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The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
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Early Boomers may be on track to retire with enough savings for their golden years, a new Pew study finds. But Gen-Xers (and the rest of us) are in for a world of hurt.
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.160x105.jpg?v=1368731367 "US Bull Market Begins to Show Signs of Wear")
Stocks head into Friday with a weekly gain of 1 percent, but traders are seeing signs of wear as a list of disappointing economic reports stacks up against the market's gains.
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Thursday's economic reports featured mostly bad news, with housing starts plunging and jobless claims rising while inflation remained under control.
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It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.
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"Things are better enough for the Fed to slow the pace of purchasing," Philadelphia Fed President Charles Plosser says.
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France's fall back into recession is likely to pile more pressure on the country's finance ministry, at a time when infighting has already led one senior politician to fuel rumors that Finance Minister Pierre Moscovici could be replaced.
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More Americans say they are less frugal than they were a few years ago. Time to release that pent-up desire to eat out, a survey suggests.
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Some market watchers say they are starting to spot something that they haven't seen for a while: sellers moving back into stocks.
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Even as gold prices tumble a tug of war between physical buyers and institutional sellers will put a floor under the precious metal, said analysts.
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Extended unemployment benefits do not keep people from finding a job, a report showed. But whether extensions help or hurt the jobs picture is far from settled.
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The members of the class of 2013 are apprehensive and left to reroute their future due to their exposure to economic uncertainty and high unemployment.
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The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
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US consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
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Wall Street's stock market mania officially has gone full-throttle as JPMorgan raised its year-end price target for the Standard & Poor's 500 to 1,715.
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With housing now in recovery and apartment rents rising, there is new concern that tenants and investors alike will move out of the multi-family space.
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The returns on real estate investment trusts (REITs) were more than three times those of the broader equity market in April, according to a new report.
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The 5.4 percent earnings yield is considerably below its historical average, but nearly triple the 1.9 percent yield of the 10-year Treasury.
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The strong rally this year is being met with a heightened level of supply, setting up a big bet that retail investors will keep buying what Wall Street is selling.
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.160x105.jpg?v=1368473296 "For Small Business, Things Finally Looking Up")
NFIB's widely watched Index of Small Business Optimism rose 2.6 points to 92.1 last month, erasing a drop of 1.3 during March.
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U.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances.
