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Business inventories rose modestly in November as sales rose solidly, backing views restocking will not support economic growth in the fourth quarter.
American credit card holders in their late 20s and early 30s have more debt than older consumers, repay it more slowly and risk dying in debt if they don't curb their spending habits.
The number of U.S. families struggling with poverty despite parents being employed continued to grow in 2011 as more people returned to work but mostly at lower-paying service jobs.
The U.S. economy is expected to grow by 2.5 percent in 2013, improving to 3.5 percent growth in 2014, top Fed official Charles Evans said on Monday.
Obama lists lots of things will have to be cut if the debt ceiling isn't lifted. But payments on government bonds aren't one of them.
There will be a four-year struggle to rein in President Barack Obama's crazy spending, tax advocate Grover Norquist told CNBC's "Squawk on the Street" on Monday.
A preview of new out-of-pocket costs and newfangled ways you'll be getting your medicine as employers get ready for Obamacare to start in earnest.
The Federal Reserve may be frustrating Americans' efforts to restore their personal wealth and may actually slow a broader rebound in U.S. consumption, a top official at the U.S. central bank says.
The International Longshoremen's Association and the U.S. Maritime Alliance (USMX)are racing to avert a Feb. 7th strike of 14,500 longshoremen members in 14 major East Coast ports, including hubs in New York and New Jersey.
The U.S. trade deficit unexpectedly grew in November, a drag on economic growth, although the gap's widening was driven by a surge in consumer goods imports, which gives a positive signal for consumer spending.
One of the worst flu seasons in a decade is putting further strains on an already sluggish U.S. economy as companies get slammed with increased health care costs and lower productivity from widespread worker absences.
Anyone counting on their tax refund to help pay for a vacation or take care of some leftover holiday bills could be in for a big disappointment this year thanks to the debt ceiling impasse.
Japan's $117 billion economic stimulus package is a positive start to revive a frail economy. But the government needs to follow this up with long term structural changes and the central bank has to chip in with some bold moves - otherwise disappointment is sure to follow, analysts say.
Germany's economic performance declined in the fourth quarter of the year as industry reduced its production in line with weak European demand, the country's Economy Ministry said on Friday.
British industrial output grew less than expected in November, despite a strong rebound in oil and gas production, adding to evidence that the economy may have contracted in the last three months of 2012.
With price pressures building at a faster-than-expected rate and exports staging a revival, is it time for Chinese policymakers to take away the stimulus punch bowl?
Monetary easing by the Federal Reserve may not have led to inflation in the U.S. yet but it continues to divide opinion. Euro Pacific Capital CEO Peter Schiff hit back at economist Paul Krugman on Thursday after the Nobel Laureate derided him in a New York Times column.
Weekly applications for U.S. unemployment benefits ticked up slightly last week, the latest sign of stability in the job market.
U.S. wholesale inventories rose more than expected as petroleum stocks rebounded, according to a government report on Thursday that also showed sales rose by the most in more than 1-1/2 years.
As federal regulators and banks argue over new lending standards, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright.