Economists on average now believe that the U.S. economy contracted slightly in the first quarter, according to a Moody's/CNBC survey.» Read More
The number of Americans filing new claims for jobless benefits dropped more than expected last week to its lowest level in four months.
While gasoline could reach a national average of $3.75 per gallon, or even more, analysts do not expect it to top the $3.78 per gallon high for the year that it hit in February.
Who would have thought that the market mover would be Mr. Bernanke's written testimony at 8:30 a.m. ET, and that the Q&A would elicit a yawn?
Federal Reserve Chairman Ben Bernanke said the central bank anticipates beginning tapering bond purchases later this year but that policy will remain accommodative and could change depending on the incoming economic data.
Despite an unexpected and substantial fall in new home construction in June, industry analysts appear undeterred in their veritable housing euphoria.
Wednesday may have been a big day for the U.S. Federal Reserve, but it was the Bank of England that turned heads on the other side of the Atlantic.
Applications for U.S. home mortgages fell last week, driven by a decline in demand for refinancing loans as mortgage interest rates remained at a two-year high.
Pimco's Mohamed El-Erian is scratching his head about where the Federal Reserve is getting its projections for U.S. economic growth.
Confidence among the nation's home builders in July jumped to the highest level since January of 2006, according to a monthly index from the National Association of Home Builders.
U.S. industrial production rose slightly more than expected in June as manufacturing output picked up speed, a welcome sign for an economy that appears to have slowed sharply.
U.S. consumer prices rose more than expected in June as gasoline prices jumped, but underlying inflation pressure remained benign.
A study on ethical conduct surveyed 250 industry insiders, a quarter of whom said they would engage in insider trading to make $10 million if there were no repercussions.
Will the markets face a negative GDP number in Q2? CNBC's Steve Liesman, offers insight; and Jack Ablin, BMO Private Bank; Jim Iuorio, TJM Institutional Services; and Simon Hobbs discuss.
US business inventories rose marginally in May as sales rebounded, adding to a raft of data that have pointed to a sharp slowdown in economic growth in the second quarter.
Jeff Cox, John Carney, Cadie Thompson and Patti Domm debate the earnings game.
Oil prices should be about half of today's $105 a barrel by the end of the year, but that doesn't translate to $2 a gallon gas prices, Gulf Oil CEO Joe Petrowski tells CNBC.
The price of gold could fall below $800 an ounce over a long-term horizon, a drop of some $500 from its current level, Duke University’s Campbell Harvey told CNBC on Monday.
US retail sales rose less than expected, adding to signs of a slowdown in growth, while a separate report showed that growth in NY's manufacturing sector accelerated in July.
The official economic numbers that China released Monday are dramatically over-estimating growth there, the author of "The Coming Collapse of China" tells CNBC.
The chief equity strategist at Nuveen Asset Management is most bothered about the lack of growth, which he says needs to kick in soon to keep the market going.
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