U.S. consumer spending unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years.» Read More
Vermont is a small state with just 660,00 residents, but getting the health insurance exchange here ready in time for the rollout of Obamacare in 2014 is still a very big job.
Manufacturing in New York state expanded in February for the first time in seven months, boosted by a surge in new orders, the New York Federal Reserve said Friday.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "IT monkey."
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a continued steady improvement in labor market conditions.
President Obama says he wants more Americans to be able to save money by refinancing their mortgages. The trouble is that mortgage rates are rising.
The battle to rein in spending and overhaul taxes is something that Washington's policymakers must work "to get off the front page," Caterpillar CEO Doug Olberhelman told CNBC on Wednesday.
Under proposed rules for the Affordable Care Act, companies with 50 or more full-time employees will be required to offer benefit plans, or face fines. CNBC's Bertha Coombs takes a closer look at one small business, Batchbook, navigating Obamacare.
For large retail and restaurant chains the big unknown in the year ahead is how much more they'll pay for health coverage. Employers with 50 or more workers who put in 30 hours a week will be required to provide health care coverage or pay a fine, under the Affordable Care Act.
U.S. business inventories edged up in December as sales pushed higher, confirmation that a slow pace of warehouse restocking weighed on economic activity.
Inflation in the U.K. will remain above target for the next two years, Bank of England governor Mervyn King warned on Wednesday, but tightening monetary policy was not the solution as it could push the economy deeper into recession.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Detroit Mayor Dave Bing, delivers speech on Wednesday to avoid losing much of his authority to a state takeover of the city's financial affairs.
President Barack Obama tried to push past the fiscal battles that plagued his first term, as he laid out an agenda he hopes will shape his legacy.
The Federal Reserve should be more explicit about the likely future path of interest rates, a top Fed official said on Tuesday, saying that while the central bank's recent changes to guidance on interest rates are a step in the right direction they do not go far enough.
Bridge disputes in Congress on taxes and spending. Shrink budget deficits. Manage tense economic ties with China. Press Europe to reduce debts while fighting a recession. Defend the U.S. financial overhaul law. Prevent a global currency war. And those are just the obvious challenges.
Small-business owners' confidence was virtually flat in January, as entrepreneurs failed to recoup losses sparked by December's scare about the so-called "fiscal cliff," according to the NFIB.
President Obama's State of the Union Address represents his largest opportunity to sway the public and Congress behind his goal for "balanced" deficit reduction, according to his longtime strategist David Axelrod.
Revelers in New Orleans will celebrate Mardi Gras with parades, giant floats and parties that are expected to attract about a million people to the city and its historic French Quarter and generate an estimated $300 million.
President Obama is likely to give a nod to the fitful economic recovery in his State of the Union speech with Apple CEO Tim Cook in attendance. But analysts don't expect major statements on contentious issues like taxes and the budget.
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