Fed behind the curve, has too much clout: Survey Thursday, 21 Aug 2014 | 7:01 AM ET
    Federal Reserve Board Chair Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee July 15, 2014 in Washington.

    The Federal Reserve has too much influence on capital markets and is seen as behind the curve when it comes to rates, according to a new survey.

  • Bank of America settlement likely to benefit few Thursday, 21 Aug 2014 | 12:40 AM ET

    WASHINGTON— Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds— $7 billion of it geared for consumer relief— offers a glint of hope for desperate homeowners. "It is certainly better than nothing," said Bruce Marks, chief executive of the nonprofit Neighborhood Assistance Corporation of America.

  • China's factory activity falls to 3-month low Wednesday, 20 Aug 2014 | 9:47 PM ET

    China's factory activity fell to a three-month in August, a private survey showed on Thursday, signaling continued weakness in the sector despite a burst of stimulus from the government.

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