The Fed vice chairman said it was "misleading" to give so much importance to the first interest rate hike.» Read More
U.S. housing starts rebounded strongly in July, suggesting the housing recovery was back on track after stalling in the second half of last year.
The American tax code’s loopholes result in effective rates that make corporations more competitive than their competitors based overseas, not less.
The global shipping industry looks to be in good shape, according to the largest container shipping company in the world by revenue.
Flashes of illumination rather than fireworks are expected at the annual meeting of top central bankers and economists in Jackson Hole, Wyoming.
Labor markets remain weak and inflation will be subdued for years, leaving plenty of room to keep monetary policy loose, the Fed official said.
Many economists are writing off 2% growth as "secular stagnation." To quote JFK, "We can do bettah!," Larry Kudlow and Stephen Moore say.
Obama had some tough talk for CEOs in a recent Economist interview, but the head of Hardee's and Carl's Jr. says here's what the president still doesn't get.
Economists raised their forecasts for U.S. economic growth in the third quarter, but trimmed their estimates for 2014.
U.S. consumer sentiment fell to its lowest since November but a read of current economic conditions rose to its highest since July 2007.
U.S. industrial production edged higher in July, as production of auto parts and motor vehicles jumped.
U.S. producer prices rose marginally in July as a decline in the cost of energy goods offset higher food prices.
Manufacturing activity in New York State improved in August, albeit at a slower pace than expected.
New U.S. claims for unemployment benefits rose more than expected last week, as July import prices fell on lower petroleum costs.
The role of broker-dealers in short term lending may exacerbate strains in times of turmoil, Boston Fed's Eric Rosengren says.
The short-term U.S. wholesale funding market remains vulnerable to runs and other crisis-era risks, an influential Federal Reserve official said.
Business inventories rose in June, but modest gains at non-automobile retailers suggested second quarter growth could be revised lower.
The record gap between America's rich and poor is shaping an uneven housing recovery that threatens to hold back the broader economic revival. The FT reports.
U.S. retail sales were unexpectedly flat in July, pointing to some loss of momentum in the economy.
The U.S. and global recoveries have been "disappointing" says Federal Reserve vice chair Stanley Fischer.
A new survey from the National Federation of Independent Business found that "the small-business half of the economy is still not pulling its weight."
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