The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
The chatter in the market may be bullish but there is a real danger that something could go wrong—something no one is talking about now but will be once they get hit by some unexpected development.
Growth in the vast US services sector slowed to the lowest level in seven months as new orders and employment measures dropped.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Great news for parents and teens alike — the summer-job outlook for teens looks a lot sunnier than last year. BRB, have 2 tell my BFF!
Private-sector job creation was considerably less than expected in March, indicating that the labor market's improvements could be stalling.
Fed Governor Daniel Tarullo told CNBC that whether banks should be split is up to Congress, which should also talk about limits on short-term bank liability.
Applications for U.S. home mortgages fell last week, as a decline in refinancing activity offset higher demand for purchase loans, an industry group said on Wednesday.
The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March. It could provide a rationale for an interest rate cut when central bankers meet on Thursday.
One of the Federal Reserve's most hawkish officials confronted one of the institution's most dovish policymakers on Tuesday in a rare joint public debate over the risks posed to inflation by the U.S. central bank's bold steps to spur growth.
Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether municipal bondholders or pensioners will absorb most of the pain when a government goes broke.
The U.S. became a financial markets' triple threat in the first quarter, with equities, government bond yields and the dollar all rising in tandem—something that rarely occurs for any sustained period.
Major automakers posted strong monthly U.S. car sales last month, helped by growing confidence in the recovery and demand for pickup trucks and sport utility vehicles.
New orders for U.S. factory goods rose sharply in February but a gauge of planned business spending slipped, suggesting factory activity continued to expand at a moderate pace.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
It's no April Fool's Day joke. Drivers are indeed paying less to fill up their gas tanks than they did a few weeks ago, a month ago, a year ago.
The bulls have been running at a fierce pace but these pros say the correction is coming in the second quarter. Here's why.
It's official: Stockton, Calif., will become the nation's most populous city to enter into bankruptcy protection after getting clearance from a federal judge on Monday.
What's bad news for corn investors could be good news for battered consumers if trends hold up.
The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to a new industry report released.
"Squawk Box" enlisted some Wall Street heavyweights to help answer that question as stocks by any measure begin the second quarter at all-time highs.