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
Excess cash plus easy access to credit is driving up land values across the Midwest, stoking fears that a farmland bubble is building that may soon burst. USA Today reports.
It was going to be a disaster! It would crush the recovery! In fact, nearly half of Americans didn't even notice they had less money in their paychecks.
The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.
A new survey finds Boomers' fears about finances have abated, with nearly a quarter of them feeling more secure than they did 12 months ago.
Research by Wells Capital suggests that any sudden rise in bond yields after a Federal Reserve exit will benefit stocks.
After reaching fever pitch during the cash-strapped economic downturn, coupon usage appears to be waning, but not for lack of consumer interest, according to a new report.
Too much of the recent growth in employment has been concentrated in low-wage and temporary jobs, leaving the recovery on shaky ground, a top Federal Reserve official said Friday.
The housing comeback is showing signs of accelerating more rapidly than most anybody had thought at this point, David Stevens, president and CEO of Mortgage Bankers Association, told CNBC.
The number of suburban residents living in poverty rose nearly 64 percent between 2000 and 2011, more than double the growth for urban poverty. NBC News reports.
They are the investment everyone suddenly hates to love, but those bonds that were supposed to collapse this year continue to attract billions in investor money.
The Federal Reserve sent a record $88.4 billion in profits to the U.S. Treasury last year, audited results showed on Friday.
More Americans are debt-free than in 2000, but those with debt owe nearly 40 percent more, the Census Bureau says. USA Today reports.
With US economic optimism rising and the Fed money spigot wide open, turmoil in Cyprus didn't spark a major correction in stocks. Could lackluster earnings do the trick?
For the first time in over six months, the supply of homes for sale is beginning to rise.
The number of Americans filing new claims for jobless benefits edged higher last week, but a longer-term reading dropped to its lowest in five years and pointed to ongoing healing in the labor market.
The House passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
With increasing fervor, investors are asking what is the central bank's exit strategy for getting rid of all the government debt it has bought in an effort to stimulate risk assets and boost the economy.
For the third straight month, sentiment among US home builders declined, dropping two points on a monthly industry index.
As the Federal Reserve (Fed) starts a two-day committee meeting on Tuesday with investors watching for further signals that it may start winding down its quantitative easing program, Anthony Scaramucci, managing partner at investment firm Skybridge Capital, told CNBC that monetary easing will continue for the next two years.
The GOP will endorse immigration reform on Monday and outline plans for a $10 million outreach to minority groups in an effort to make the party more "welcoming and inclusive" for voters who overwhelmingly supported Democrats in 2012.