With the world's largest economy suddenly awash in oil and gas, might the U.S. dollar join the ranks of the dollars of Canada and Australia as a "commodity currency"?
In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
While there are no real estimates of how many "accidental landlords" now inhabit the housing market, Realtors say they are one more cause of today's low inventory.
"Talking Squawk" coming at ya! From your Fed-Chairman-Ben-Bernanke-to-English-Dictionary to the Back-to-the Future move at P&G, this blog is where to get everything "Squawk Box."
Supplies are at levels not seen since the frenzy of the last housing boom while the median price for a new home hit a record high, further signs that housing is recovering.
Whether by choice or through financial reality, the percentage of American households without a car has doubled over the past two decades—and is now approaching 1 in 10.
Sales of new homes rose to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
With the world's largest economy suddenly awash in oil and gas, might the U.S. dollar join the ranks of the dollars of Canada and Australia as a "commodity currency"?
Markets will be hyper-focused on the economy for any sign it is getting strong enough to encourage the Fed to start pulling back the security blanket of quantitative easing.
Orders for long-lasting U.S. manufactured goods rose more than expected, a sign of resilience despite belt-tightening in D.C. and weakness in overseas markets.
Initial claims for unemployment benefits dropped 23,000 to a 340,000, pushing back below the mark that economists normally associate with a firming job market.
Housing is good but not great and unlikely to be a leading force in a robust recovery, according to a group that is one of the industry's leading voices.
Federal Reserve Chairman Ben Bernanke would not risk a premature withdrawl of the stimlus that has underpinned the U.S. economic recovery, former vice chairman of the Fed Alan Binder told CNBC.