The number of new U.S. jobless claims fell to a new three month low, suggesting a strengthening labor market.» Read More
The effort by U.S. Treasury secretary Lew to persuade Europe to consider shifting its focus from budget balance to growth highlighted a deep trans-Atlantic policy gulf, the NYT reports.
After Portugal's rejection of the cost-cutting measures on which its bailout package depends, Invesco Perpetual's chief economist has added his voice to the anti-austerity camp, warning it could lead to "almost endless depression".
The Fed's message to markets Thursday should be more dovish than not, despite the mixed signals officials have been sending.
Claims that reform would boost the economy are challenged by those who say costs in job losses and spending on social programs would be too high a price.
U.S. wholesale inventories recorded their biggest decline in nearly 1-1/2 years in February as petroleum stocks tumbled and overall sales rose solidly, which could see first-quarter growth estimates shaved.
Small-business owners' confidence fell in March — halting three months of gains, with few entrepreneurs making hiring plans. You call this a recovery?
St. Louis Federal Reserve Bank President James Bullard told CNBC that he's be willing to reduce the central bank's massive bond-buying program in "small increments."
France's economy is at near-stall speed, trade and budget deficits widened last month and the country is embroiled in increasing political uncertainty.
One of Wall Street's biggest money managers has called on the Federal Reserve to rein in its program of quantitative easing, saying its bond-buying tactics are a "large and dull hammer" that have distorted markets. The Financial Times reports.
The economy may be showing signs of recovery, but American workers are about to snap. An overwhelming 83% say they're stressed out by at least one thing at work.
China's annual consumer inflation eased to 2.1 percent in March from February's 3.2 percent while producer price deflation deepened, leaving policymakers room to keep monetary conditions easy and nurture a nascent recovery.
U.S. markets, particularly the riskiest areas of investment, are likely to benefit at least near term from the latest entrant to the central bank money-printing arena: Japan.
Weak U.S. jobs data resulted in the worst trading week this year, and analysts warn it could get worse.
Job creation slowed to a crawl during March, with the U.S. economy creating just 88,000 positions though the unemployment rate fell to 7.6 percent.
The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
U.S. President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official said.
As it intensifies its push into groceries and perishable foods, Wal-Mart Stores is betting it can take on these labor-intensive categories by adding efficiency, not bodies.
As investors wait for the latest U.S. jobs data to assess the recovery in the world's largest economy, Dennis Gartman told CNBC the numbers don't matter.
Mirroring the broader economy, small-business owners' plans to hire are taking a "dive" as owners see little reason for new job creation. You call this a recovery?
The number of planned layoffs at U.S. firms fell in March but downsizing by retail companies still helped the first quarter rack up the largest amount of cuts in over a year.
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