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.» Read More
The number of Americans seeking unemployment aid rose sharply last week but remained at a level consistent with moderate hiring, while income surged much higher than expected and spending inched higher as well.
The current scandal surrounding Spanish Prime Minister Mariano Rajoy will not disappear any time soon and investors should expect ongoing volatility, according to the European research team at one of the world's largest banks.
U.S. home prices are suddenly soaring again and raising some serious red flags.
U.S. factory orders increased in December even though companies trimmed their orders for goods that signal investment plans. The Commerce Department said factory orders rose 1.8 percent compared to November, when orders had fallen 0.3 percent.
Consumers have been spending more on gasoline than they have in nearly three decades.
It's time for the Fed to do less to prop up the recovery and jobs creation, argues this academic.
President Barack Obama said on Sunday more tax revenue would be needed to reduce the U.S. deficit and signaled he would push hard to get rid of loopholes such as the "carried interest" tax break enjoyed by private equity and hedge fund managers.
A rough couple of months in the U.S. bond market has lifted interest rates off record lows and now could impede a slow economic recovery heavily dependent on cheap money to keep going.
Risks to Spain's economy and financial sector remain elevated as it undergoes a difficult process of fiscal and external adjustment, the IMF reported Monday.
U.S. consumer sentiment unexpectedly improved in January as Americans felt Washington's deal to avert the "fiscal cliff" at the beginning of the year boded well for the economy, a new survey showed.
Payrolls rose 157,000 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Fed's monetary policy.
Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?
It's bad, but as this economist explains, it would have been a lot worse if thousands of Americans had not just given up.
A new study found that Americans support increases in payroll taxes and taxing higher incomes for Social Security, but want minimum benefits and cost-of-living adjustments to be increased too.
Deutsche Bank's Joe Lavorgnia anticipates broad "collateral financial damage" once interest rates eventually edge higher. And Art Hogan of Lazard Capital Markets sees the Fed trimming back on quantitative easing in 2013. Both appeared on CNBC's "Squawk on the Street" on Friday.
The pullback in activity in China's key manufacturing sector highlights the fragility of the recovery in the world's second largest economy, experts told CNBC, following the release of the official manufacturing PMI.
Relying on the wealthiest taxpayers can turn into budget turmoil when the market slides, according to analysts.
The end of the Bush era tax cut on dividends pushed companies to send shareholders more cash before the New Year.
The pace of business activity in the U.S. Midwest picked up from a more than three-year low the month before as new orders jumped, a report showed on Thursday.
Latest GDP figures should neither be cause for alarm nor cause for celebration says this pro.