The U.S. economy is ready to recover but there's a roadblock, says research director Dan Steinbock.» Read More
Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.
Major U.S. business and labor groups have reached an agreement on a guest-worker program that removes a major hurdle to a broad immigration overhaul and clears the way for Senate legislation to be introduced soon, according to a source.
U.S. consumer spending rose in February and income rebounded, further signs economic activity accelerated in the first quarter, even though part of the increase in consumption reflected higher gasoline prices.
Will the second quarter have automakers smiling? Will the housing recovery rev up? Here's a look at what to expect from some key sectors.
Sure, it took nearly 66 months, but the Standard & Poor's 500 is finally back to where it peaked in 2007. The next milestone will be its all-time intraday high of 1,576.09, set on October 11, 2007.
The renowned investor is urging investors and bank account holders to "run for the hills" after the bailout in Cyprus.
The stock market is likely to see its typical, seasonal pullback in the second quarter, but unlike previous years, more bullish strategists expect a significantly higher end-of-year finale.
Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 357,000, while GDP growth was light and even worse than expected.
The pace of business activity in the U.S. Midwest slowed in March as the new order rate pulled back, a new report showed.
As fears grow that the Cyprus crisis could spread to other parts of the euro zone, renowned investor Mark Mobius says that a default is the only way to solve the single-currency bloc's problems.
Orders are slowing down at the FoxConn factory in Shenzen, China, which could mean trouble for the tech industry.
A wave of gloom from Europe sent buyers fleeing for Treasurys on Wednesday, reversing momentum that was driving US stocks toward a record high.
The U.S. housing market will see no surge at the start of spring, as fewer buyers signed contracts to purchase existing homes in February.
Europe's financial crisis is costing lives, with suicides and infectious diseases on the rise, yet politicians are not addressing the problem, health experts say.
Bulls are likely to take another swing at the S&P 500 closing high this week, but the real battle will begin after that.
State and local governments may be making serious cuts but their tax revenue grew for a 13th straight quarter, Census data showed.
Despite a raging, record-high stock market, more Americans believe a home is a better long-term investment than stocks, according to CNBC All-America Economic Survey.
As the gap between the wealthy and rest of America becomes a hot-button issue in Washington, the Fed's ability to improve the situation may soon move into the spotlight.
US consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
Sales of new US single-family homes fell more than expected in February, but steady gains in home prices suggested the housing market recovery remains intact.