U.S. business investment spending plans fell for a seventh straight month, suggesting the economy could struggle to rebound from a soft patch.» Read More
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.
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.
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.
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.
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.
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?
Latest GDP figures should neither be cause for alarm nor cause for celebration says this pro.
The end of the Bush era tax cut on dividends pushed companies to send shareholders more cash before the New Year.
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.
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.
Relying on the wealthiest taxpayers can turn into budget turmoil when the market slides, according to analysts.
Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.
This academic says weak conditions abroad and flagging U.S. competitiveness caused exports to contract and businesses anticipating a further slowdown slashed inventories.
After the economy posted an unexpected drop in fourth quarter GDP, CNBC's Jim Cramer called it a "shocker" but also a "one-off number."
The cast of voting members on the Fed's policy committee is changing, but Ben Bernanke will likely retain a solid majority for his drive to keep interest rates low well into the future despite critics who worry about the risks.
The private sector created 192,000 new jobs in January, better than expectations and reflective of the slowly improving trend in the labor market.
The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.