GO
Loading...

Economy

More

  • Too early to lay out stimulus exit: Fed's Lockhart Tuesday, 13 Aug 2013 | 12:46 PM ET
    Dennis Lockhart, president of the Federal Reserve Bank of Atlanta.

    US economic performance remains too mixed for Federal Reserve policymakers to lay out a detailed path for exiting the stimulus plan, a top Fed official said on Tuesday.

  • Looking for Fed clues? Forget about Jackson Hole Tuesday, 13 Aug 2013 | 10:59 AM ET
    Ben Bernanke, chairman of the Federal Reserve.

    Investors looking for major clues about the future of monetary policy probably will have to look past this month's Federal Reserve summit at Jackson Hole, Wyo.

  • Business inventories flat, could weigh on Q2 GDP Tuesday, 13 Aug 2013 | 10:21 AM ET

    Inventories at US businesses were flat in June and firms outside the auto sector cut back on restocking, which might weigh against estimates for economic growth in the second quarter.

  • 'Less bad' Europe will outperform US: Bob Doll Tuesday, 13 Aug 2013 | 9:35 AM ET
    Bob Doll, chief equity strategist, Nuveen Asset Management.

    Despite improving fundamentals in the U.S., equities markets may slow, but Europe presents a good place to find relative value in the near-term, strategists tell CNBC.

  • Consumers spend briskly; inflation stays dormant Tuesday, 13 Aug 2013 | 8:37 AM ET

    A gauge of U.S. consumer spending rose in July at its fastest pace in seven months, while a separate report showed that U.S. import prices rose less than expected.

  • GDP growth a question mark as US data disappoint Friday, 9 Aug 2013 | 10:00 AM ET
    Boxes move down a conveyor line at a Supervalu Inc. distribution center in Hopkins, Minnesota.

    US wholesale inventories unexpectedly fell for a second straight month in June, which could prompt economists to mark down their second-quarter growth estimates.

  • Ashton Kutcher...for Fed chief?! Thursday, 8 Aug 2013 | 7:03 PM ET

    Who will be the next Fed chief? You won't believe it but Ashton Kutcher's name came up. What's even more surprising, is who said it—Dallas Fed chief Richard Fisher!

  • Retailers forced to discount to lure shoppers Thursday, 8 Aug 2013 | 9:45 AM ET

    A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.

  • Food prices could keep falling as crops boom Thursday, 8 Aug 2013 | 8:58 AM ET

    Global food prices could decline further in coming months, the United Nations' food agency said on Thursday, pointing to prospects of abundant grain supplies.

  • US claims rise, but hope abounds for labor market Thursday, 8 Aug 2013 | 8:36 AM ET
    Signage for employment with the City of Chicago is visible beyond job seeker at a job fair in Chicago, Illinois.

    The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession.

  • Americans are spending more...but not with plastic Thursday, 8 Aug 2013 | 7:49 AM ET
    A Ford Focus sits on display at a Manhattan car dealership that sells Ford vehicles in New York City.

    Americans borrowed more in June to buy cars and attend schools. But they were frugal again with their credit cards, as many remain wary of taking on high-interest debt.

  • No longer a luxury dish? Lobster prices plummet Wednesday, 7 Aug 2013 | 8:43 PM ET

    The lobster industry is being crippled by a glut of supply that many attribute to climate change, sending the price per pound plummeting and making the crustacean affordable.

  • US consumer credit up $13.8 billion in June Wednesday, 7 Aug 2013 | 3:07 PM ET
    A shopper walks down 5th Avenue in New York City.

    US consumer credit rose less than expected in June - to $2.8 trillion - held back by the largest decline in credit card use in a year as households continue to pay down debts.

  • US job growth steady; federal hiring drops: Gallup Wednesday, 7 Aug 2013 | 8:34 AM ET
    A jobs sign is seen on the U.S. Chamber of Commerce Building in Washington.

    A monthly gauge of U.S. employment held steady in the latest week, underscoring little movement in overall hiring yet showing a "significant decline" in federal government jobs.

  • US mortgage apps rise, even as rates do, too Wednesday, 7 Aug 2013 | 7:06 AM ET

    Potential buyers crept back into the U.S. housing market last week as applications for mortgages edged up, even though rates resumed their ascent.

  • Wien: Government should spend more, taper less Tuesday, 6 Aug 2013 | 11:17 AM ET
    Byron Wien, vice chairman of Blackstone Advisory Partners

    There's no reason the Fed should taper asset purchases and instead the government needs to increase spending, said Byron Wien, vice chairman of Blackstone Advisory Partners.

  • Export surge drives US trade gap to 3.5-year low Tuesday, 6 Aug 2013 | 8:35 AM ET

    The U.S. trade deficit narrowed sharply in June to its lowest level in more than 3-1/2 years as imports reversed the prior month's spike.

  • Chicago pension crisis: 'Dark cloud' drawing near Tuesday, 6 Aug 2013 | 6:20 AM ET
    Chicago, Illinois

    Beneath the signs of recovery is one of the most poorly funded pension systems in the nation, threatening to challenge the city’s finances for years to come.

  • Why keeping up with the Joneses just got tougher Tuesday, 6 Aug 2013 | 6:00 AM ET
    A shopper in Shanghai

    Emerging middle class-consumers in countries such as India and China are pushing up prices for everything from food to diamonds.

  • Obama first to politicize Fed pick: Romney advisor Monday, 5 Aug 2013 | 10:11 AM ET
    Janet Yellen and Larry Summers

    President Obama is playing politics with his choice for Fed chair, but he'll get his nominee confirmed, said Glenn Hubbard, advisor to Romney's 2012 presidential campaign.

Contact Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More