U.S. consumer prices rose in June as the cost of gasoline surged, pointing to a gradual build up of inflationary pressures.» Read More
Homeowners who received help on their second mortgage are still facing foreclosure on their first mortgage, according to housing advocates, the New York Times reports.
China's central bank moved earlier this week to drain liquidity from the market for the first time in eight months, leading to speculation over whether the world's second largest economy has embarked on a tightening cycle.
The focus on the sequester is obscuring the real issue which is the exploding cost of entitlements, Stanley Druckenmiller founder of Duquesne Capital, told CNBC.
Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say. The New York Times reports.
If you smoke, you might have to pay thousands extra for employee-based health insurance under Obamacare starting next year.
Americans under 35 are carrying substantially less debt than they were before the 2008 meltdown, according to an analysis released Thursday by The Pew Research Center. Yet they've also put off the big ticket purchases.
Fewer U.S. homeowners owe more on their mortgages than their homes are currently worth, according to a new report.
The public is only dimly aware of automatic budget cuts set for next week despite weeks of dire warnings from Washington, according to a poll.
Ford is pumping $200 million and adding 450 workers to its Cleveland Engine Plant as it moves to meet growing demand for more fuel efficient models.
U.S. home resales edged higher in January and left the supply of homes at its lowest level in 13 years, a sign that steam is gathering in the U.S. housing market.
Weekly jobless claims moved up while rising prices pointed to some inflation pressure, economic reports showed Thursday.
Manufacturing in the U.S. could take off on "the cheapest energy in the world," BP Capital Founder T. Boone Pickens told CNBC.
Hopes the euro zone might emerge from recession soon were dealt a blow on Thursday, as surveys showed the downturn in the region's businesses worsened unexpectedly this month - especially in France.
Less than a year after opening, Atlantic City's newest casino and resort, Revel, has found itself headed to bankruptcy court.
Massive government budget cuts set to go into effect March 1 would be, "deeply destructive" to all aspects of the housing market, US Secretary of Housing and Urban Development Shaun Donovan told a Senate panel last week. Here's why.
Groundbreaking to build new homes fell in January but new permits for construction rose to a 4 1/2-year high, reinforcing expectations the housing market will support economic growth. An inflation indicator, meanwhile, remained tame.
The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.
Applications for U.S. home mortgages fell for a second straight week as both refinancing and loan requests for new mortgages eased last week, an industry group said on Wednesday.
President Obama painted a picture of immediate devastation from spending cuts set to take effect March 1, but other officials anticipate more gradual reductions, the New York Times.
President Barack Obama is calling on Republicans to back a Democrat plan that would offset the sequester, warning that otherwise "people will lose their jobs."
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