The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
U.S. labor costs rose more than 5-1/2 years in the second quarter, a sign that a long-awaited acceleration in wage growth was imminent.
U.S. consumer prices rose in June as the cost of gasoline surged, pointing to a gradual build up of inflationary pressures.
Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in Puerto Rican bonds.
U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump.
It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.
A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.
Action is needed to plug a loophole that allows corporations to avoid taxes by shifting their tax domiciles overseas, the U.S. Senate Finance Committee chief said.
U.S. consumer sentiment dipped in early July while an index of consumer expectations weakened for a third straight month.
The U.S. economy is "stronger than people think," Wells Fargo Chairman and CEO John Stumpf told CNBC on Thursday.
The Conference Board's LEI was up 0.3 percent in June, just missing analyst estimates of 0.5 percent growth.
Factory activity in the U.S. mid-Atlantic region accelerated in July at its fastest pace in more than three years.
States may be on the hook for $55 billion to pay for hepatitis C treatments like Sovaldi, a new study says.
CareerCast.com released its annual most endangered jobs report, and many jobs listed will take hits as industries flock to digital.
U.S. jobless claims fell unexpectedly last week, but housing starts plunged sharply and stoked new fears about the recovery.
The U.S. House of Representatives passed a $10.9 billion extension of U.S. transportation funding through May 2015, to avert cutbacks in August.
The Federal Reserve's policy-setting panel is 'likely' to start raising rates in early 2015, if not sooner, a top Fed official said on Wednesday.
Stan Druckenmiller believes the Federal Reserve is putting the economy at risk by continue its aggressive market intervention.
Businesses often cite a skills gap for not filling jobs. But a new survey says it's the long hiring process itself that keeps many jobs open.
U.S. producer prices rose more than expected in June with gains across most categories, indicating some inflation.
U.S. industrial production rose modestly in June, its fourth gain in five months.