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
U.S. business inventories rose, but with goods taking longer to sell businesses could slow their pace of stock accumulation to prevent an unwanted piling up of merchandise.
As homes prices rise, banks are acting faster on overdue loans. The rate at which banks took ownership of properties rose 11 percent in May over April.
After months of uncertainty about taxes and budget cuts, small businesses are carefully hiring again. But some start-ups say it's challenging finding qualified applicants.
U.S. retail sales rose more than expected in May as households stepped up purchases of automobiles and bought other goods.
With U.S. stock futures pointing lower after the sharp drop in Japanese stocks overnight, leading market watchers give their predictions on the markets and the Fed's next move.
The number of Americans filing new claims for jobless benefits fell, nearing its lowest level in five years in a sign of resilience for the labor market.
The rout in global financial markets that has spared few asset classes extended into Thursday, with Asian stocks plunging across the board.
BofA Merrill Lynch's market strategist looked overly optimistic when she picked her 2013 stock market target and pessimistic now that she's maintaining it.
After falling dramatically for more than a month, applications for mortgage refinances finally swung to the positive last week, rising 5 percent despite the rise in mortgage rates.
It has been a reliable fact of life: interest rates, for the most part, keep heading lower. But all of that may be about to change.
Cyclicals are heating up as the summer approaches and the economy starts to show signs of improvement, analysts say.
Young men in the 18-to-34-year-old bracket are the ones most likely to decline a request to be in a wedding party based on the cost, according to a Harris Interactive survey.
Two new reports show that Americans over age 65 are falling behind financially, despite having retirement income younger Americans are less likely to have in old age.
Boeing upgraded its 20-year forecast for airplane demand as aerospace firms heading to next week's Paris Air Show look beyond the financial crisis to pin their hopes on Asia.
Active managers in both the mutual and hedge fund industries are badly underperforming their peers, and they have a mutual malady: a bad Apple.
Sen. Bob Corker, (R-TN), shares his views on why the government should get its fiscal house in order through entitlement and tax reform, privatizing intelligence gathering, and implementing GSE reform.
More employers in the U.S. plan to hire workers next quarter than in any period since the fourth quarter of 2008, a survey by Manpower Group found.
Stock traders have their eyes on the bond market this week, as interest rates continue to adjust higher. The issue is just how much higher.
The dream used to be a house you paid for with a steady paycheck. But fewer hours worked at lower-wage jobs is severely altering that, especially for young people.
Is it time for investors in the Consumer Discretionary sector to exercise some discretion of their own?