The number of Americans filing new claims for unemployment benefits plunged, adding to bullish signals on the labor market.» Read More
The head of the World Trade Organization has told CNBC it will downgrade global trade growth estimates for both 2013 and 2014.
Following a disappointing jobs report, Goldman Sachs Chief Economist Jan Hatzius said this new information will make the Fed's tapering more dovish than originally expected.
August's employment report is not expected to deter the Fed from taking the first step toward slowing its bond purchases in September, but it won't be as slow as many expected.
Job growth was less than expected in August as the U.S. economy added 169,000 positions, raising questions over whether the Federal Reserve will begin a pullback on its historically easy monetary policy.
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It's time to make Google, Apple, and other companies pay more taxes. That's the message from President Obama and leaders of the world's economies at a summit ending Friday.
Americans have been willing to make the big investment and spend a day, or a week, having some fun at Walt Disney World and Universal Studios.
The whipping boys of emerging markets – Indonesia and India – have their fair share of problems, but analysts say Southeast Asia's biggest economy could be in a more precarious position.
However contentious the debt ceiling talks might be, we can be virtually assured there will be no sequestration sequel.
The pace of growth in the services sector accelerated to its fastest pace in almost eight years. A separate report showed that new orders for US factory goods dropped in July.
The private sector added 176,000 jobs in August while weekly jobless claims continued their decline, indicative of slow but steady gains.
Labor costs were flat in the second quarter, a sign of minimal inflationary pressures in the U.S. economy.
Coase, who died at the age of 102 on Labor Day, was one of the most influential economic thinkers of the past 100 years. So what can we learn about the financial crisis from him?
The U.S. trade deficit widened slightly more than expected in July as exports dipped, but a rebound in imports pointed to some firming in underlying demand.
Applications for U.S. home loans rose for the first time in four weeks as mortgage rates fell from their highest level this year, data from an industry group showed on Wednesday.
The manufacturing sector grew last month at its fastest pace in more than two years, an industry report showed on Tuesday. A separate reading showed construction spending rose.
Goldman Sachs has raised its GDP forecast for China to 7.6 percent from 7.4 percent for 2013, even as it slashed the growth targets for India and other Southeast Asia nations.
As U.S. factory jobs continue to vanish, many historically industrial areas are fading from blue-collar to white-collar towns, or in some cases, no collar at all.
The spike in part-time jobs is expected in an economy recovering from a deep recession, according to a new report. But what's unexpected is the age group that is taking those jobs.
As millions of Americans celebrate Labor Day by taking a day off from work, millions more have no job at all or have just stopped looking.
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