A new study shows real wages for manufacturing workers declined three times as much as for workers as a whole.» Read More
The federal judge overseeing Detroit's bankruptcy case said he expects to issue some rulings Wednesday in the city's closely followed insolvency.
Sales of new U.S. single-family homes vaulted to a five-year high in June, showing little signs of slowing in the face of higher mortgage rates.
China's weak manufacturing data may trigger fresh stimulus measures from the government as Beijing looks to defend its 7.5 percent annual growth target, say economists.
Economic activity in the euro zone expanded in July, purchasing managers index (PMI) readings showed on Wednesday, marking the first uptick for business activity since January this year.
The risk of a disorderly decline in U.S. crude futures is growing after a four-week rally sent prices to 16-month highs, defying an China's slowdown and shale supply boom.
The move means it will add a total of 3,000 white collar jobs this year, with most of them located at the Dearborn headquarters.
The price of U.S. crude may have caught up with North Sea Brent oil prices in the past week, but it now faces a sharp pull back of up to 35 percent, says one analyst.
Cybercrime's toll on the U.S. economy is difficult to predict but one new study puts the price tag at $100 billion and 508,000 lost jobs as a result.
Detroit's bankruptcy goes to court Wednesday, even as other lawsuits seek to block a plan to restructure the city's more than $18 billion in debt.
US home resales unexpectedly fell in June after two straight months of hefty increases, but a surge in prices to a five-year high suggested the housing market recovery remained on course.
President Obama will embark on a campaign-style tour this week, laying out his agenda for reinvigorating the nation’s economy. The New York Times reports.
Four years after the auto industry bottomed out with GM and Chrysler going bankrupt, those automakers and the industry as a whole is roaring again.
A poll of doctors finds huge skepticism that Obamacare insurance exchanges will open by fall deadline, and mostly don't know how new health law will affect practices.
France is in a worrying situation, the country's finance minister told CNBC, but growth will return in the second half of the year.
While the scrapping the floor on lending rates reflects the government's determination to push ahead with reforms, economists say the practical impact would be minimal.
Detroit must dig itself out of the hole it created and cannot wait to see if the federal government will come to its rescue, the city's emergency manager said on Sunday.
The secretary general of the Organisation for Economic Co-operation and Development (OECD) told CNBC he is all for the Federal Reserve's move to scale back its $85 billion per month bond buying program.
Detroit has become a pariah of the muni world, but analysts are holding out hope that the nation's largest government bankruptcy isn't contagious.
The Group of 20 nations, wary of renewed market volatility, is stressing the need to shift policy carefully and communicate clearly as countries try to chart a course to recovery.
Detroit's bankruptcy will be painful, but one of the city's largest landowners says the answer is to start over with a clean slate.