Friday's jobs report contained unambiguous good news, but a debt limit battle in Washington looms.» Read More
Real estate and banking grew but a strong level of hiring was still hard to find amid "modest to moderate" economic growth, according to the Fed's latest economic observations.
Activity in the US services sector picked up slightly in May, though growth was lackluster. A separate report showed that new orders for US factory goods rose in April.
The FHA may have tried to hide the magnitude of potential losses in an future economic emergency, lawmakers say.
U.S. labor-related costs fell in the first quarter by the most in four years, but nonfarm productivity rose modestly.
The 1967 "summer of love" may have initiated a major political and cultural shift, but 2013 looks set to produce a sizeable change in investors' blood pressure.
The Fed can't fear that the market will be unhappy if it doesn't get more "monetary cocaine," the Dallas Fed president said.
Bulls cheered as stocks defied the "sell in May and go away" pattern, and traders say investors may not have to worry about a "June swoon" either.
Slowing the pace of bond-buying would help wean financial markets off their dependence on ultraeasy money, one of its senior officials said.
The days of turning bad news into good news could be winding down if pressure grows on the Fed to begin unwinding its monetary easing policies while the economy weakens.
The market is likely to head higher in the near term, but new highs can't be trusted, contrarian investor Marc Faber tells CNBC.
Bond guru Bill Gross has taken straight aim at the Fed and Chairman Ben Bernanke, charging that ultra-loose monetary policies are holding back the recovery.
Economic growth isn't coming fast enough to the justify the artificially high asset prices created by the Fed's massive bond-buying program, Pimco's Mohamed El-Erian tells CNBC.
Home prices continue to rise well beyond expectations, taking their biggest jump in April since February of 2006, when housing was booming.
Mortgage rates have jumped to their highest in a year, and house values are rising. Those who have waited to buy or refinance may find the time is right.
The trade deficit widened less than expected in April as the lowest petroleum bill in nearly 2-1/2 years tempered the rise in imports.
Three years after it was signed into law—and with only about 20 percent of its rules in place—critics and even supporters of Dodd-Frank say it's flawed and convoluted.
Joe Petrowski, Gulf Oil CEO, provides an outlook on oil & gas, as gasoline prices trend higher while oil remains steady in the low $90's.
Punitive tax regimes, increased labor market regulation and a growing lack of trust in governments are causing many Europeans to enter into the murky, illicit world of shadow economies.
Higher interest rates are likely to keep Wall Street on edge, while Japanese markets are likely to keep the whole world on edge.
Stocks will continue to rise for the next two years until the wealth gap between Wall Street and Main Street gets too high, economist Nouriel Roubini told CNBC.