The number of Americans filing new claims for unemployment benefits rose to the highest level since September, while durable goods unexpectedly rose.» Read More
U.S. consumer spending posted its largest increase in five months in November.
Richmond Fed President Jeffrey Lacker also tells CNBC the looming departure of Ben Bernanke had "nothing at all" to do with the taper decision.
Jeffrey Lacker, Richmond Federal Reserve president, shares his thoughts on Fed policy and the economic outlook for 2014. Bernanke's leaving had nothing to do with the Fed's taper decision, says Lacker.
It was a busy year on the political and economic front in the U.S. Here's a look at the highlights.
Stocks are more likely to be nice in the final days of the year, as investors watch for more signs that the recent economic momentum is for real.
The U.S. economy grew at its fastest pace in almost two years in the third quarter.
The U.S. Senate reset a test vote on Janet Yellen as chair of the Federal Reserve for Friday, with an anticipated vote scheduled for Jan. 6.
The Obama administration says the government may not be able to pay its bills as soon as February if lawmakers do not raise the federal debt ceiling.
The Federal Reserve's move to slow its stimulus will ripple through the economy. But exactly how it will affect you depends on who you are.
The CNBC Global CFO Council gives their 2014 predictions on the big factors that could affect business next year.
The Conference Board's Leading Economic Index marched higher in November, suggesting the recovery continues to gain steam.
The number of Americans filing new claims for unemployment benefits rose to the highest level in nearly nine months.
There's a disconnect between modest economic growth and the roaring stock market, Blackstone Group Chairman and CEO Steve Schwarzman tells CNBC.
US home resales fell sharply in November to their lowest level in nearly a year, hurt by a rise in interest rates and ongoing price increases.
The economy is ending the year strong and the budget deal will help ease the drag on the economy, top Obama economic advisor Jason Furman tells CNBC.
Pimco's Mohamed El-Erian offers four key takeaways from the Fed meeting that may shed light on what's ahead.
The U.S. economy is being held back by the uncertainty of consumers, International Paper Chairman and CEO John Faraci tells CNBC.
U.S. housing starts surged to their highest in nearly six years in November, a sign of strength in the market.
Mortgage applications fell to their lowest level in more than 12 years in the past week, according to a weekly report.
The growing gap between the richest Americans and everyone else isn't bad just for individuals. It's hurting the U.S. economy.
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