U.S. services sector expansion eased for a third straight month in June, pressured by a slowdown in employment and output growth, a report showed.» Read More
U.S. 10-year bond rates will remain between 2.2 and 2.8 percent for the rest of the year, bond guru Jeffrey Gundlach said Tuesday.
The U.S. job market has steadily improved by pretty much every gauge except the one Americans probably care about most: Pay.
Former Pimco co-CEO Mohamed El-Erian tells CNBC he see some positives in Friday's weak jobs report—numbers other economists dismissed as not believable.
The August jobs report was much worse than expected, but three top economists tell CNBC it's not as bad as it seems.
Economists say August's stunningly weak jobs report could be just a temporary setback in a stronger trend.
The August jobs report released by the Labor Department on Friday runs contrary to economic indicators, says CNBC's Jim Cramer.
Job growth cooled in August, with nonfarm payrolls growing just 142,000 even as the unemployment rate fell.
The Fed will accelerate its search for a substitute to the Libor benchmark interest rate, Fed Governor Jerome Powell said.
U.S. interest rates are too high, a top Federal Reserve official said, citing subdued inflation and "unacceptably high" unemployment as evidence.
It's becoming clearer, the worst isn't over yet for Atlantic City, with the Trump Taj Mahal on the brink of bankruptcy.
The pace of growth in the U.S. services sector rose in August to its highest level since 2005.
Americans filing new unemployment claims rose a bit more than expected last week, as workers were less productive last quarter.
Private sector job creation slowed a touch in August, missing expectations though roughly maintaining the pace of expansion so far in 2014.
The U.S. trade deficit narrowed in July to its lowest point in six months as exports rose to a record high.
U.S. employers said they plan to cut about 40,000 positions, according to a survey by Challenger, Gray & Christmas.
The European Central Bank cuts its key interest rate to 0.05 percent and announced the launch of a bond-buying program.
Call it a Fortress USA mentality—the markets hit new highs while the news abroad ranges from economically dismal to militarily gruesome.
Federal and state efforts to increase the minimum wage are misguided and pose serious risks to the economy, billionaire Sam Zell tells CNBC.
Growth depends on the productive use of investment and "capitalistic animal spirits," but that is not taking place now, Pimco's Bill Gross said.
New orders for U.S. factory goods jumped in July on robust demand for transportation equipment.