U.S. industrial production increased more than expected as unseasonably cold weather boosted demand for heating. » Read More
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The previous U.S. tax code and heavy regulations in the country did not give investors much confidence, UBS says. » Read More
The loophole involves the tax rates - 15.5 percent or 8 percent - that companies must pay on $2.6 trillion in profits they are holding abroad. » Read More
National Retail Federation attributed growth to consumer confidence and strong employment.
U.S. business inventories rose slightly more than expected in November and figures for the prior month were revised higher.
The U.S. Consumer Price Index was expected to rise 0.2 percent in December, down from the 0.4 percent increase a month earlier.
Robert Kaplan is president and CEO of the Federal Reserve Bank of Dallas and a voting member on the Fed's policy-setting committee.
U.S. retail sales increased in December as households bought a range of goods and figures for the prior month were revised higher.
Two-thirds of voters call the economy "excellent" or "good," but only 36 percent approve of President Trump's performance.
First-time claims for state unemployment benefits were expected to total 248,000 for the most recent week.
New York Fed President Bill Dudley said that the recently passed tax cuts pose an ominous threat down the road.
The Fed's tendency will be toward safe decisions and away from anything likely to unsettle Wall Street, said David Rosenberg at Gluskin Sheff.
The U.S. Producer Price Index slipped 0.1 percent in December, after a 0.4 percent increase a month earlier.
More and more, Fed officials are beginning to think seriously about a dramatic change to monetary policy.
The Commerce Department was expected to report a rise in November wholesale inventories on Wednesday.
Homeowners are increasingly taking out cash to make more cash.
The Minneapolis Fed proposed a set of sweeping new regulations Wednesday aimed at reducing the risk big banks pose to the economy.
U.S. import prices recorded their smallest increase in five months in December and underlying pressures were muted.
The latest FOMC projections indicate three rate hikes for 2018, but markets have only priced in two increases.
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