While the CNBC Fed Survey says nearly half expect Trump to nominate Jay Powell, Wall Street thinks he should name Yellen. » Read More
Existing home sales rose 0.7 percent to a seasonally adjusted annual rate of 5.39 million units last month. » Read More
By: Jacob Pramuk
Senators will now have to reconcile their budget resolution with a starkly different one passed by the House. » Read More
Goldman estimates that every percentage point increase of Americans with health insurance yielded a 0.6 percent rise in health employment.
Investors' fears about the Obamacare repeal aren't likely to be realized, according to separate analyses ahead of Thursday's crucial vote.
Biden said eliminating Obamacare would only benefit drug, insurance and medical device companies, USA Today reports.
The Fed should raise rates two more times this year and continue work on a plan to trim its massive balance sheet, Dallas Fed President Robert Kaplan said.
The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday.
Higher housing costs have borrowers searching for the best deals on home loans.
Investors aren't properly pricing rising inflation into their decision making, according to one portfolio manager.
Philadelphia Fed President Patrick Harker also tells CNBC that getting a 2017 rate hike out of the way in March just "made sense."
Inflation has a lot of room to rise without creating worries about an overheated economy, the Fed's Neel Kashkari tells CNBC.
"It is a lot easier to screw young people than older people because they don't vote and we do," Kerrey tells CNBC.
President Trump's goals to reduce imports and boost manufacturing may run into snags in the web of trade flows.
The possibility of Janet Yellen's exit could lead the Fed to pull the trigger on downsizing its $4.5 trillion balance sheet, Goldman says.
Governors are worried that the GOP health care plan could hurt their budgets. Now muni bondholders can share those concerns.
"We think we should be offering more assistance than the bill currently does," Ryan tells Fox News Sunday
Mulvaney defended the administration's budget blueprint for not reducing the deficit, NBC News reports.
Donald Trump may begin his overhaul of the U.S. tax code as early as late spring, White House spokesman Sean Spicer told Ireland's Sunday Independent.
The world's financial leaders backtracked on past commitments to keep trade open and reject protectionism.
The U.S. continues to believe in free trade but wants to re-examine certain agreements and correct some excesses, Treasury Sec. Steven Mnuchin said.
The never-ending quest for the perfect apartment in New York City could be getting that much tougher, new data suggests.
Kashkari said in a statement the Fed should wait on raising rates until it publishes a detailed plan for how and when it will reduce its $4.5 trillion balance sheet.
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