If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.» Read More
US home resales rose in July to their highest level in over 3 years, suggesting an increase in borrowing costs is having only a limited impact on the market recovery.
U.S. businesses are hiring at a robust rate. The only problem: Three out of four of the nearly 1 million hires this year are part-time and many of the jobs are low-paid.
Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum.
Washington state already has the nation's highest minimum wage at $9.19 an hour. Now, there's a push in Seattle, at least, to make it $15.
US consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from last month's six-year high, a survey released on Friday showed.
U.S. housing starts and permits for future home construction rose less than expected in July, while nonfarm productivity rose in the second quarter more than expected.
Factory activity in the U.S. mid-Atlantic region weakened in August as new orders fell and the pace of hiring slowed, a survey showed on Thursday.
Output at U.S. factories declined slightly in July, reflecting a drop in auto production.
New claims for unemployment benefits fell to a near six-year low last week, while U.S. consumer prices remained largely benign in July.
St. Louis Federal Reserve President James Bullard said Wednesday that the low US inflation rate is a worrisome sign for the country's economy.
U.S. producer prices pointed to very little inflationary pressure in the economy, which could add to worries at the U.S. Federal Reserve that inflation is running too low.
US economic performance remains too mixed for Federal Reserve policymakers to lay out a detailed path for exiting the stimulus plan, a top Fed official said on Tuesday.
Investors looking for major clues about the future of monetary policy probably will have to look past this month's Federal Reserve summit at Jackson Hole, Wyo.
Inventories at US businesses were flat in June and firms outside the auto sector cut back on restocking, which might weigh against estimates for economic growth in the second quarter.
Despite improving fundamentals in the U.S., equities markets may slow, but Europe presents a good place to find relative value in the near-term, strategists tell CNBC.
A gauge of U.S. consumer spending rose in July at its fastest pace in seven months, while a separate report showed that U.S. import prices rose less than expected.
US wholesale inventories unexpectedly fell for a second straight month in June, which could prompt economists to mark down their second-quarter growth estimates.
Who will be the next Fed chief? You won't believe it but Ashton Kutcher's name came up. What's even more surprising, is who said it—Dallas Fed chief Richard Fisher!
A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.
Global food prices could decline further in coming months, the United Nations' food agency said on Thursday, pointing to prospects of abundant grain supplies.
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