Rates are not driving home sales. That's what the correlation between rate moves and mortgage applications suggests; they are not traveling in tandem.» Read More
Job creation slowed to a crawl during March, with the U.S. economy creating just 88,000 positions though the unemployment rate fell to 7.6 percent.
The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
U.S. President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official said.
As it intensifies its push into groceries and perishable foods, Wal-Mart Stores is betting it can take on these labor-intensive categories by adding efficiency, not bodies.
As investors wait for the latest U.S. jobs data to assess the recovery in the world's largest economy, Dennis Gartman told CNBC the numbers don't matter.
Mirroring the broader economy, small-business owners' plans to hire are taking a "dive" as owners see little reason for new job creation. You call this a recovery?
The number of planned layoffs at U.S. firms fell in March but downsizing by retail companies still helped the first quarter rack up the largest amount of cuts in over a year.
The number of Americans filing new claims for unemployment benefits rose to its highest level in four months, suggesting the labor market recovery lost some steam.
Much like the uneven recovery, your chances of finding job depend a lot on where you live and what industry you're hoping to work for.
Atlanta Fed President Dennis Lockhart told CNBC more solid economic data coupled with a "substantial improvement" in jobs are needed before the central bank would consider tightening policy.
The Bank of Japan unveiled sweeping changes to its monetary policy, making clear that it will do all it can to achieve a 2 percent inflation target. But is that enough?
The U.S. Federal Reserve could begin cutting back on its massive bond-buying program this summer if the economy continues to pick up steam, a top Fed official said on Wednesday.
The chatter in the market may be bullish but there is a real danger that something could go wrong—something no one is talking about now but will be once they get hit by some unexpected development.
Growth in the vast US services sector slowed to the lowest level in seven months as new orders and employment measures dropped.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Great news for parents and teens alike — the summer-job outlook for teens looks a lot sunnier than last year. BRB, have 2 tell my BFF!
Private-sector job creation was considerably less than expected in March, indicating that the labor market's improvements could be stalling.
Fed Governor Daniel Tarullo told CNBC that whether banks should be split is up to Congress, which should also talk about limits on short-term bank liability.
Applications for U.S. home mortgages fell last week, as a decline in refinancing activity offset higher demand for purchase loans, an industry group said on Wednesday.
The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March. It could provide a rationale for an interest rate cut when central bankers meet on Thursday.
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