Economists shaved growth expectations for the second quarter after the June durable goods report revealed weak shipments and dampened hopes for business spending.» Read More
The housing market continues to squeak out gains, with signed contracts to buy existing homes up in April, the National Association of Realtors reported.
A drop in government spending dragged more on the economy than initially thought, while more Americans than unexpected filed new claims for unemployment benefits.
Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.
With the Fed closer to reducing monetary stimulus, a rise in 10-year Treasury yields has made investors edgy. But it will take something more to kill equities' run-up, pros say.
The bull market in stocks has another five to six years left with the possibility of 8 to 10 percent annual growth, Larry Fink, chairman and CEO of BlackRock, told CNBC.
Instability in the U.S. bond market arising from a tapering of quantitative easing (QE) poses a major threat to the outlook for the global economy, OECD warned on Wednesday.
Wall Street came back from the long weekend with a rosier view about possible tapering by the Federal Reserve. Here's why.
Sequester cuts in medical research could end up widening the federal deficit, as slowing the pace of research might end up increasing health care costs.
US consumer confidence hit the highest level in more than five years, suggesting Americans were resilient in the face of belt-tightening in Washington.
This is the largest annual gain in six years, and prices in the nation's top ten and top twenty markets rose from a year ago. These are the highest annual returns since 2007.
Germany's insistence on keeping wage growth in check has given the country an unfair competitive advantage and is preventing troubled countries from returning to growth, a new study argues.
The stock market may have seen most of its gains for 2013, but there's still money to be made in the next three to five years, Roger Altman tells CNBC.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
Texas lawmakers sent Gov. Rick Perry more than $1 billion in proposed business tax cuts shortly before the end of the biennial legislative session.
Markets will be hyper-focused on the economy for any sign it is getting strong enough to encourage the Fed to start pulling back the security blanket of quantitative easing.
With the world's largest economy suddenly awash in oil and gas, might the U.S. dollar join the ranks of the dollars of Canada and Australia as a "commodity currency"?
While there are no real estimates of how many "accidental landlords" now inhabit the housing market, Realtors say they are one more cause of today's low inventory.
Orders for long-lasting U.S. manufactured goods rose more than expected, a sign of resilience despite belt-tightening in D.C. and weakness in overseas markets.
Whether by choice or through financial reality, the percentage of American households without a car has doubled over the past two decades—and is now approaching 1 in 10.
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