Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said he believes a case can be made for an increase in rates relatively soon.» Read More
The Senate vote to confirm Janet Yellen as Federal Reserve chair reveals concerns about a fragile economy, former Rep. Ron Paul says.
The Fed will likely phase out its massive bond-buying stimulus this year if the U.S. economic recovery strengthens as expected, a top Fed official said.
The U.S. trade deficit was the smallest in four years in November, as exports hit a record high and weak oil prices restrained imports.
The push to increase the minimum wage reinforces an "unhealthy" message, asserts venture capitalist Kevin O'Leary, known as "Mr. Wonderful" on the reality show "Shark Tank."
The recent string of positive economic news could turn into a headache for Janet Yellen as she prepares to take the reins at the Federal Reserve.
With bad weather preventing senators from traveling to Washington, a showdown vote on the unemployment bill was postponed until Tuesday.
But some of the steps taken by regulators have resulted in progress against the threat, said the former Minneapolis Fed president.
The pace of growth in the US services sector slowed for a second straight month in December with business activity expanding at a lower rate.
Main Street is thawing after the recession, while the stock market has soared. A look at 2014 for small businesses.
Here's what's lawmakers are expected to focus on as they return to Capitol Hill.
It wasn't easy but Bernanke has succeeded in establishing something of immediate value for Yellen as she takes the reins of the Fed, says Pimco's El-Erian.
University of Chicago economist John Cochrane was interviewed by the Richmond Fed's Econ Focus. What he said might surprise you.
Outgoing chief White House economic advisor Gene Sperling also said Obama's call for a "grand bargain" on jobs should get another look.
The U.S. economy beginning to see traction, says James Poterba, president of the National Bureau of Economic Research.
As the recovery in prices has helped lenders whittle down a glut of seized homes, they've begun moving more properties to auction.
Advanced economies are likely to require financial repression, debt restructuring, inflation and capital controls, economists Reinhart and Rogoff have warned.
Economist Nouriel Roubini, renowned for his foretelling of doom and gloom in financial markets, has turned bullish in his 2014 outlook.
Sales of Manhattan apartments hit a fourth-quarter record, with wealthy buyers competing to get a foot in the door as prices soar. The FT reports.
Many traditional retailers are having to work a lot harder to persuade Americans to open their pocketbooks.
China is set to return to the heyday of double-digit growth in 2014 driven by a revival in global demand, according to an investment strategist.