U.S. elections have long featured a familiar whipping post. Yet thanks to the energy boom, it's one that may not play a role in 2016.» Read More
President Obama is playing politics with his choice for Fed chair, but he'll get his nominee confirmed, said Glenn Hubbard, advisor to Romney's 2012 presidential campaign.
The pace of growth in the US services sector accelerated in July, picking up from a three-year low as new orders surged to their highest level in five months.
Bucking widespread expectations on Wall Street, the Fed won't begin to scale back its bond buying before year-end, said Jeffrey Saut, chief investment strategist at Raymond James.
U.S. consumer spending has remained largely flat for the last three months, Gallup reported on Monday, in contrast to other indicators suggesting otherwise.
The growing trend among Americans to choose urban living over the suburbs is causing many home builders and mall operators to change their business models, says Leigh Gallagher, "The End of Suburbs" author.
Job growth continued in July as the U.S. economy added another 162,000 jobs—enough to keep the recovery theme going but not a level likely to have a major effect on monetary policy.
U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations of the Federal Reserve curtailing its bond purchases later this year.
The Fed's tapering is "almost a given," but there won't be enough economic growth to justify the reduction, Pimco's Mohamed El-Erian tells CNBC.
The number of Americans filing new claims for unemployment benefits touched a 5-1/2 year low, suggesting a steadily improving labor market.
Planned layoffs at U.S. firms fell modestly in July, though the healthcare and defense sectors saw the biggest job cuts, a report on Thursday showed.
Traders are looking past ISM manufacturing data and weekly jobless claims, to the July nonfarm payrolls because it will be key in the Fed's decision making process.
The U.S. economy has the ability to grow at a rate of 3-4 percent if policy makers removed the obstructions, says former Fed governor Robert Heller.
The economy grew at a slow 1.4 percent in the first half of the year, but private sector jobs data for July holds out hope for a better second half.
The American stock market continues to rally leaving investors to ask how is that possible given $14 trillion of debt in the United States?
The economy is a lot bigger than we think, but no thanks to Kim Kardashian and reality TV. Experts have gone back to 1929 to recalculate the size of gross domestic product,
Before anyone gets too excited about job prospects for July, a data firm is reporting that payroll growth was much slower than expected.
The pace of business activity in the U.S. Midwest picked up modestly in July, although growth in new orders and employment both cooled, a report showed on Wednesday
U.S. economic growth unexpectedly accelerated in the second quarter, laying a firmer foundation and possibly bringing the Federal Reserve closer to cutting back its stimulus.
Private sector job creation surged in July as small businesses and services led the way, according to the latest report from ADP and Moody's Analytics.
Art Cashin of UBS said Tuesday that a little-noticed announcement Monday lends further credence to the belief that the Federal Reserve will begin tapering in September.