The Federal Reserve should wait until the first half of 2016 before raising interest rates, a top U.S. central banker said on Wednesday, or risk undermining the very recovery it has helped engineer.» Read More
Here are two things the Fed may do in response to weakness in the housing market, says Ron Insana.
U.S. wholesale inventories rose more than expected in March, suggesting less of a drag on Q1 growth than initially thought.
Yellen said a minimum wage increase would likely have some negative effects on jobs, though it's not clear how large.
The number of Americans filing new jobless claims fell more than expected last week, indicating the labor market was strengthening.
The European Central Bank may consider new policy measures at its June meeting in light of updated economic forecasts, President Mario Draghi said.
The economy is on track for solid growth, Federal Reserve Chair Janet Yellen said, but warned weak housing markets may alter that scenario.
U.S. nonfarm productivity fell at its fastest pace in a year in the first quarter as severe weather took its toll, sending labor costs on a tear.
The U.S. trade deficit narrowed in March as exports rebounded, but the improvement may not help first-quarter growth.
China about to top the US as world's leading economic power? Sorry, not true, says Harvard Professor Jeffrey Frankel. Here's why.
Complacency by policymakers is one of the biggest risks to the world's economy, the head of the OECD told CNBC, as the organization cut its global growth forecast for 2014.
As the federal government is trying to provide enough oversight on its credit card program, it's struggling to do so and it is starting to cost money.
The Obama administration released a new report showing how climate change touches every part of the country. Flooding alone may cost $325 billion by 2100, it says.
Pay no attention to the lower jobless rate. The most important number in the latest jobs report did not change. The New York Times reports.
Growth in the U.S. services sector accelerated in April, rising at the fastest pace in eight months as new orders jumped.
Growth in the U.S. services sector slowed slightly in April, and the pace of employment slackened to its slowest in more than a year.
Investors need not worry about naysayers' myriad structural flaws of American economy.
Use our interactive chart to view how gas prices have trended in your state over the past year and how taxes affect what you pay at the pump
April's big 288,000 jump in new jobs was good news for the economy, but the report sent mixed signals.
Job creation accelerated in April as the U.S. economy added 288,000 new positions, while the unemployment rate plummeted to 6.3 percent amid a sharp drop in the workforce.
The U.S. Labor Department said Friday that the unemployment rate hit 6.3 percent in April—but does that rate tell the real story?