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  • Christmas Turkeys, Holidays Push Up Euro Zone Prices Wednesday, 16 Jan 2013 | 5:47 AM ET

    Europeans' appetite for turkeys and Christmas getaways pushed up the cost of living in the euro zone in December, but the European Central Bank expects the rate of inflation to cool this year.

  • Role Model of European Austerity Turns to Stimulus Wednesday, 16 Jan 2013 | 3:50 AM ET
    Riga, Latvia

    As southern euro zone countries groan under the weight of austerity measures, the Baltic country Latvia has been so enthusiastic and seemingly successful in its application of austerity measures that even the International Monetary Fund (IMF) has warned Latvia to not go too far.

  • The China Beige Book Has Some 'Shocking' Data Wednesday, 16 Jan 2013 | 3:44 AM ET
    Shanghai street scene

    China's growth is expected to have re-accelerated to near 8 percent in the fourth quarter of last year, but there are some troubling inconsistencies in the economy, according to the China Beige Book released on Wednesday.

  • Damage in the Rockaway neighborhood in New York City, where the historic boardwalk was washed away during Hurricane Sandy.

    The House of Representatives on Tuesday approved $50.5 billion in long-delayed federal disaster aid to victims of Superstorm Sandy, but not before Republicans flexed their budget-cutting muscle to strike some spending provisions.

  • World Bank Slashes Global Growth Forecasts for 2013 Tuesday, 15 Jan 2013 | 7:13 PM ET
    World Bank building in Washington, DC.

    A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013.

  • Business Inventories Rose Modestly in November Tuesday, 15 Jan 2013 | 10:01 AM ET

    Business inventories rose modestly in November as sales rose solidly, backing views restocking will not support economic growth in the fourth quarter.

  • Retail Sales Get Auto Boost; Inflation Remains Tame Tuesday, 15 Jan 2013 | 8:35 AM ET

    Retail sales rose more than expected in December while wholesale prices remained low, suggesting inflation is in check.

  • Fitch Warns of US Downgrade Over Debt Fight Tuesday, 15 Jan 2013 | 6:10 AM ET

    Failure to raise the debt ceiling within a "timely" manner would see the United States' sovereign ratings put under formal review with "highly uncertain" consequences, rating agency Fitch warned U.S. policymakers Tuesday.

  • American credit card holders in their late 20s and early 30s have more debt than older consumers, repay it more slowly and risk dying in debt if they don't curb their spending habits.

  • Roubini: No Need to Panic Over Debt Ceiling, Yet Tuesday, 15 Jan 2013 | 2:47 AM ET
    Nouriel Roubini, chairman and co-founder of Roubini Global Economics

    Gloomy economic diktats and predicting the financial crisis have earned economist Nouriel Roubini the title Dr. Doom, but in his latest interview the economics professor said the United States had little to fear, despite ongoing fiscal negotiations and the looming debt ceiling.

  • In this Aug. 22, 2012 file photo, Scott Marshall, top, of Calhoun, Ga., files for unemployment, in Dalton, Ga. Fewer Americans applied for unemployment benefits last week, and a private survey showed businesses stepped up hiring in August. The data sketched a brighter outlook for the job market one day before the government reports on August employment. (AP Photo/David Goldman, File)

    The number of U.S. families struggling with poverty despite parents being employed continued to grow in 2011 as more people returned to work but mostly at lower-paying service jobs.

  • Payroll Tax Hike Likely to Take Bite Out of Economy Monday, 14 Jan 2013 | 2:32 PM ET

    The sting from higher taxes in your first 2013 paycheck is also going to sting the economy this year, particularly in the first quarter.

  • Grover Norquist, president of Americans for Tax Reform (ATR).

    There will be a four-year struggle to rein in President Barack Obama's crazy spending, tax advocate Grover Norquist told CNBC's "Squawk on the Street" on Monday.

  • Did Obama Just Take Default Off the Table? Monday, 14 Jan 2013 | 12:34 PM ET

    Obama lists lots of things will have to be cut if the debt ceiling isn't lifted. But payments on government bonds aren't one of them.

  • Members of International Longshore and Warehouse Union Local 63 Office Clerical Unit walk a picket line near APM Terminals, halting cargo at the busiest seaport complex in the nation.

    The International Longshoremen's Association and the U.S. Maritime Alliance (USMX)are racing to avert a Feb. 7th strike of 14,500 longshoremen members in 14 major East Coast ports, including hubs in New York and New Jersey.

  • How Obamacare Changes Health Benefits This Year Monday, 14 Jan 2013 | 10:25 AM ET

    A preview of new out-of-pocket costs and newfangled ways you'll be getting your medicine as employers get ready for Obamacare to start in earnest.

  • Markets, Public Can Be Confident: Fed's Evans Monday, 14 Jan 2013 | 2:14 AM ET

    The U.S. economy is expected to grow by 2.5 percent in 2013, improving to 3.5 percent growth in 2014, top Fed official Charles Evans said on Monday.

  • Easy Money Could Backfire, Says Fed's Plosser Friday, 11 Jan 2013 | 11:31 AM ET
    Charles Plosser, President and CEO of the Federal Reserve Bank of Philadelphia

    The Federal Reserve may be frustrating Americans' efforts to restore their personal wealth and may actually slow a broader rebound in U.S. consumption, a top official at the U.S. central bank says.

  • US Trade Deficit Surges; Import Prices Fall Friday, 11 Jan 2013 | 8:38 AM ET

    The U.S. trade deficit unexpectedly grew in November, a drag on economic growth, although the gap's widening was driven by a surge in consumer goods imports, which gives a positive signal for consumer spending.

  • UK Industry Reports Sluggish Growth in November Friday, 11 Jan 2013 | 4:47 AM ET

    British industrial output grew less than expected in November, despite a strong rebound in oil and gas production, adding to evidence that the economy may have contracted in the last three months of 2012.

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