Sales of new U.S. single-family homes rose to a six-year high in September, increasing 0.2 percent, according to the Commerce Department on Friday.» Read More
The IMF has downgraded its global growth forecast, citing a weaker-than-expected first quarter, and a "less optimistic" outlook for emerging markets.
If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.
New U.S. unemployment claims tumbled to the lowest level in nearly 9 years, suggesting the labor market recovery was gaining traction.
New U.S. single-family homes sales fell sharply in June, suggesting the housing market would struggle to regain momentum.
President Obama will call for an end to a corporate loophole that allows companies to avoid federal taxes by shifting their tax domiciles overseas.
Obama's support of anti-inversion legislation only aims to put a patch on a larger problem—the need for corporate tax reform, CEOs tell CNBC.
China's factory activity expanded at its fastest in 18 months in July as new orders surged while the euro zone's private sector also perked up.
Mortgage rates didn't move at all last week, but more borrowers made applications to refinance their home loans.
U.S. labor costs rose more than 5-1/2 years in the second quarter, a sign that a long-awaited acceleration in wage growth was imminent.
U.S. consumer prices rose in June as the cost of gasoline surged, pointing to a gradual build up of inflationary pressures.
Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in Puerto Rican bonds.
U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump.
It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.
A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.
Action is needed to plug a loophole that allows corporations to avoid taxes by shifting their tax domiciles overseas, the U.S. Senate Finance Committee chief said.
U.S. consumer sentiment dipped in early July while an index of consumer expectations weakened for a third straight month.
The U.S. economy is "stronger than people think," Wells Fargo Chairman and CEO John Stumpf told CNBC on Thursday.
The Conference Board's LEI was up 0.3 percent in June, just missing analyst estimates of 0.5 percent growth.
Factory activity in the U.S. mid-Atlantic region accelerated in July at its fastest pace in more than three years.
States may be on the hook for $55 billion to pay for hepatitis C treatments like Sovaldi, a new study says.
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