After a long, dismal stretch last winter that sent it in reverse, the U.S. economy bounced back sharply in 2014.» Read More
Janet Yellen robustly defended the Fed's bold steps to spur economic growth, calling efforts to boost hiring an "imperative" at a hearing into her nomination.
Americans filing new claims for unemployment benefits fell by less than expected, just as the September trade gap widened unexpectedly.
The question of whether the city bargained in good faith with unions is key to a judge's decision on whether Detroit is eligible to restructure its finances under bankruptcy law.
Janet Yellen's GOP critics want the dovish Fed vice chair to give them a sign that extraordinary monetary measures won't go on forever, said a former Fed economist.
The Treasury Department said the deficit in October was 24 percent lower than the $120 billion imbalance recorded in October 2012.
Janet Yellen, Obama's nominee for Federal Reserve chair, will testify before Congress on Thursday.
A scaling back of the Federal Reserve's stimulus program can be expected in the next couple of months, Morgan Stanley CEO James Gorman said.
Record-high art prices paint a picture of inflation that can't be seen in the government data. Here's why that's so troubling.
The Fed prepared us for tapering, then decided not to follow through. So where does Janet Yellen draw the line?, asks economist Bob Brusca.
Applications for U.S. home loans slipped in the latest week, although a drop in the previous week was revised to a smaller fall than previously reported, data from an industry group showed on Wednesday.
Yellen’s testimony will likely affirm five points; they are worth remembering when markets fret again about the Fed, said Pimco's Mohamed El-Erian.
The U.S. is leading the way in a global recovery and there should be little question about its ability to fulfill debt obligations, Treasury Secretary Jack Lew told CNBC.
The President is nominating top Treasury Department official Timothy Massad as head of CFTC, the agency that regulates the futures and options market.
President Obama's well-intended policies to resuscitate the economy are making the inequality gap a lot worse, said economist and professor Peter Morici.
One way or the other, rates are going to increase — probably between now and the end of November, said Thomas H. Kee, Jr.
U.S. small-business optimism fell in October, as merchants scaled back on hiring plans amid a partial government shutdown.
Ex-BoE policy team member warns that Germany - currently at the the center of international criticism - is causing problems around the globe.
Spillover effects after Chicago's downgrade are expected to remain minimal, but muni bond investors may be feeling nervous that there are other shoes to drop.
The Fed's monetary stimulus program cannot continue forever, Richard Fisher, President of the Federal Reserve Bank of Dallas said on Tuesday.
A new NBC News poll pits former Secretary of State Hillary Clinton against New Jersey Gov. Chris Christie in a potential 2016 presidential matchup.
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