Rescuers desperately search for survivors in the rubble of flattened communities a day after a 2-mile-wide tornado carved a path of destruction in Oklahoma.
The Federal Reserve's eventual hand-off from assisted economic growth to "genuine growth" will be key to the future direction of the stock market, Mohamed El-Erian, Pimco CEO and co-CIO, told CNBC.
Confidence among small businesses rose in February as owners shrugged off a tightening in fiscal policy and raised plans to increase capital spending and restock their warehouses.
The budget-balancing plan from Congressman Paul Ryan is a "total uncompromising" blueprint, Rep. Chris Van Hollen, ranking member on the panel, told CNBC.
Loose monetary policy by central banks around the world has made us sick, according to Societe Generale's former strategist Dylan Grice, who says that cheap money has caused divisions in society and in some cases could even add to the risk of war.
The political risks to the euro zone and its currency have receded and if the area stays on the "right track," the region's crisis could be largely over by the end of the year, Holger Schmieding, chief economist at Berenberg Bank, told CNBC.
The GOP point person on fiscal issues said a compromise with President Obama is possible, even though their budget plan faces certain rejection from Democrats.
An explosion of new regulations and "unprecedented" uncertainty in DC will keep the US from achieving its "full growth potential," GE CEO Jeff Immelt said.
The bulls keep running on Wall Street, and a big part of the reason is because of investor confidence in the growing economic strength of American households, the New York Times reports.
After years of grabbing the spotlight in U.S.-China economic relations, U.S. concerns over the value of Beijing's currency appear to be fading, giving ground to newer issues like cyber-security.
Builders are clearly acting on the big jump in new home orders, but those jobs numbers could actually be higher, were they not hamstrung by a severe lack of workers.