U.S. housing starts rose less than expected in May; meanwhile, consumer prices rose in May and underlying price pressures showed signs of stabilizing after a long decline.» Read More
China's property sector is not headed for a U.S. style crash, said Fang Fang, chief executive officer for China investment banking at JPMorgan Chase.
The number of Americans filing new claims for unemployment benefits unexpectedly fell, while the trade deficit grew and productivity dropped, reports showed Thursday.
Stock-market bulls are finally getting some data to back up their bets that the U.S. economic recovery is picking up steam.
Many companies remain reluctant to hire, stringing job applicants along for weeks or months before they make a decision. The New York Times reports.
The Fed's report on the economy reveals that businesses across America say they are slowing hiring because of the Affordable Care Act. Maybe this thing really is a "jobs killer."
European Central Bank President Mario Draghi called on euro zone governments to implement structural reforms on Thursday, warning that the economy should stabilize later in 2013 but that downside risks to growth remained.
The Bank of Japan kept monetary policy unchanged and upgraded its assessment of the economy, as the central bank prepares to install a new governor and two new deputy governors tasked with doing more to end deflation.
Private companies added 198,000 jobs in February, well ahead of analyst estimates and indicating that the labor market is continuing to thaw, according to a report Wednesday.
Applications for home mortgages rebounded last week as interest rates tumbled, data from an industry group showed on Wednesday.
New orders for U.S. factory goods fell in January as demand for transportation equipment weakened, but the underlying strength in manufacturing remained intact.
The U.S. services sector grew in February and topped Wall Street's estimates, the ISM non-manufacturing index showed.
As a deadlock continues over automatic spending cuts, an analyst told CNBC the United States is living in a "fantasy world" and will need to implement trillions more in budget reductions.
House Speaker Boehner told CNBC's Larry Kudlow that a long-term deal on entitlements is possible, and there's no good reason for the Obama team to have shut down the White House tour.
About 3.6 million Americans were earning at or below the federal minimum wage of $7.25 an hour in 2012, and those weren't all high school students flipping burgers, about half of them were 25 or older. How do they do that? NBC reports.
In October 2007, the housing market was in the direct path of a massive foreclosure storm. Today, it is still picking up the pieces.
American car buyers, attracted by new models and cheap financing, are taking out bigger auto loans and stretching out the terms of those loans to a new record length.
Wholesale government spending cuts should not be the core of the U.S. deficit reduction program, according to a new survey of economists.
Many companies are borrowing money for projects using tax-exempt bonds called qualified private activity bonds, costing federal taxpayers hundreds of millions of dollars, the New York Times reports.
President Barack Obama raised the issue of cutting entitlements as a way out of damaging budget cuts, as both sides in Washington tried to limit a fiscal crisis that may soon hit America.
Outstanding student debt is beginning to impede the economy as a whole, a new report suggests, chiefly by robbing the housing market of its richest crop of new buyers: young college graduates.