The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen.» Read More
Signs the Fed could pull back on its easy money policies sent the dollar higher and interest rates rose to a two-year high, jarring stocks and other risk markets around the globe.
Gold settled down more than 6 percent Thursday as investors fled after the Federal Reserve gave a signal that it plans to end the era of easy money.
The Fed's talk of tapering asset purchases won't kill the rally in equities, two top market economists tell CNBC. They said stock prices are likely to rise into 2014.
Factory activity in the US mid-Atlantic region rebounded in June to its highest level in more than two years as new orders accelerated, a survey showed on Thursday.
Home resales rose in May to the highest level in 3-1/2 years and prices jumped, a sign the housing sector recovery is gathering steam and could boost the economy significantly.
The number of Americans filing new claims for jobless benefits, while a separate report showed U.S. manufacturing activity growth unexpectedly slowed.
Wells Fargo chief CEO John Stumpf tells CNBC that interest rates need to return to levels that existed before the Federal Reserve started its accommodative monetary policy.
When we launched Top States for Business in 2007, North Dakota was nowhere on the list. Now it's growth and employment numbers are the envy of the nation.
Markets sold off sharply in Asia on Thursday, after the U.S. Fed suggested it could start to unwind its monetary stimulus program later this year.
The Fed will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close.
Life may be like a box of chocolates, but how about the stock market? Why Hershey could be calling the market's next move.
Here are the top contenders to lead the Fed once Ben Bernanke steps aside.
Although the SEC's decision to not allow defendants to neither admit nor deny wrongdoing is a good one, it must refocus on individuals, not companies, said a former SEC chairman.
Small business owners are already curtailing hiring because of concerns over the cost of Obamacare, a recent survey found.
CNBC's Rick Santelli had some tough talk for the Fed and Bernanke. He also challenged WSJ Reporter Jon Hilsenrath.
The Fed will probably put off tapering its bond-buying "for a little bit" but has to start scaling back next year, two top economists tell CNBC.
Interest rates on U.S. home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, an industry group said on Wednesday.
Nomura bear Bob Janjuah believes he knows the reason why the Fed will begin pulling back its easing program, and it's not about anything directly related to the economy.
Yields on 10-year Treasurys have lurched 50 basis points upwards since May, and some economists now forecast yields could reach 3 percent by year-end.
Federal Reserve policymakers will likely announce they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program.
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