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
Applications for U.S. home mortgages rose last week as interest rates slipped, an industry group said on Wednesday.
Expecting another Puerto Rico to happen? Don't. Its pile of debt is roughly 10 times the average level, per capita, than for troubled states.
A new report suggests that America's national parks have an economic impact that extends beyond their boundaries.
President Obama proposed new tax credits and job-training programs in a 2015 budget that highlights stark differences with Republicans.
Ben Bernanke said the Fed could have done more to fight the financial crisis and that he struggled to find the right way to communicate with markets.
U.S. manufacturing growth rebounded off an eight-month low in February, helped by a recovery in new orders.
U.S. consumer spending rose strongly in January, with income gains keeping pace during the month.
U.S. manufacturing activity accelerated in February, rising more than expected to its highest since May 2010, an industry report showed on Monday.
A top Fed official said concern that loose monetary policy was fueling financial instability was not a pressing issue.
Americans and their elected officials continue to resist cuts to almost any specific program, big or small.
U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy.
"Wealth redistribution" policies in D.C. are hampering the economy, real estate mogul Sam Zell told CNBC. He also advocated that the U.S. refocus on growth.
If the slowdown in the U.S. economy turns out to be more than just weather, St. Louis Fed's Bullard is still unlikely to revise his positive forecast.
The U.S. slashed its estimate for fourth-quarter growth as consumer spending and exports were less robust than initially thought.
The pace of business activity in the U.S. Midwest rose in February, snapping a three month run of slower growth, a report showed.
U.S. consumer sentiment rose marginally in February even as concerns about the extreme weather persisted.
Amid harsh weather that battered much of the US, signed contracts to buy existing homes held steady last month, according to the National Association of Realtors.
Rome could be about to follow in footsteps of bankrupt Detroit, after its government scrapped a measure to help its budget deficit.
Federal Reserve Chair Janet Yellen said Thursday that harsh winter weather may have had an impact on recent economic data and reiterated her stance that accomodative monetary policy should remain appropriate for some time.
The number of U.S. jobless claims rose last week, but the underlying trend suggested no shift in labor market conditions.
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