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 number of Americans filing new claims for jobless benefits edged higher last week, but a longer-term reading dropped to its lowest in five years and pointed to ongoing healing in the labor market.
With increasing fervor, investors are asking what is the central bank's exit strategy for getting rid of all the government debt it has bought in an effort to stimulate risk assets and boost the economy.
President Bill Clinton said Republicans need to openly state how their proposals, specifically tax cuts, would realistically work for the benefit of the American economy.
Groundbreaking to build new homes rose and new permits for construction hit the highest level since 2008, a sign the housing market recovery is gathering steam.
As the Federal Reserve (Fed) starts a two-day committee meeting on Tuesday with investors watching for further signals that it may start winding down its quantitative easing program, Anthony Scaramucci, managing partner at investment firm Skybridge Capital, told CNBC that monetary easing will continue for the next two years.
Wall Street has boosted its outlook for quantitative easing from the Federal Reserve, according to the March CNBC Fed Survey.
The bailout in Cyprus could mean a pause in the US stock-market rally but some market pros say it's also likely to give the Fed more ammunition to maintain its stimulus.
For the third straight month, sentiment among US home builders declined, dropping two points on a monthly industry index.
The GOP will endorse immigration reform on Monday and outline plans for a $10 million outreach to minority groups in an effort to make the party more "welcoming and inclusive" for voters who overwhelmingly supported Democrats in 2012.
The Fed's huge quantitative easing programs are just a continuation of the government's bailout, this economist says.
Leading congressional Republicans said on Sunday a broad deal with President Barack Obama on deficit reduction and entitlement reform remains possible but differed over potential flexibility on taxes, with the House speaker and budget leader not bending
The Federal Reserve sent a record $88.4 billion in profits to the U.S. Treasury last year, audited results showed on Friday.
The NCAA basketball tournament has a reputation for sucking the productivity out of offices everywhere. But a new report calls the conventional wisdom into question.
Paul Ryan's proposed budget would cut taxes for just about everyone, with the top earners getting the biggest tax cuts.
Consumer prices recorded their largest increase in nearly four years as the cost of gasoline surged, but showed no sign of a pickup in inflation to trouble the Fed.
US consumer sentiment tumbled to its lowest since December 2011 in March as fewer Americans expected to see improvements in growth or the labor market.
U.S. industrial production rose more than expected in February on a rebound in manufacturing, showing the economy continues to gain momentum in 2013.
With the Dow Jones reaching an all-time high and the S&P 500 not far behind, markets have shrugged off the disappointment of the sequester. But Alastair Newton, senior political analyst at Nomura says that far bigger hurdles lie ahead that could potentially give the U.S. another "brush with default".
European leaders meeting in Brussels on Thursday hinted that some countries could be given more time to meet their deficit goals as they address high unemployment and seek to ease the pain of tough austerity measures.
As divisions over major reductions in federal budget deficits solidify, President Obama and members of Congress have begun weighing limited steps that might be brokered in a bipartisan deal.