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Economy

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  • US Economy a Bright Spot: Expert     Wednesday, 23 Jan 2013 | 10:00 AM ET

    Nariman Behravesh, chief economist at IHS, tells CNBC why he's positive about the U.S. economy in 2013, despite political uncertainty.

  • What John Paulson Says Is the Best Investment Now Wednesday, 23 Jan 2013 | 9:54 AM ET

    More than four years after the financial crisis that made him billions, hedge-fund manager John Paulson is bullish on the U.S. economy and housing in particular.

  • Economy Fueled by 'Energy Revolution,' Housing: Hormats Wednesday, 23 Jan 2013 | 7:40 AM ET

    Growth in the U.S. economy will be aided by the domestic "energy revolution" and the pick-up in the housing market, Under Secretary of State Robert Hormats told CNBC on Wednesday.

  • US Mortgage Applications Up for Third Week Wednesday, 23 Jan 2013 | 7:01 AM ET

    Applications for U.S. home mortgages rose last week for the third week in a row, boosted by increased demand for refinancings,data from an industry group showed on Wednesday.

  • JPMorgan CEO Hits Back at Policymakers in Davos Wednesday, 23 Jan 2013 | 5:52 AM ET
    Jamie Dimon listens during a panel discussion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland.

    JPMorgan Chase CEO Jamie Dimon has hit back at policymakers and new regulations, telling CNBC in Davos that some of the rules had made things more complicated and that many of the problems had still not been fixed.

  • Labor to Private Equity: We Are Part of Solution Wednesday, 23 Jan 2013 | 4:44 AM ET

    For the first time in recent years, policymakers don't have a major financial crisis to grapple with at this year's World Economic Forum (WEF), which gets under way on Wednesday.

  • GOP Moves to Suspend Debt Ceiling Until May Tuesday, 22 Jan 2013 | 8:44 PM ET

    House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. The move would reverse the order of a series of expected debt and spending fights in Washington, an effort designed to put the GOP on more sound political footing.

  • Think CEOs Are Growing More Confident? Think Again Tuesday, 22 Jan 2013 | 12:29 PM ET

    CEOs, many of whom are gathering in the Swiss ski resort of Davos for this year's World Economic Forum, are feeling less optimistic about their companies' growth prospects than last year or the year before, PwC said Tuesday.

  • President Obama has declared the U.S. must respond to the threat of climate change; however, his plan will likely hasten the pace of global warming according to this academic.

  • Consumer Sentiment Deteriorates to 1-Year Lows Friday, 18 Jan 2013 | 9:56 AM ET
    Customer shops at a Kroger supermarket in Peoria, Ill.

    U.S. consumer sentiment fell for a second straight month to hit its lowest in over a year in January, with a record number of consumers citing the recent "fiscal cliff" debate in Washington, a new survey showed.

  • What Will It Take to Get the Fed to Stop Easing? Thursday, 17 Jan 2013 | 11:23 AM ET
    Ben Bernanke

    "Europe has stabilized, the (U.S.) economy is going better, yet the Fed has this super-accommodative policy in place," said Joe LaVorgna, chief US economist at Deutsche Bank. "It doesn't make sense, but they're stuck with it."

  • Mid-Atlantic Business Activity Drops: Philly Fed Index Thursday, 17 Jan 2013 | 10:02 AM ET

    Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in January, a survey showed.

  • Jobless Claims, Housing Starts Boost Recovery Thursday, 17 Jan 2013 | 7:57 AM ET

    The number of Americans seeking unemployment aid fell to a five-year low last week, a hopeful sign the job market is healing. But much of the decline reflects seasonal volatility in the data.

  • Foreclosure activity in the United States was at a near six-year low in December and declined over the entire year as the housing market continues to recover.

  • Dem Elder Statesman: We Spend Too Much Wednesday, 16 Jan 2013 | 11:20 AM ET

    The government has a "spending problem" and that needs to change, former House Majority Leader Richard Gephardt told CNBC.

  • Debt Ceiling Battle: Why No One Agrees on Anything Wednesday, 16 Jan 2013 | 10:17 AM ET

    How politicians even explain the way the government spends money depends on what party they belong to and whether that party holds the White House or Congress.

  • After Eight Months, Home Builder Confidence Stalls Wednesday, 16 Jan 2013 | 10:00 AM ET
    Builder sentiment edged up just one point in October, according to an industry association index.

    Despite big earnings gains from the big public builders, overall confidence among the nation's home builders took a pause in January.

  • Auto Industry Fuels US Industrial Production's 0.3% Rise Wednesday, 16 Jan 2013 | 9:15 AM ET
    Auto parts production workers work on a production lines making both metal and plastic bumpers.

    U.S. factory production rose in December for the second straight month, buoyed by more output of autos, electronics and business equipment. Total industrial production beat analysts' expectations.

  • CPI Flat as Inflation Running Out of Gas Wednesday, 16 Jan 2013 | 8:13 AM ET
    Ben Bernanke

    U.S. consumer prices were flat in December, pointing to muted inflation pressures that should help give the Federal Reserve room to prop up the economy by staying on its ultra-easy monetary policy path.

  • US Mortgage Applications Rebound in Latest Week: MBA Wednesday, 16 Jan 2013 | 7:16 AM ET

    Applications for U.S. home mortgages rose for a second straight week following three weeks of declines, data from an industry group showed on Wednesday.

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