The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
The Obama administration's dramatic delay of the new health care law's effect on larger businesses could save jobs in the short-term, but is unlikely to lead to a big hiring boom.
Private companies hired 188,000 new workers in June, considerably better than expectations, indicating the job market continues to heal slowly.
Rates are moving so fast and so dramatically that even recent reports seem outdated, which has a direct effect on consumers shopping for mortgages.
The pace of growth in the U.S. services sector slowed in June to its weakest level in over three years as new orders nearly stalled.
A jump in job cuts in the computer and education sectors drove an increase in layoffs at U.S. firms in June, a report on Wednesday showed.
U.S. car companies are reveling in their strongest monthly sales in about five years. The housing market is rebounding. But overall economic growth is feeble at best.
U.S. buyers snapped up new cars and trucks in June at a pace not seen since before the recession. Continuing demand for big pickups helped boost sales for Detroit's automakers.
New orders for US factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown.
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
The Federal Reserve Board is ratcheting up the amount of capital U.S. banks will need to hold. In a final draft rule that the Fed will vote on in an open meeting today.
Small U.S. businesses increased borrowing for a second month in May, pointing to growth ahead.
Stocks started the third quarter on an up note, but face the dual pressures in the second half of a still challenged economy and higher interest rates.
US manufacturing activity grew in June behind a pickup in new orders and stronger production while a separate report showed that spending on residential housing rose.
Erskine Bowles, Debt Commission co-chairman, discusses overhauling the current tax code to help create jobs and make the nation more competitive.
Fighting to attract business—and jobs—takes money. And this year, states finally have some more ammunition to bring into battle.
A record amount of money poured out of exchange-traded and mutual bond funds in June, according to a fresh report by TrimTabs.
Benchmark oil prices are set to start the third-quarter on a positive note, reflecting expectations of better U.S. data.
The market's still jittery after the Fed rattled its cage. But wait, don't relax yet! It's time for the June jobs report. Here's what you need to know for the week ahead.
U.S. consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.
Buy-and-hold billionaire Ron Baron told CNBC that former Treasury Secretary Tim Geithner said at an event he attended that the Fed's exit strategy would take about five years.