If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.» Read More
The renowned investor is urging investors and bank account holders to "run for the hills" after the bailout in Cyprus.
The stock market is likely to see its typical, seasonal pullback in the second quarter, but unlike previous years, more bullish strategists expect a significantly higher end-of-year finale.
Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 357,000, while GDP growth was light and even worse than expected.
The pace of business activity in the U.S. Midwest slowed in March as the new order rate pulled back, a new report showed.
As fears grow that the Cyprus crisis could spread to other parts of the euro zone, renowned investor Mark Mobius says that a default is the only way to solve the single-currency bloc's problems.
Orders are slowing down at the FoxConn factory in Shenzen, China, which could mean trouble for the tech industry.
A wave of gloom from Europe sent buyers fleeing for Treasurys on Wednesday, reversing momentum that was driving US stocks toward a record high.
The U.S. housing market will see no surge at the start of spring, as fewer buyers signed contracts to purchase existing homes in February.
Europe's financial crisis is costing lives, with suicides and infectious diseases on the rise, yet politicians are not addressing the problem, health experts say.
Bulls are likely to take another swing at the S&P 500 closing high this week, but the real battle will begin after that.
State and local governments may be making serious cuts but their tax revenue grew for a 13th straight quarter, Census data showed.
Despite a raging, record-high stock market, more Americans believe a home is a better long-term investment than stocks, according to CNBC All-America Economic Survey.
As the gap between the wealthy and rest of America becomes a hot-button issue in Washington, the Fed's ability to improve the situation may soon move into the spotlight.
US consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
Sales of new US single-family homes fell more than expected in February, but steady gains in home prices suggested the housing market recovery remains intact.
Single-family home prices rose in January, starting the year with the biggest annual increase in six-and-a-half years in a fresh sign the housing market recovery remains on track, a closely watched survey showed on Tuesday.
Demand for long-lasting U.S. manufactured goods surged in February, suggesting factory activity continued to expand at a moderate pace.
Key measures of Americans' attitudes toward their homes and the stock market surged in the latest CNBC All-America Economic Survey.
It was going to be a disaster! It would crush the recovery! In fact, nearly half of Americans didn't even notice they had less money in their paychecks.
Excess cash plus easy access to credit is driving up land values across the Midwest, stoking fears that a farmland bubble is building that may soon burst. USA Today reports.
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