U.S. housing starts hit a big milestone, one that could prompt a pullback in Fed stimulus.
The budget deal will help ease the drag on the economy, top Obama economic advisor Jason Furman tells CNBC.
The $636 million jackpot will be split among holders of two winning tickets in California and Georgia. NBC News reports.
To help increase revenues, airports are hiring personal shoppers. Heathrow's shoppers speak 11 languages.
The latest figures for ocean container freight in and out of the United States show a November dip.
JPMorgan CEO Jamie Dimon sent out his holiday card, featuring his family and tennis balls, reported the website Quartz.
Dutch prostitutes are demanding the same retirement tax benefits as professional footballers.
CNBC's Steve Liesman asks Federal Reserve Chairman Ben Bernanke whether the U.S. can expect bond purchase reduction increments of $10 billion going forward, and why Bernanke does not announce an ideal unemployment number.
Federal Reserve Chairman Ben Bernanke says the "economy is continuing to make progress" and, as a result, the Fed will modestly reduce bond purchases in January. Bernanke also addresses unemployment, saying "recent economic indicators have increased confidence the job market gains will continue."
Pimco's co-CIO Bill Gross looks ahead to the global economy in 2014. He says a major headwind for the economy is the "leverage within the system."