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US Economy

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  • AG Holder to call for new rewards for whistleblowers Wednesday, 17 Sep 2014 | 8:56 AM ET
    U.S. Attorney General Eric Holder listens during a news conference to announce indictments against Chinese military hackers on cyber-espionage.

    Attorney General Eric Holder will call for an increase in rewards for whistleblowers to turn in evidence of crimes on Wall Street.

  • Will Alibaba fight for the 'little guy?' Wednesday, 17 Sep 2014 | 7:57 AM ET
    The words 'Made in USA' are displayed on the label on a pair of denim jeans.

    Alibaba founder Jack Ma has touted the e-commerce giant as a path for U.S. companies to access the consumer market in China. Small business owners share their experiences.

  • US STOCKS-Futures little changed as Fed statement awaited Wednesday, 17 Sep 2014 | 7:42 AM ET

    NEW YORK, Sept 17- U.S. stock index futures were little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.

  • Ukraine central bank sees economy growing 1 pct in 2015 Wednesday, 17 Sep 2014 | 5:19 AM ET

    KIEV, Sept 17- Ukraine's economy should pick up next year and grow 1.0 percent, the central bank said on Wednesday, after a sharp contraction this year due mainly to the impact of the crisis in eastern Ukraine. Ukraine has already received two disbursements under a $17 billion International Monetary Fund bailout this year.

  • TOKYO, Sept 17- The Bank of Japan has begun paying banks for the privilege of lending them cash in a sign the central bank is reaching the limits of its power to reflate the economy, although it may soon be forced to pump yet more money into the financial system.

  • How healthy is the US housing market?     Tuesday, 16 Sep 2014 | 8:37 PM ET

    Robert Morse, Chairman of Bridge Investment Group Partners, says the U.S. housing market is recovering and will be able to withstand a modest rate hike.

  • DIARY - Top economic Events to Sept 29 Tuesday, 16 Sep 2014 | 8:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.

  • Business Highlights Tuesday, 16 Sep 2014 | 5:59 PM ET

    Alibaba risk: China's rise leaves out investors. WASHINGTON— American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may prove the biggest initial public stock offering ever. IPOs, according to research by Jay Ritter, a finance professor at the University of Florida.

  • TOKYO, Sept 17- The Bank of Japan has begun paying banks for the privilege of lending them cash in a sign the central bank is reaching the limits of its power to reflate the economy, although it may soon be forced to pump yet more money into the financial system.

  • Figures on government spending and debt Tuesday, 16 Sep 2014 | 4:54 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Foreign holdings of US Treasury securities dip Tuesday, 16 Sep 2014 | 4:39 PM ET

    The two biggest purchasers, China and Japan, both cut back. The Treasury Department said Tuesday in its monthly report that foreign holdings dipped 0.3 percent in July to $6.0 trillion, down from a record $6.01 trillion in June. Japan, the No. 2 buyer, trimmed its holdings by 0.04 percent to $1.22 trillion.

  • A report from the Census Bureau on Tuesday showed the country's median household income edged up just $180 last year to $51,939, a gain deemed statistically insignificant. Congress and the White House raised taxes on most Americans in 2013 while cutting back government spending, and the austerity was a major factor holding back economic growth.

  • 'Death cross' looms? Russell 2000 a concern: Cashin Tuesday, 16 Sep 2014 | 2:48 PM ET
    Art Cashin

    "If the bears are going to have a day, ... it will be the Russell they'll use as a vehicle," UBS' Art Cashin says.

  • Philadelphia cigarette tax tops legislative agenda Tuesday, 16 Sep 2014 | 2:24 PM ET

    HARRISBURG, Pa.— Philadelphia's school system drew nearer to a badly needed infusion of cash with a unanimous Pennsylvania House committee vote Tuesday in favor of a $2- a-pack cigarette tax in the city.

  • Govt probing early release of PPI data: Report Tuesday, 16 Sep 2014 | 1:09 PM ET
    Secretary of Labor Thomas Perez.

    The U.S. Department of Labor is investigating a technical glitch that allowed the partial early release of PPI data, Bloomberg reported.

  • Millennials start leaving Mom and Dad's nest Tuesday, 16 Sep 2014 | 12:59 PM ET

    Look who's finally leaving the roost. Millennials are starting to move out of their parents' houses, opting to rent in many cases.

  • We're not that wild about Q3 outlook: CEOs Tuesday, 16 Sep 2014 | 12:31 PM ET
    Snow falls over Lower Manhattan stands in the early hours of a major winter storm on February 8, 2013

    U.S. corporate executives are scaling back business plans this quarter, consistent with other subdued economic indicators.

  • NY: Wal-Mart levied fictional 'sugar tax' on soda Tuesday, 16 Sep 2014 | 12:31 PM ET

    ALBANY, N.Y.— New York's attorney general has settled an investigation into false price advertising for Coca-Cola 12- packs by Wal-Mart at 117 stores statewide. The attorney general's office says the retail chain launched a national Father's Day sale in June advertising the 12- packs for $3, but New York consumers were routinely charged $3.50.

  • Big cities take aim at prescription painkillers Tuesday, 16 Sep 2014 | 12:29 PM ET

    The heightened rhetoric comes as Chicago tries to recover millions in health care costs from opioid drugmakers, alleging that companies deliberately misled the public about the risks of their drugs.

  • This start-up wants you to ditch your car Tuesday, 16 Sep 2014 | 11:38 AM ET
    Jacquelyn Pourroy, a 32-year-old driver for the service Sidecar, began working for the start-up about three months ago. The service lets anyone turn a personal car into a taxi.

    Sidecar recently secured $15 million in funding, as it competes with Uber and Lyft. Is the ridesharing bubble about to pop?

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