The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.» Read More
The U.S. became a financial markets' triple threat in the first quarter, with equities, government bond yields and the dollar all rising in tandem—something that rarely occurs for any sustained period.
It's no April Fool's Day joke. Drivers are indeed paying less to fill up their gas tanks than they did a few weeks ago, a month ago, a year ago.
It's official: Stockton, Calif., will become the nation's most populous city to enter into bankruptcy protection after getting clearance from a federal judge on Monday.
The U.S. Federal Reserve could begin cutting back on its massive bond-buying program this summer if the economy continues to pick up steam, a top Fed official said on Wednesday.
The chatter in the market may be bullish but there is a real danger that something could go wrong—something no one is talking about now but will be once they get hit by some unexpected development.
What's bad news for corn investors could be good news for battered consumers if trends hold up.
Fed Governor Daniel Tarullo told CNBC that whether banks should be split is up to Congress, which should also talk about limits on short-term bank liability.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to a new industry report released.
Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.
"Squawk Box" enlisted some Wall Street heavyweights to help answer that question as stocks by any measure begin the second quarter at all-time highs.
Big business and big labor have settled on a framework for an immigration overhaul. Now, the lawmakers need to resolve the nitty-gritty—and keep their parties' political flanks mollified.
U.S. consumer spending rose in February and income rebounded, further signs economic activity accelerated in the first quarter, even though part of the increase in consumption reflected higher gasoline prices.
To gauge the strength of the recovery in the "workshop of the world," there are three key thresholds investors should monitor, says one economist.
New orders for U.S. factory goods rose sharply in February but a gauge of planned business spending slipped, suggesting factory activity continued to expand at a moderate pace.
Major automakers posted strong monthly U.S. car sales last month, helped by growing confidence in the recovery and demand for pickup trucks and sport utility vehicles.
Major U.S. business and labor groups have reached an agreement on a guest-worker program that removes a major hurdle to a broad immigration overhaul and clears the way for Senate legislation to be introduced soon, according to a source.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
Sentiment among Japanese manufacturers improved for the first time in three quarters, according to the Bank of Japan's key economic indicator, the Tankan survey.
The pace of business activity in the U.S. Midwest slowed in March as the new order rate pulled back, a new report showed.