If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.» Read More
One of the Federal Reserve's most hawkish officials confronted one of the institution's most dovish policymakers on Tuesday in a rare joint public debate over the risks posed to inflation by the U.S. central bank's bold steps to spur growth.
Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether municipal bondholders or pensioners will absorb most of the pain when a government goes broke.
The U.S. became a financial markets' triple threat in the first quarter, with equities, government bond yields and the dollar all rising in tandem—something that rarely occurs for any sustained period.
Major automakers posted strong monthly U.S. car sales last month, helped by growing confidence in the recovery and demand for pickup trucks and sport utility vehicles.
New orders for U.S. factory goods rose sharply in February but a gauge of planned business spending slipped, suggesting factory activity continued to expand at a moderate pace.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
It's no April Fool's Day joke. Drivers are indeed paying less to fill up their gas tanks than they did a few weeks ago, a month ago, a year ago.
The bulls have been running at a fierce pace but these pros say the correction is coming in the second quarter. Here's why.
It's official: Stockton, Calif., will become the nation's most populous city to enter into bankruptcy protection after getting clearance from a federal judge on Monday.
What's bad news for corn investors could be good news for battered consumers if trends hold up.
The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to a new industry report released.
"Squawk Box" enlisted some Wall Street heavyweights to help answer that question as stocks by any measure begin the second quarter at all-time highs.
Big business and big labor have settled on a framework for an immigration overhaul. Now, the lawmakers need to resolve the nitty-gritty—and keep their parties' political flanks mollified.
To gauge the strength of the recovery in the "workshop of the world," there are three key thresholds investors should monitor, says one economist.
Sentiment among Japanese manufacturers improved for the first time in three quarters, according to the Bank of Japan's key economic indicator, the Tankan survey.
Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.
Major U.S. business and labor groups have reached an agreement on a guest-worker program that removes a major hurdle to a broad immigration overhaul and clears the way for Senate legislation to be introduced soon, according to a source.
U.S. consumer spending rose in February and income rebounded, further signs economic activity accelerated in the first quarter, even though part of the increase in consumption reflected higher gasoline prices.
Will the second quarter have automakers smiling? Will the housing recovery rev up? Here's a look at what to expect from some key sectors.
Sure, it took nearly 66 months, but the Standard & Poor's 500 is finally back to where it peaked in 2007. The next milestone will be its all-time intraday high of 1,576.09, set on October 11, 2007.
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