As China and the U.S. near a trade war, both nations bring different weapons to the table. For the U.S., it's direct tariffs on the plethora of goods it imports, while for China the calculus is a little different. » Read More
By: Natasha Turak
Escalating trade tariffs between the world's two largest economies and an ongoing currency sell-off will keep pressure on the bank's policy makers. » Read More
By: Nyshka Chandran
President Donald Trump has requested the United States Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent. » Read More
U.S. homebuilding accelerated in both single-family and multi-family home construction. » Read More
Rosengren, who is a voting member on the Fed's policy setting committee, said he prefers gradual rate increases to a faster tightening cycle.
Sales rose more than expected, pointing to sustained economic strength that could allow the Fed to raise interest rates next month.
U.S. import prices rose for a second straight month in October as the cost of petroleum and motor vehicles increased.
The Commerce Department said on Tuesday business inventories edged up 0.1 percent after rising 0.2 percent in August.
President-elect Donald Trump's plans for fiscal stimulus are "budget-busting", a leading economist told CNBC Tuesday.
The U.S. and President-elect Donald Trump have more to lose taking a protectionist path than the emerging economies.
Bair also advocated for congress to provide some fiscal stimulus to counter higher interest rates.
In a flash, the world has changed for bond investors, savers and borrowers.
Mortgage rates have now moved nearly a half a percentage point higher since Donald Trump was elected president.
Economists expected the index to hit 89.5, up from 87.2 in October's final reading, according to a Thomson Reuters consensus estimate.
Federal Reserve Vice Chairman Stanley Fischer said the case for removing accommodation is "quite strong" while interest rates will plateau at a level that is lower than normal.
The Republican sweep could break gridlock over policy in a potential boon to the economy, Fed's James Bullard said on Thursday.
The number of properties with a foreclosure filing jumped 27 percent in October compared with September, fueled by FHA loans.
The number of Americans filing for unemployment benefits fell more than expected last week, underscoring the robustness of the labor market.
San Francisco Fed President John Williams said that the U.S. central bank is nerdy, geeky, but above all apolitical, and will remain so.
Standard & Poor's affirmed the U.S.'s investment-grade rating, a day after the presidential election, while maintaining its stable outlook.
For as much as the Federal Reserve professes its independence, it is not immune to politics.
An outspoken Fed dove said on Tuesday he would "feel better" about raising U.S. rates if he were more confident inflation would continue to rise.
Employers posted 5.5 million job openings in September, a slight increase from the 5.4 million reported in August.
Julissa Arce has a message for Trump supporters: You are dreaming if you think Mexicans are "stealing" your jobs and Donald Trump can bring them back.