The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
U.S. manufacturing growth slowed in January for the first time in three months, hobbled by new orders, an industry report showed on Thursday.
The U.S. economy is in a "rut" and has been in stagnation since 1972, a Nobel prize-winning economist told CNBC.
The number of Americans filing new claims for unemployment rose marginally, with the trend suggesting the labor market continued to improve.
Resales rose slightly after three monthly falls in a row, as record low mortgage interest rates and pent-up demand continue to sustain a recovery in the market.
These countries could be the world's next economic powerhouses, said the economist who coined the term BRIC.
Michigan Gov. Rick Snyder will support an aid package to protect the pensions of Detroit retirees, mediators say.
The Business Roundtable chairman told CNBC that the most important thing for business is to get the economy growing faster. The president should focus on a growth message.
U.S. factory output rose 0.3 percent in December, closing out a strong quarter in which industrial production advanced at its fastest clip in years.
U.S. consumer sentiment slipped in its first January measure, weighed by lowered expectations among lower- and middle-income families.
The number of new U.S. claims for unemployment benefits fell for a second week last week.
U.S. housing starts fell less than expected in December, pausing after recent strong gains.
Growth in factory activity in the US mid-Atlantic region gained momentum in January.
Home builder confidence dipped in January as rising construction costs and inaccurate appraisals hurt some home sales.
Despite plans to spur manufacturing through innovation institutes, out-of-work factory workers are still stuck on the sidelines.
Global growth is set to accelerate in 2014 as advanced economies turn a corner five years after the global financial crisis, said the World Bank.
U.S. producer prices recorded their largest jump in six months in December as gas costs rebounded strongly.
The shocking drop in December job creation to the worst level in three years raises questions about the direction of Fed policy.
A new monthly Fed survey shows consumers expect higher medical costs and easier credit availability in the next 12 months.
A top Federal Reserve official said he is "disinclined" to focus on December's jobs data alone as he considers the bond-purchase taper.
With protesters vowing to "shut down" Bangkok on January 13 in their bid to topple Prime Minister Yingluck, "Teflon Thailand" seems more like a taunt.