The number of Americans filing new claims for unemployment benefits plunged, adding to bullish signals on the labor market.» Read More
This is the real reason the US is losing leverage with Russia—and the world, says former US Congressman Robert Dold.
Community bank earnings have rebounded since the financial crisis, and that's a good sign for the economy, the Fed chair says.
The Fed's decision had been widely expected, even with the weak economic growth data from earlier Wednesday.
The U.S. economy barely grew in the first quarter as exports tumbled and businesses accumulated stocks at the slowest pace in nearly a year, but activity already appears to be bouncing back.
The GDP report that economic growth virtually stalled in the first quarter could set the Fed up to sound more dovish later Wednesday.
The Obama administration is focused on finding ways to curb tax-motivated reincorporations to other countries by U.S. businesses.
The pace of business activity in the U.S. Midwest rose more than expected in April, jumping to its highest since October 2013, a report showed on Wednesday.
A closely-watched employment indicator reported on Wednesday that the economy created 220,000 private sector jobs in April.
China is set to overtake the U.S. as the world's number one economy, while India has jumped into third place ahead of Japan, according to a new study.
U.S. economic growth likely braked sharply in the first quarter due partly to disruptive winter, but activity already appears to be bouncing back.
The Fed's move to end its asset purchasing program will cause a "collapse in asset prices and a severe recession," according to Michael Pento.
With first-time buyers priced out of homes and facing tougher credit standards, homeownership had nowhere to go but down.
"This is something going really wrong, really fast," said Stephen Schwarzman, chairman and CEO of $272 billion Blackstone Group.
A gender difference in behavioral skills, seen as early as kindergarten, is hurting boys’ academic prospects and their earning potential, NYT reports.
U.S. consumer confidence dipped in April as consumers were discouraged by business and labor market conditions, according to a report.
U.S. single-family home prices rose in February and beat expectations, a closely watched survey said on Tuesday.
Lower-wage industries accounted for 22 percent of job losses during the recession, but added back 44 percent of jobs since.
The April CNBC Fed Survey shows respondents looking for a 1 percent Fed Funds rate on average to end 2015, up from 0.83 percent in March.
Democrats hope this week's Senate showdown over raising the federal minimum wage reaps them benefits in November's congressional elections.
Pending home sales from the National Association of Realtors rose 3.4 percent in March but is still down 7.9 percent from March of 2013.
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