GO
Loading...

Economy

More

  • Federal Reserve Should Do Less, Not More: Morici Monday, 4 Feb 2013 | 11:48 AM ET

    It's time for the Fed to do less to prop up the recovery and jobs creation, argues this academic.

  • Consumers have been spending more on gasoline than they have in nearly three decades.

  • Factory Orders Rise 1.8 Percent but Miss Forecasts Monday, 4 Feb 2013 | 10:00 AM ET
    An employee welds mounting brackets to an aluminum pontoon during the fabrication process at the Nautic Global Group production facility in Elkhart, Indiana, U.S.

    U.S. factory orders increased in December even though companies trimmed their orders for goods that signal investment plans. The Commerce Department said factory orders rose 1.8 percent compared to November, when orders had fallen 0.3 percent.

  • Risks to Spain's economy and financial sector remain elevated as it undergoes a difficult process of fiscal and external adjustment, the IMF reported Monday.

  • Rising Bond Yields Stoke Concerns Over Impact Sunday, 3 Feb 2013 | 10:58 PM ET

    A rough couple of months in the U.S. bond market has lifted interest rates off record lows and now could impede a slow economic recovery heavily dependent on cheap money to keep going.

  • Obama Seeks Closed Loopholes, 'Smart' Reductions Sunday, 3 Feb 2013 | 5:33 PM ET
    President Barack Obama addresses immigration reform on Jan. 29. 2013 in Las Vegas, Nevada.

    President Barack Obama said on Sunday more tax revenue would be needed to reduce the U.S. deficit and signaled he would push hard to get rid of loopholes such as the "carried interest" tax break enjoyed by private equity and hedge fund managers.

  • It's bad, but as this economist explains, it would have been a lot worse if thousands of Americans had not just given up.

  • Deutsche Bank's Joe Lavorgnia anticipates broad "collateral financial damage" once interest rates eventually edge higher. And Art Hogan of Lazard Capital Markets sees the Fed trimming back on quantitative easing in 2013. Both appeared on CNBC's "Squawk on the Street" on Friday.

  • Consumer Sentiment Gains on Fiscal Deal Optimism Friday, 1 Feb 2013 | 9:55 AM ET

    U.S. consumer sentiment unexpectedly improved in January as Americans felt Washington's deal to avert the "fiscal cliff" at the beginning of the year boded well for the economy, a new survey showed.

  • US Economy Adds 157,000 Jobs; Rate Up to 7.9% Friday, 1 Feb 2013 | 9:47 AM ET
    Sinan Sulaiman speaks to a resume professional at a National Career Fairs job fair in Arlington, Virginia, U.S.

    Payrolls rose 157,000 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Fed's monetary policy.

  • A new study found that Americans support increases in payroll taxes and taxing higher incomes for Social Security, but want minimum benefits and cost-of-living adjustments to be increased too.

  • China's Shaky Start to the Year of the Snake Friday, 1 Feb 2013 | 1:11 AM ET

    The pullback in activity in China's key manufacturing sector highlights the fragility of the recovery in the world's second largest economy, experts told CNBC, following the release of the official manufacturing PMI.

  • The Five Highest Tax States for the Highest Earners Thursday, 31 Jan 2013 | 4:13 PM ET
    New Jersey Gov. Chris Christie struggles to balance his budget despite taxing his wealthiest citizens at one of the highest rates in the nation

    Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?

  • Farr: Are We Headed for Another Recession? Thursday, 31 Jan 2013 | 1:15 PM ET

    Latest GDP figures should neither be cause for alarm nor cause for celebration says this pro.

  • How Rising Taxes Drove Incomes Higher in December Thursday, 31 Jan 2013 | 11:03 AM ET

    The end of the Bush era tax cut on dividends pushed companies to send shareholders more cash before the New Year.

  • Jobless Claims Go Higher; Income, Spending Both Up Thursday, 31 Jan 2013 | 9:55 AM ET
    An applicant stands after meeting potential employers at a job fair in New York.

    The number of Americans seeking unemployment aid rose sharply last week but remained at a level consistent with moderate hiring, while income surged much higher than expected and spending inched higher as well.

  • US Midwest Business Index Picks Up From 3-Year Low Thursday, 31 Jan 2013 | 9:45 AM ET

    The pace of business activity in the U.S. Midwest picked up from a more than three-year low the month before as new orders jumped, a report showed on Thursday.

  • 'Rich Tax' Puts California on Risky Path: Expert Wednesday, 30 Jan 2013 | 12:19 PM ET
    Jerry Brown, Governor of California

    Relying on the wealthiest taxpayers can turn into budget turmoil when the market slides, according to analysts.

  • Why This Is 'Best-Looking' GDP Drop You'll Ever See Wednesday, 30 Jan 2013 | 10:07 AM ET

    Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.

  • GDP Contracts, Jobs Outlook Sours: Morici Wednesday, 30 Jan 2013 | 9:56 AM ET
    Auto parts production workers work on a production lines making both metal and plastic bumpers.

    This academic says weak conditions abroad and flagging U.S. competitiveness caused exports to contract and businesses anticipating a further slowdown slashed inventories.

Contact Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More