Consumers have been filling their pockets with the money they're saving while filling up at the gas pump, Moody's economist Mark Zandi said Tuesday.» Read More
Fed Governor Jerome Powell said Friday that he wanted to see signs the U.S. economy was tightening before interest rates could be raised.
The number of Americans filing new claims for unemployment benefits rose by more than expected last week.
U.S.-based employers announced plans to reduce payrolls by 52,961 in May, according to a report from Challenger, Gray & Christmas.
For the first time in six years, the share of people who either have a job or are looking for one is on the rise in a majority of U.S. states.
The Fed described the pace of growth as 'moderate' to 'modest,' with improving weather boosting business and consumer spending on the rise.
Whether the policies will spur business expansion isn't clear, but they could ease the financial burden for the states' most affluent.
Job creation in the private sector was disappointingly slow in May, with companies adding just 179,000 positions.
A new study of 30 years of wage data argues that government polices go a long way to explaining the expanding U.S. wealth gap.
Growth in the services sector accelerated in May, rising at the fastest pace in nine months as new orders and business activity jumped.
A CNBC survey of Wall Street pros finds that 65 percent of respondents expect the ECB to take at least one of three actions at its meeting Thursday.
If the Fed continues on its current pace, its monthly purchase of bonds will be down to $15 billion by the time it meets in October.
The U.S. trade deficit widened to its highest level in two years in April as imports hit a record high.
New orders for U.S. factory goods rose for a third straight month in April, pointing to strength in manufacturing and the broader economy.
The Seattle City Council on Monday unanimously approved a $15 hourly minimum wage — the highest in the nation.
GM, Chrysler, and Nissan reported higher-than-expected U.S. new car sales in May, with demand continuing to gather strength as the weather warmed.
ISM's critical manufacturing index was corrected not once, but twice—significantly moving markets, and significantly annoying market participants.
ISM has corrected its May manufacturing index for a second time, the company told CNBC on Monday.
The Institute for Supply Management corrected its key manufacturing activity index for May after hours of confusion.
The pace of growth in the U.S. manufacturing sector unexpectedly slowed in May, an industry report released on Monday showed.
The U.S. manufacturing sector expanded in May at a faster clip than previously seen, an industry report showed on Monday.