Economic growth slowed in the fourth quarter as weak business spending and a wider deficit offset the fastest pace of consumer spending since 2006.» Read More
Russia's central bank has confirmed that some $64 billion in assets held by Russians headed for the exits in the first quarter.
Treasury Secretary Jack Lew told CNBC that the U.S. is leading the global economic recovery, despite still having "a lot of work to do."
The rate at which Americans are starting new businesses declined last year, suggesting more are finding jobs instead, according to Kauffman data.
U.S. wholesale inventories rose at a slower pace in February than in the prior month, data showed on Tuesday.
Detroit has reached a settlement with bond insurers over treatment of the city's bankruptcy debt, emergency manager Kevyn Orr told CNBC.
The volume of mortgage applications fell last week despite a steady average rate on the commonly used 30-year fixed mortgage.
The Fed is allowing the economy to waste rosources by letting inflation stay too low and unemployment too high, a top official says.
The company said Tuesday it will open 50 more wholesale stores in India over the next four to five years, adding to 20 it already operates.
In February, U.S. employers advertised more job openings than in previous months. It might be a good sign as more hiring are expected in the future.
The IMF predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of risks in emerging economies.
"We can be encouraged that the economy is at least crawling forward and not heading in reverse," NFIB's chief economist says.
A large chunk of American adults are no longer in the labor force, and economists are divided over how many are voluntarily not working.
March's jobs report was strong enough to show an improving hiring picture but soft enough to keep the Fed from moving quicker to reduce monetary stimulus.
Knowing the number of people who are unemployed is a key way to measure the state of the economy. So how is unemployment actually measured? CNBC explains.
The U.S. Labor Department said Friday that the unemployment rate hit 6.7% in March—but does that rate tell the real story?
The Fed must ensure its forward guidance is flexible enough to allow it to respond to changing conditions, a top Fed official said.
Job creation returned to form in March as companies shook off the winter blues and started hiring again.
Discounting this winter's frigid weather, strategist Lou Brien tells CNBC why he thinks Friday's jobs report will fall short of consensus estimates.
The economy created nearly 200,000 private-sector jobs last month, feeding hopes over a labor market thaw ahead of Friday's jobs data.
The ECB meets Thursday and here's the dilemma it faces,says Mohamed El-Erian.
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