A survey finds 20% of Americans laid off the past five years are still unemployed, reports USA Today.» Read More
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
Bond investors can rest easy as there are few signs of debt markets overheating, according to a report by Moody's Investors Service.
A week after the Federal Reserve endorsed a plan to keep buying bonds to spur economic growth, members are airing differences over their super-easy policy.
A rising population of working seniors will bring stronger economic growth if companies can retool to accommodate an older workforce, the Fiscal Times reports.
Massachusetts has had Romneycare since 2006. And, while it's different in some ways from Obamacare, it offers insight into what's ahead for US health care.
Unmanageable student loan debt, the consumer watchdog unit say, may be harmful to recovering markets and may be dragging down borrowers' lives.
U.S. wholesale inventories rose in March, fueled by increased stocks of cars and machinery which have provided support for economic growth early in the year, but wholesale sales posted the biggest fall in four years.
A number of top U.S. retailers reported disappointing April sales as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.
Patent expirations on big-name drugs has resulted in modestly less spending on medicines in the U.S. for the first time in at least 55 years, a report showed Thursday.
New claims for unemployment benefits dropped to the lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity.
Graduating from high school is becoming an ever more elaborate process. Expect to spend over $1,000 to attend the prom—and that's just the start.
Five years after the mortgage meltdown sparked a wave of foreclosures, millions of Americans are still fighting to save their homes. That is hurting a broader housing recovery.
Investors have been dipping into growth-oriented cyclicals, and if the trend continues, it could add more momentum to the stock market rally.
The Bank of England left its benchmark rate unchanged at 0.5 percent, a record low, on Thursday. Policymakers also kept the size of the asset purchase program unchanged at 375 billion pounds ($584 billion).
China's annual consumer inflation rose by more than expected in April while factory prices fell for a 14th consecutive month, highlighting the dilemma facing the central bank.
The amount of oil produced in the U.S., now at a 21 year high, is nearly even with the amount being imported.
Japan will be consumed by a debt crisis surpassing the U.S. subprime crash, telling investors that "the beginning of the end has begun" for Japan's finances. The Financial Times reports.
Massive liquidity, an ongoing search for yield, modestly higher corporate earnings, heavy stock buybacks, and the Fed's bond-buying program is fueling stocks to new highs. This is constricting supply.
Politicians in Washington are holding back the US economy and job growth can't reach its full potential until Congress gets its act together, said Richard Fisher, president of the Dallas Fed.
Now that the Dow has cracked 15,000, the argument for "sell in May" may be getting weaker. "It's not based on anything but seasonality and phrases," says one trader.
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