Orders for long-lasting factory goods were expected to rise 0.8% in March, after dropping 1.6% a month earlier. » Read More
The underlying trend continued to point to labor market strength, however. » Read More
At least four Republican senators had come out against his nomination, meaning he likely could not have been confirmed. » Read More
By: John Harwood
Warren says her proposal would benefit 95% of the 45 million Americans carrying student debt and wipe it out for 75% of them. » Read More
Stronger economic data recently signals a continuation of above-trend growth, says the Council of Economic Advisors chairman.
"We will go through a phase in which things are not great but also not bad."
The prospective nominee promises to pursue a stable dollar if confirmed to a central bank board that he thinks is too dominated by academics.
First-time claims for state unemployment benefits were expected to total 205,000 in the most recent week, up slightly from the 196,000 claims reported for the previous week.
U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier.
The decline was due in large part to a 28.2 percent decrease in its goods deficit with China as exports to the nation surged
Industrial production was negative for the first quarter since the third quarter of 2017, and that could signal weaker economic growth than some economists expect.
Yale University economics professor Robert Shiller suggests President Trump's policies will prolong the bull market.
Chicago Federal Reserve President Charles Evans said on Monday that he'd be comfortable leaving interest rates alone until autumn 2020.
Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan Greenspan tells CNBC.
Fears that a recession is on the horizon spiked last month when bond markets gave signals that confidence in the economy is dimming.
In recent days, at least four GOP senators said they would not back Cain, seeming to torpedo the nomination before it even become official.
The economist says slowing growth in China and Europe, deflation of a tech bubble and corporate debt could all being on the next recession.
U.S. import prices were expected to rise 0.4% in March, after rising 0.6% a month earlier.
The U.S. is economy likely slowing from its strong rate of growth in 2018, with "important international risks" clouding the outlook, Federal Reserve vice chairman Richard Clarida said on Thursday.
U.S. producer prices increased by the most in five months in March, but underlying wholesale inflation was tame.