The GOP tax plan will place a higher burden on those who earn $1 million but provide a break to everyone else, Mnuchin says. » Read More
U.S. home building jumped to a one-year high in October likely as disruptions caused by recent hurricanes in the South faded. » Read More
"We're very excited about the timeline," Treasury Secretary Steven Mnuchin says. » Read More
San Francisco Fed President John Williams said the economy is growing strongly enough to continue raising rates gradually to around 2.5 percent. » Read More
The much-weaker-than-expected growth in jobs shows the economy is expanding only modestly, Austan Goolsbee tells CNBC.
Soft jobs report could point to economic slowdown, says Ron Insana.
The U.S. economy created just 138,000 jobs in May while the unemployment rate declined to 4.3 percent, according to Labor Department data released Friday.
Challenger's corrected total of job-reduction plans announced in May stands at 33,092, 9 percent lower than April's figure.
Economists expected the ADP report to show that private payrolls grew by 185,000 in May from the initially reported 177,000 in April.
The rise probably does not signal a material shift in labor market conditions as claims for several states, including California, were estimated.
Job reductions in May jumped by 41 percent from April, the Challenger report says.
"This action will help maintain more stable production and provide the smallest impact to plant employment going forward," GM says.
The Fed sends a strong signal that it will raise interest rates this month.
Hiring in May was 6.2 percent higher than in April, a LinkedIn report says.
San Francisco Federal Reserve President John Williams said he sees a total of three interest rate increases for this year as his baseline scenario.
The U.S. economy is growing at a steady, if sluggish, pace according to the Federal Reserve's latest survey.
We're panicking about robots taking our jobs, but Marc Andreessen says it's the same fear we always have. And we're still wrong.
Weak recent inflation readings are a worry and suggest the Federal Reserve will make only "uneven" and slow progress toward its 2-percent goal, said Dallas Fed President Robert Kaplan.
Pending home sales had last slipped 0.8 percent in March, the National Association of Realtors reported last month.
Complex filing rules with Uncle Sam are nudging some Americans to consider leaving the U.S. for good.
It's the "best time in the world" to borrow money to help fund President Trump's infrastructure plans, Richard LeFrak tells CNBC.
It could take young adults 19 years to afford a home in cities like Austin and San Francisco.
If consumers can't find a home to buy, then they don't need a mortgage. That's what's likely driving the weakness in mortgage applications.
The index last fell to 120.3 in April, according to monthly data from The Conference Board.
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