The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
Democrats need to see good data—rather than explaining away bad data—to get political lift, Politico's Ben White says.
The drop in participation in the federal food stamp program is widespread; some 47 states have seen cuts in their rolls.
A gauge of U.S. consumer sentiment fell in May as a gloomy view on income growth clouded an otherwise positive economic outlook.
The pace of business activity in the U.S. Midwest rose more than expected in May, rising to its best level since October 2013, a report showed on Friday.
Europe's struggle to recover from the financial crisis has been well documented, but some of its countries could be about to get a boost.
Kansas City Federal Reserve Bank President Esther George said she is open to leaving the balance sheet big even as it withdraws accommodation.
Consumer spending fell for the first time in a year in April, amid signs inflation is stirring.
Economists are forecasting Q2 growth will spring back, rising solidly above 3 percent, after the first quarter's surprising 1 percent decline.
The U.S. economy contracted in the first quarter for the first time in three years amid a severe winter, data showed.
Signed contracts to buy existing homes increased just 0.4 percent in April, according to a monthly report.
The Federal Reserve is on track to raise rates later next year, Atlanta Federal Reserve Bank President Dennis Lockhart said.
Portions of New York City are experiencing significant job growth—particularly in manufacturing.
Wiping out the abandoned and decrepit buildings could cost Detroit nearly $1 billion, and more over time.
Mortgage applications fell last week, despite lower rates and expectations of stronger home sales in May.
U.S. consumers were more optimistic in May than in April, the Conference Board said Tuesday.
Orders for long-lasting U.S. manufactured goods unexpectedly rose in April, but a measure of capital spending dropped.
The U.S. services sector expanded in May at its fastest rate since March 2012 as employment creation accelerated, an industry report showed on Tuesday.
U.S. single-family home prices rose in March, a key survey said on Tuesday, as the housing market extended its fragile recovery.
Despite optimism surrounding the U.S. recovery, one asset management firm has signaled that this could mean a gloomy future for the rest of the world.
Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.