Economists shaved growth expectations for the second quarter after the June durable goods report revealed weak shipments and dampened hopes for business spending.» Read More
The IMF has downgraded its global growth forecast, citing a weaker-than-expected first quarter, and a "less optimistic" outlook for emerging markets.
New U.S. unemployment claims tumbled to the lowest level in nearly 9 years, suggesting the labor market recovery was gaining traction.
New U.S. single-family homes sales fell sharply in June, suggesting the housing market would struggle to regain momentum.
Obama's support of anti-inversion legislation only aims to put a patch on a larger problem—the need for corporate tax reform, CEOs tell CNBC.
China's factory activity expanded at its fastest in 18 months in July as new orders surged while the euro zone's private sector also perked up.
President Obama will call for an end to a corporate loophole that allows companies to avoid federal taxes by shifting their tax domiciles overseas.
U.S. consumer prices rose in June as the cost of gasoline surged, pointing to a gradual build up of inflationary pressures.
Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in Puerto Rican bonds.
Mortgage rates didn't move at all last week, but more borrowers made applications to refinance their home loans.
It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.
U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump.
Action is needed to plug a loophole that allows corporations to avoid taxes by shifting their tax domiciles overseas, the U.S. Senate Finance Committee chief said.
A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.
U.S. consumer sentiment dipped in early July while an index of consumer expectations weakened for a third straight month.
The Conference Board's LEI was up 0.3 percent in June, just missing analyst estimates of 0.5 percent growth.
The U.S. economy is "stronger than people think," Wells Fargo Chairman and CEO John Stumpf told CNBC on Thursday.
Factory activity in the U.S. mid-Atlantic region accelerated in July at its fastest pace in more than three years.
States may be on the hook for $55 billion to pay for hepatitis C treatments like Sovaldi, a new study says.
CareerCast.com released its annual most endangered jobs report, and many jobs listed will take hits as industries flock to digital.
U.S. jobless claims fell unexpectedly last week, but housing starts plunged sharply and stoked new fears about the recovery.
Get the best of CNBC in your inbox