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Economy

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  • More Are Debt-Free, but the Rest Owe More: US Census Friday, 22 Mar 2013 | 10:55 AM ET

    More Americans are debt-free than in 2000, but those with debt owe nearly 40 percent more, the Census Bureau says. USA Today reports.

  • Finally: Supply of Homes for Sale Begins to Rise Thursday, 21 Mar 2013 | 11:25 AM ET

    For the first time in over six months, the supply of homes for sale is beginning to rise.

  • House Passes Funding Bill to Avert Government Shutdown Thursday, 21 Mar 2013 | 10:57 AM ET

    The House passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.

  • Jobless Claims Trend Works for Recovery Hopes Thursday, 21 Mar 2013 | 9:28 AM ET
    Job seekers wait for the opening of a job fair sponsored by Job News in partnership with USOilWorker.com and The Texas Veterans Commission in San Antonio, TX.

    The number of Americans filing new claims for jobless benefits edged higher last week, but a longer-term reading dropped to its lowest in five years and pointed to ongoing healing in the labor market.

  • Fed's $4 Trillion Question: Where's the Exit? Wednesday, 20 Mar 2013 | 10:48 AM ET

    With increasing fervor, investors are asking what is the central bank's exit strategy for getting rid of all the government debt it has bought in an effort to stimulate risk assets and boost the economy.

  • President Bill Clinton said Republicans need to openly state how their proposals, specifically tax cuts, would realistically work for the benefit of the American economy.

  • Recovery Builds as Housing Numbers Pick Up Steam Tuesday, 19 Mar 2013 | 9:54 AM ET
    A construction worker uses a hammer at a new housing development in San Mateo, California.

    Groundbreaking to build new homes rose and new permits for construction hit the highest level since 2008, a sign the housing market recovery is gathering steam.

  • Federal Reserve Board Chairman Ben Bernanke

    As the Federal Reserve (Fed) starts a two-day committee meeting on Tuesday with investors watching for further signals that it may start winding down its quantitative easing program, Anthony Scaramucci, managing partner at investment firm Skybridge Capital, told CNBC that monetary easing will continue for the next two years.

  • Fed to Remain Wall Street's Sugar Daddy: CNBC Survey Tuesday, 19 Mar 2013 | 7:15 AM ET

    Wall Street has boosted its outlook for quantitative easing from the Federal Reserve, according to the March CNBC Fed Survey.

  • Cyprus Gives the Fed More Reason to Buy Bonds Monday, 18 Mar 2013 | 6:00 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    The bailout in Cyprus could mean a pause in the US stock-market rally but some market pros say it's also likely to give the Fed more ammunition to maintain its stimulus.

  • Home Builder Confidence Drops for Third Month Monday, 18 Mar 2013 | 10:00 AM ET
    Workers build a new home at the Pulte Homes Fireside at Norterra-Skyline housing development in Phoenix, Arizona.

    For the third straight month, sentiment among US home builders declined, dropping two points on a monthly industry index.

  • New GOP Roadmap Calls for Immigration Reform Monday, 18 Mar 2013 | 7:20 AM ET

    The GOP will endorse immigration reform on Monday and outline plans for a $10 million outreach to minority groups in an effort to make the party more "welcoming and inclusive" for voters who overwhelmingly supported Democrats in 2012.

  • Fed’s Role as Shock Absorber Ending Sunday, 17 Mar 2013 | 10:22 PM ET

    The Fed's huge quantitative easing programs are just a continuation of the government's bailout, this economist says.

  • Haggle on Tax Hikes? GOP Offers Mixed Messages Sunday, 17 Mar 2013 | 3:49 PM ET
    U.S. Capitol Building in Washington, D.C.

    Leading congressional Republicans said on Sunday a broad deal with President Barack Obama on deficit reduction and entitlement reform remains possible but differed over potential flexibility on taxes, with the House speaker and budget leader not bending

  • U.S. Treasury building

    The Federal Reserve sent a record $88.4 billion in profits to the U.S. Treasury last year, audited results showed on Friday.

  • Maybe March Madness Is GOOD for Productivity Friday, 15 Mar 2013 | 1:16 PM ET
    Anthony Davis

    The NCAA basketball tournament has a reputation for sucking the productivity out of offices everywhere. But a new report calls the conventional wisdom into question.

  • Ryan Plan May Give Top Earners $400,000 Tax Cut Friday, 15 Mar 2013 | 12:47 PM ET
    Paul Ryan

    Paul Ryan's proposed budget would cut taxes for just about everyone, with the top earners getting the biggest tax cuts.

  • Consumer Prices Gassed Up but Inflation in Check Friday, 15 Mar 2013 | 10:03 AM ET

    Consumer prices recorded their largest increase in nearly four years as the cost of gasoline surged, but showed no sign of a pickup in inflation to trouble the Fed.

  • US Consumer Sentiment Plummets in March Friday, 15 Mar 2013 | 9:56 AM ET

    US consumer sentiment tumbled to its lowest since December 2011 in March as fewer Americans expected to see improvements in growth or the labor market.

  • U.S. industrial production rose more than expected in February on a rebound in manufacturing, showing the economy continues to gain momentum in 2013.

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