Economic growth slowed in the fourth quarter as weak business spending and a wider deficit offset the fastest pace of consumer spending since 2006.» Read More
Five years after the Great Recession, millions of unemployed Americans are gradually getting back to work. But their paychecks have barely budged.
Job creation moved forward again in November, with the U.S. economy adding a better-than-expected 203,000 to the employment rolls.
U.S. consumer sentiment surged in December as Americans' outlook on the economy and job prospects improved, a survey released on Friday showed.
Philadelphia Fed President Charles Plosser tells CNBC "it's probably time to gracefully exit" the central bank's quantitative easing bond purchases.
Investors avidly awaiting signs that the Federal Reserve is ready to reduce its monthly stimulus may find that the news already has passed them by.
Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers.
The estimate of third-quarter growth was revised to a 3.6-percent rate, but probably at the expense of economic activity during the current quarter.
Next year, we should see some heartier gains and an economy growing at 3 percent plus.
The U.S. economy grew faster than initially estimated in the third quarter, while jobless claims fell unexpectedly.
Factory orders dropped after rising in September, as economist surveys have shown strength in factory activity in recent months.
At many companies, part-time means "on-call" without a fixed number of hours. "It's an extremely abusive and unfair practice," says one labor expert.
The number of planned layoffs at U.S. firms dipped by less than 1 percent in November, with retail seeing the greatest number of job losses.
The average CEO makes a lot more today than they did a decade ago—but has the cashier at your local fast-food joint fared any better?
Private job creation surged in November, with ADP reporting 215,000 new jobs in a number that could put heat on the Fed to begin reducing stimulus.
In an interview with CNBC, Pimco's Bill Gross comments on his outlook for next year, Treasury yields and unemployment.
Markets tend to slide when a new Fed chair takes over. Coincidence ... or curse?
The U.S. trade deficit narrowed in October as exports hit a record high, pointing to a pick-up in global demand.
Fiscally distressed governments across the country may have gotten a troubling blueprint this week for getting out of their respective messes.
After a judge ruled that the city can proceed with its historic bankruptcy, the stage is set for an epic legal battle over who helps pick up the tab.
President Obama put a renewed focus on the income gap between rich and poor as he begins setting the agenda for the rest of his presidency.
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