Excess cash plus easy access to credit is driving up land values across the Midwest, stoking fears that a farmland bubble is building that may soon burst. USA Today reports.
It was going to be a disaster! It would crush the recovery! In fact, nearly half of Americans didn't even notice they had less money in their paychecks.
The Federal Reserve must remain very accommodative because the labor market remains "far from healthy" despite some recent overall economic improvement, New York Fed President William Dudley said.
After reaching fever pitch during the cash-strapped economic downturn, coupon usage appears to be waning, but not for lack of consumer interest, according to a new report.
Too much of the recent growth in employment has been concentrated in low-wage and temporary jobs, leaving the recovery on shaky ground, a top Federal Reserve official said Friday.
The housing comeback is showing signs of accelerating more rapidly than most anybody had thought at this point, David Stevens, president and CEO of Mortgage Bankers Association, told CNBC.
The number of suburban residents living in poverty rose nearly 64 percent between 2000 and 2011, more than double the growth for urban poverty. NBC News reports.
They are the investment everyone suddenly hates to love, but those bonds that were supposed to collapse this year continue to attract billions in investor money.
With US economic optimism rising and the Fed money spigot wide open, turmoil in Cyprus didn't spark a major correction in stocks. Could lackluster earnings do the trick?
The number of Americans filing new claims for jobless benefits edged higher last week, but a longer-term reading dropped to its lowest in five years and pointed to ongoing healing in the labor market.
The House passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
With increasing fervor, investors are asking what is the central bank's exit strategy for getting rid of all the government debt it has bought in an effort to stimulate risk assets and boost the economy.