Consumers are feeling less optimistic than expected so far this month, a survey said Friday.» Read More
Fed Chairman Janet Yellen addresses the economic progress in the United States, and the role of Congress in the recovery of the labor market.
Fed Chairman Janet Yellen explains the Fed's expectations for progress in the U.S. labor market and addresses racial disparities in unemployment.
Fed Chairman Janet Yellen discusses the difficulty that people without excellent credit are having in obtaining loans and mortgages.
Fed Chairman Janet Yellen explains why so much money is being devoted to "too big to fail" banks.
Fed Chairman Janet Yellen addresses the concept of negative interest rates as "gimmicks" and the structural issues that are holding back economic growth.
Fed Chairman Janet Yellen addresses the burdens on community banks and the need to simplify regulations.
Fed Chairman Janet Yellen addresses the Fed's stance on the unemployment rate among African Americans.
Fed Chairman Janet Yellen addresses the possibility and concerns about having negative interest rates in the United States.
Fed Chairman Janet Yellen says the Fed needs to make sure it does almost everything possible to reduce the odds of another financial crisis.
Fed chairman Janet Yellen says the Fed's powers can't be targeted at the experience of a specific group.
Rep. Jeb Hensarling asks Federal Reserve Chair Janet Yellen about interest on excess reserves.
Federal Reserve Chair Janet Yellen testifies before Congress on the health of the U.S. economy since her December testimony, addressing the path for monetary policy and the federal funds rate.
Federal Reserve Chair Janet Yellen says the U.S. economy has made further progress toward the Federal Reserve's objective of maximum employment since her December testimony.
Hires inched high enough to surpass December 2007, the first month of the recession.
U.S. wholesale inventories slipped in December for a third straight month as businesses continued to reduce unsold merchandise.
WASHINGTON, Feb 5- U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Nonfarm payrolls increased by 151,000 jobs and the unemployment rate slipped one-tenth of a percentage point...
Feb 5- Wall Street extended a sharp selloff in afternoon trading on Friday after data showing the U.S. unemployment rate had hit an eight-year low in January revived the prospect of a Fed rate hike this year, and tech stocks sold off heavily following weak forecasts. Despite the expected slowdown in job growth, the unemployment rate fell to 4.9 percent, the lowest...
Separate data on Friday showed that in Alberta, where the country's vast oil sands are located, January's unemployment rate rose to its highest level since February 1996. In the Prairies, which include Alberta, Saskatchewan and Manitoba, starts in urban areas fell 8.9 percent to 29,273 units. "That makes a lot of sense given we're seeing a pretty dramatic slowdown...
WASHINGTON, Feb 5- U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Nonfarm payrolls increased by 151,000 jobs and the unemployment rate slipped one-tenth of a percentage...
Hourly wages rise and consumer confidence holds up despite recent market woes. CNBC's Steve Liesman explains.