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 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.
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.
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.
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.
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.
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.
Germany's economic performance declined in the fourth quarter of the year as industry reduced its production in line with weak European demand, the country's Economy Ministry said on Friday.
Monetary easing by the Federal Reserve may not have led to inflation in the U.S. yet but it continues to divide opinion. Euro Pacific Capital CEO Peter Schiff hit back at economist Paul Krugman on Thursday after the Nobel Laureate derided him in a New York Times column.
Japan's $117 billion economic stimulus package is a positive start to revive a frail economy. But the government needs to follow this up with long term structural changes and the central bank has to chip in with some bold moves - otherwise disappointment is sure to follow, analysts say.
With price pressures building at a faster-than-expected rate and exports staging a revival, is it time for Chinese policymakers to take away the stimulus punch bowl?
Anyone counting on their tax refund to help pay for a vacation or take care of some leftover holiday bills could be in for a big disappointment this year thanks to the debt ceiling impasse.
As federal regulators and banks argue over new lending standards, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright.
U.S. wholesale inventories rose more than expected as petroleum stocks rebounded, according to a government report on Thursday that also showed sales rose by the most in more than 1-1/2 years.
Weekly applications for U.S. unemployment benefits ticked up slightly last week, the latest sign of stability in the job market.
The ECB said on Thursday that recent economic surveys and indicators had shown signs of stabilizing, suggesting an improved picture later in the year.
The United States could save $2 trillion in healthcare spending over the next decade, if the U.S. government used its influence in the public and private sectors, a study released on Thursday said.
One of the worst flu seasons in a decade is putting further strains on an already sluggish U.S. economy as companies get slammed with increased health care costs and lower productivity from widespread worker absences.
The Fed-watching game is now this: figuring out how long it will take for the unemployment rate to drop to 6.5 percent. It could be at least half a decade.
A growing number of economists predict the European Central Bank’s rate-setting committee will vote to cut interest rates again at Thursday’s meeting.
The U.S. could save more than $500 billion in Medicare and Medicaid spending over the next ten years, by more aggressively coordinating medical care for seniors and the poor, according to new research from health insurer UnitedHealth Group.