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  • Judge greenlights this big California bankruptcy Thursday, 29 Aug 2013 | 8:56 AM ET
    A memorial to fallen police officers stands at the entrance to the City of San Bernardino Police Department on July 12, 2012 in San Bernardino, California.

    San Bernardino, Calif., is eligible for bankruptcy protection, a federal judge said on Wednesday, in a "tentative ruling" ahead of full court arguments later in the day.

  • Good news all around: US claims fall, growth rises Thursday, 29 Aug 2013 | 8:30 AM ET

    The number of Americans filing new claims for unemployment benefits fell as expected last week as the U.S. economy accelerated more quickly than expected in the second quarter.

  • Summers as Fed chief a 'black swan' event: Analysts Thursday, 29 Aug 2013 | 1:09 AM ET
    Lawrence H. Summers

    Speculation that Larry Summers is the favored candidate to take over Bernanke as Fed chief has resurfaced in recent weeks, prompting a strong backlash from some industry watchers.

  • Gloom and doom? Consumers are upbeat about economy Tuesday, 27 Aug 2013 | 10:01 AM ET

    Americans' confidence in the economy inched closer to a 5 1/2-year high on growing optimism that hiring and wages could pick up in coming months.

  • Jack Lew: Obama not negotiating over debt limit Tuesday, 27 Aug 2013 | 9:35 AM ET
    Treasury Secretary Jack Lew

    President Barack Obama will not negotiate over the debt ceiling and it's up to Congress to raise the limit, Treasury Secretary Jack Lew tells CNBC.

  • June home prices rise at slower pace: Case-Shiller Tuesday, 27 Aug 2013 | 9:10 AM ET

    U.S. single-family home prices rose in June though the pace of gains slowed slightly, a closely watched survey showed on Tuesday.

  • US Treasury to hit debt limit by mid-October Monday, 26 Aug 2013 | 3:31 PM ET
    U.S. Treasury Secretary Jack Lew

    Treasury Secretary pressed Congress to allow the government to borrow more money, saying that it could default on its obligations if lawmakers do not act by mid-October.

  • The 5% recovery: Why most are still in recession Monday, 26 Aug 2013 | 12:22 PM ET
    People looking for work stand in line to apply for a job during a job fair in Miami on May 2.

    For those in the top 5 percent, the recovery has been pretty good. As for the other 95 percent, maybe not so much.

  • Cashin: Bernanke's worrying parallel to the 1930s Monday, 26 Aug 2013 | 11:43 AM ET

    According to Art Cashin, the central bank's effect on the financial system has worrying parallels to the period leading up to the Great Depression.

  • Get ready for even lower gasoline prices Monday, 26 Aug 2013 | 9:17 AM ET

    The average price for a gallon of gasoline slipped again in the last two weeks, due to abundant supplies, according to the Lundberg survey released on Sunday.

  • July horror show: Durables plunge, darken outlook Monday, 26 Aug 2013 | 8:34 AM ET
    A customer shops for washers and dryers at Lowe's in Burbank, California.

    Orders for long-lasting U.S. manufactured goods recorded their biggest drop in nearly a year in July and a gauge of planned business spending on capital goods tumbled.

  • Parents face the student loan double whammy Monday, 26 Aug 2013 | 7:32 AM ET

    Parents increasingly are struggling to pay off student loans even as their children take on new debts to pay for schooling. The loans are becoming a multigenerational burden.

  • Here's what economists say is US' biggest worry Monday, 26 Aug 2013 | 6:46 AM ET

    America's greatest challenge has something to do with Washington, according to a survey of business economists. What could it be?

  • Home prices across the US defy gravity Monday, 26 Aug 2013 | 6:00 AM ET

    Rising interest rates aside, housing prices in most parts of the country appear to have plenty of room to move higher.

  • Central bankers see risks from reducing liquidity Saturday, 24 Aug 2013 | 6:27 PM ET

    Global financial stability is at risk as central banks draw back from ultra-easy policies, because emerging markets lack defenses to prevent potentially huge capital outflows.

  • Why tapering talk may be a ‘temporary sideshow’ Friday, 23 Aug 2013 | 10:20 AM ET
    Ben S. Bernanke, chairman of the U.S. Federal Reserve

    A toxic combination of depressed employment participation rates, weak real growth and the onset of Obamacare, will force the Federal Reserve to increase rather than decrease quantitative easing next year.

  • Fed's Lockhart, Bullard differ over Sept taper Friday, 23 Aug 2013 | 10:06 AM ET
    Dennis Lockhart, president of the Federal Reserve Bank of Atlanta and James Bullard, president of the Federal Reserve Bank of St. Louis.

    Two regional Fed presidents expressed different views Friday about whether September would be the right time to begin to scale back the central bank's massive bond purchases.

  • El-Erian: No 1990s-style emerging market collapse Friday, 23 Aug 2013 | 10:05 AM ET

    Emerging markets are in a better position than they were in the 1990s, even with the recent plunge in places like India and Indonesia, Pimco CEO Mohamed El-Erian said on Friday.

  • The hidden reason why the Fed will taper: Pro Friday, 23 Aug 2013 | 9:42 AM ET
    South American tapir

    The Fed is in a bind, according to this pro. And tapering is their way out.

  • Cost of Western blazes spreads like wildfire Thursday, 22 Aug 2013 | 11:05 AM ET
    A house is fully engulfed with flames in the midst of the Black Forest Fire northeast of Colorado Springs, Colo.

    With wildlands in 10 Western states burning over more than 750,000 acres, this is shaping up to be another costly fire season.

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