If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.» Read More
Traders are looking past ISM manufacturing data and weekly jobless claims, to the July nonfarm payrolls because it will be key in the Fed's decision making process.
The U.S. economy has the ability to grow at a rate of 3-4 percent if policy makers removed the obstructions, says former Fed governor Robert Heller.
The economy grew at a slow 1.4 percent in the first half of the year, but private sector jobs data for July holds out hope for a better second half.
The American stock market continues to rally leaving investors to ask how is that possible given $14 trillion of debt in the United States?
The economy is a lot bigger than we think, but no thanks to Kim Kardashian and reality TV. Experts have gone back to 1929 to recalculate the size of gross domestic product,
Before anyone gets too excited about job prospects for July, a data firm is reporting that payroll growth was much slower than expected.
The pace of business activity in the U.S. Midwest picked up modestly in July, although growth in new orders and employment both cooled, a report showed on Wednesday
U.S. economic growth unexpectedly accelerated in the second quarter, laying a firmer foundation and possibly bringing the Federal Reserve closer to cutting back its stimulus.
Private sector job creation surged in July as small businesses and services led the way, according to the latest report from ADP and Moody's Analytics.
Art Cashin of UBS said Tuesday that a little-noticed announcement Monday lends further credence to the belief that the Federal Reserve will begin tapering in September.
Participants in a guests survey say that a rise of 20 cents to 30 cents in gas prices won't deter them from taking a trip, the chief of Choice Hotels told CNBC.
Never mind the recent uptick in mortgage rates. Home prices are on a powerful roll. The latest monthly data shows home prices in May jumped 12.1 percent in the past year.
The latest YPO Global Pulse Index shows the highest level of confidence in sales growth among CEOs since April 2012. Can this increase in confidence lead to job growth?
The power of eminent domain has traditionally worked against homeowners, but now the city of Richmond, Calif., hopes to the legal tool to help people stay right where they are.
The economy is solid and "zombie inflation" is lurking outside, but hasn't started knocking on the door yet, a former economist at the Federal Reserve told CNBC on Tuesday.
US consumer confidence pulled back as consumers were less optimistic about the outlook for the economy and labor market, according to a private sector report released on Tuesday.
President Barack Obama will propose a "grand bargain for middle-class jobs" that would cut the U.S. corporate tax rate and use billions to fund projects aimed at creating jobs.
Even before Japan can stage a convincing rebound, fears are already building over a sharp slowdown, with one analyst warning of a possible recession next year.
Billionaire and entrepreneur John Paul DeJoria said that although President Obama means well, he likely doesn't have the business acumen to do what is best for the middle class.
Survey data point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
Get the best of CNBC in your inbox