Although economist have trimmed their estimates for second-quarter GDP, they don't believe the economy will hit a recession this year or next.» Read More
Severe fiscal tightening in the U.S. will lead to no growth or a contraction in the first two quarters of 2013 and will push unemployment over the 8 percent level, according to Lombard Street Research.
American millionaires say they are better off than they were at their 2007 peak.
New data show uneven benefits from the economic recovery of 2010-11, with a big rise for the highest earners and little change for others. The New York Times reports.
This city, long known as a Rust Belt community, has transformed into a hub for advanced manufacturing and technology.
Federal Reserve's Sandra Pianalto says that U.S. economy could minimize risk by aiming for smaller sized balance sheet.
U.S. consumer sentiment improved in February, buoyed by signs of more hiring, though worries heightened about a decline in future income, a new survey showed.
U.S. industrial production unexpectedly fell in January, weighed down by weak manufacturing and mining, according to a new report that was another sign of slow economic activity at the start of the year.
Vermont is a small state with just 660,00 residents, but getting the health insurance exchange here ready in time for the rollout of Obamacare in 2014 is still a very big job.
Manufacturing in New York state expanded in February for the first time in seven months, boosted by a surge in new orders, the New York Federal Reserve said Friday.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "IT monkey."
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a continued steady improvement in labor market conditions.
President Obama says he wants more Americans to be able to save money by refinancing their mortgages. The trouble is that mortgage rates are rising.
The battle to rein in spending and overhaul taxes is something that Washington's policymakers must work "to get off the front page," Caterpillar CEO Doug Olberhelman told CNBC on Wednesday.
Under proposed rules for the Affordable Care Act, companies with 50 or more full-time employees will be required to offer benefit plans, or face fines. CNBC's Bertha Coombs takes a closer look at one small business, Batchbook, navigating Obamacare.
For large retail and restaurant chains the big unknown in the year ahead is how much more they'll pay for health coverage. Employers with 50 or more workers who put in 30 hours a week will be required to provide health care coverage or pay a fine, under the Affordable Care Act.
U.S. business inventories edged up in December as sales pushed higher, confirmation that a slow pace of warehouse restocking weighed on economic activity.
Inflation in the U.K. will remain above target for the next two years, Bank of England governor Mervyn King warned on Wednesday, but tightening monetary policy was not the solution as it could push the economy deeper into recession.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Detroit Mayor Dave Bing, delivers speech on Wednesday to avoid losing much of his authority to a state takeover of the city's financial affairs.
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