Economists shaved growth expectations for the second quarter after the June durable goods report revealed weak shipments and dampened hopes for business spending.» Read More
Realtors have blamed particularly rough winter weather in much of the country for the slowdown in sales, down 10.5 percent from a year ago.
The Connecticut Senate approved raising the minimum wage to $10.10 an hour by 2017, the same rate the president wants for the federal minimum wage.
Cleveland Fed President Sandra Pianalto says she expects progress will be slow in achieving economic goals.
More than 80 percent view the economy as just fair or poor, almost unchanged from the fourth-quarter, according to the CNBC All-America Economic Survey.
The CNBC All-America Economic Survey finds sharply differing views among the political parties about the reasons for wealth and poverty.
The CNBC All-America Survey finds that 56 percent of Americans would view it as acceptable if a business sold marijuana in their city.
Orders for U.S. durable goods rebounded strongly in February, a fresh sign the economy was shaking off some of its winter gloom.
U.S. private sector economic activity growth accelerated in March at a faster clip than in February as the services sector picked up.
The U.S. unemployment rate will fall below 6 percent by the end of this year, a Federal Reserve official said on Wednesday.
Albert Edwards, SocGen's uber-bearish strategist, has once again taken aim at economists bullish on the U.S. economy, highlighting a contraction in corporate profits.
The Fed "tried to say very explicitly" that "the expectations have not changed," Philly Fed President Charles Plosser tells CNBC.
U.S. single-family home prices rose in January, shrugging off the effects of a frigid winter.
New U.S. single-family home sales plunged to a five-month low in February, even as consumers grew more confident in March.
Minneapolis Fed Bank President Narayana Kocherlakota has no plans to make a habit of saying "no," people familiar with his thinking say.
Large numbers of long-term unemployed mean big problems lie ahead for the U.S., former White House adviser Alan Krueger tells CNBC.
Business economists expect the pace of U.S. economic growth to speed up later this year and next year, forcing the Fed's hand, one survey found.
The numbers fell short of expectations but still beat January's PMI, suggesting the effects of a harsh winter have started to fade.
Only about 1 in 10 of the long-term unemployed—those out of work for six months or more—get hired every year, says a new study.
The Fed should have promised to keep rates near zero until U.S. unemployment falls below 5.5 percent, said the lone dissenter to the Fed's policy decision this week.
Fitch Ratings on Friday affirmed U.S.credit ratings at 'AAA' with a stable outlook, taking the country off negative ratings watch.
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