The pace of U.S. manufacturing growth held at its slowest in almost two years in April. Additionally, construction spending fell in March.» Read More
A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013.
Business inventories rose modestly in November as sales rose solidly, backing views restocking will not support economic growth in the fourth quarter.
Retail sales rose more than expected in December while wholesale prices remained low, suggesting inflation is in check.
Failure to raise the debt ceiling within a "timely" manner would see the United States' sovereign ratings put under formal review with "highly uncertain" consequences, rating agency Fitch warned U.S. policymakers Tuesday.
American credit card holders in their late 20s and early 30s have more debt than older consumers, repay it more slowly and risk dying in debt if they don't curb their spending habits.
Gloomy economic diktats and predicting the financial crisis have earned economist Nouriel Roubini the title Dr. Doom, but in his latest interview the economics professor said the United States had little to fear, despite ongoing fiscal negotiations and the looming debt ceiling.
The number of U.S. families struggling with poverty despite parents being employed continued to grow in 2011 as more people returned to work but mostly at lower-paying service jobs.
The sting from higher taxes in your first 2013 paycheck is also going to sting the economy this year, particularly in the first quarter.
There will be a four-year struggle to rein in President Barack Obama's crazy spending, tax advocate Grover Norquist told CNBC's "Squawk on the Street" on Monday.
Obama lists lots of things will have to be cut if the debt ceiling isn't lifted. But payments on government bonds aren't one of them.
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?
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