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US jobless claims up, four-week average lowest since 1973

The number of Americans filing for benefits rose slightly more than expected, but the four-week average of claims pointed to a strengthening labor [...]

Trump tax plan needs greater focus: Analyst

One analyst has warned that the new U.S. President is pushing hardest on policies that could shrink the U.S. [...]

Mnuchin walked back a key piece of Trump’s tax plan, CNBC’s Robert Frank says—Larry Kudlow disagrees

CNBC's Robert Frank says Trump's plan will likely give tax breaks to the wealthy. Larry Kudlow sees it [...]

Treasury Secretary Mnuchin: We’re committed to ‘very significant’ tax reform by August recess

The Trump administration appointee said he is "primarily focused on middle-class" tax [...]

Trump to seek jobs advice from firms that offshore US work

Donald Trump will seek job-creation advice from at least five companies that are laying off thousands of workers as they shift production [...]

Americans eat out less as higher menu prices take a bite from restaurant visits

Meal kit sellers and upstart grocers are underscoring an eat-at-home [...]

US existing home sales hit 10-year high in January

The National Association of Realtors said existing home sales jumped 3.3 percent to a seasonally adjusted annual rate of 5.69 million units last [...]

Why the Fed’s March meeting could be the most important of the year

Fed officials want investors to believe that every meeting is live where the central bank will hike.


US labor market has ‘more room to run,’ Fed’s Kashkari says

Neel Kashkari is president and CEO of the Federal Reserve Bank of Minneapolis and a voting member of the Fed's policy-setting [...]

American CEOs send letter to House: Kill the ‘made in America’ tax

In a letter to House and Senate leadership, top manufacturing CEOs argued that the current tax system penalizes American factory [...]

NY Fed: US household debt at highest level since 2008

Household debt in the U.S. totals a staggering $12.58 trillion, a level not seen since 2008, the Fed says. [...]

‘March is a done deal’ for the Fed’s next rate hike, Peter Boockvar says

Inflation statistics and Janet Yellen's congressional testimony set the stage for a March hike, Boockvar tells [...]

US housing starts fall; permits rise to one-year high

U.S. homebuilding fell in January, but upward revisions to the prior month's data and a jump in permits suggested the housing recovery remained on [...]

US weekly jobless claims rise less than expected

The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor market was continuing to [...]

Fed is moving on the right path in removing stimulus, Fischer says

The Fed expected the improvement in U.S. inflation and employment and it is headed on the right path in removing stimulus, Fed Vice Chair Stanley Fischer [...]

Fed’s Harker says is not factoring fiscal policies into forecast

Harker said his view that the economy is ready for three rate hikes this year does not depend on any fiscal policy changes under President [...]

Fed’s Rosengren says market skepticism will not delay rate hikes

Market expectations "will not stop" a rate hike, Rosengren told a luncheon of economists and [...]

A March rate hike is not a lock — but the odds just moved higher

If this trend continues, the Fed may be faced with a hard decision on interest rates when it meets in [...]

Home builder sentiment falls 2 points in February as Trump euphoria abates

After a jump following the presidential election, confidence among US home builders continued its slide in [...]

Delinquencies among first-time and lower-income homebuyers just spiked, spelling trouble

Trump froze a move that could have saved some lower-income borrowers money, prompting criticism. [...]

Retail sales rise in January, despite car purchases seeing their biggest drop in 10 months

U.S. retail sales rose more than expected in January, pointing to sustained domestic demand that should bolster economic growth in the first [...]

Industrial output falls as warm weather curbs heating demand

Industrial production fell as unseasonably warm weather caused a major drop in utilities output, offsetting gains in manufacturing and [...]

Consumer prices post largest gain in nearly four years

This came as households paid more for gasoline and other goods, suggesting inflation pressures could be picking [...]

Yellen: ‘Unwise’ to wait too long to hike interest rates

Yellen says even though the Fed expects to hike gradually, getting rates back to normal is [...]

Trump and GOP face a tougher tax sell to Dems than Reagan did, ex-Treasury official says

Unlike Reagan's 1986 tax reform plan, the current effort faces real-time scrutiny, Robert Kimmitt tells [...]

The very vocal protesters who took on the Fed are now fighting to protect it

The group Fed Up has a new target: Republicans who want to curtail the central bank's [...]

Fed’s Lacker: Next rate hike ‘should come sooner rather than later’

The majority of market watchers expect the Federal Reserve to stand pat on rates at the next [...]

Trump’s hiring freeze hurts young veterans, who were already having trouble getting jobs

With the unemployment rate for young veterans climbing, Trump's federal hiring freeze could hit them the hardest. [...]

US producer prices jump on higher energy costs

U.S. producer prices rose more than expected in January, but a strong dollar continued to keep underlying inflation [...]

Canada could be Trump’s next tax target — and there’s a lot of money at stake

President Trump's isolationist policies could mean big things for trade with our northern [...]

Withdrawing from NAFTA would be Trump’s gravest economic mistake, says Bush 41 trade chief

The United States withdrawing from NAFTA could mean a major disruption to the supply chain, Carla Hills [...]

How Mnuchin’s Treasury Department could help soothe Trump’s chaos

A look into the possible Mnuchin Treasury Department under President Donald [...]

Trump’s tax plan may not be quite so ‘phenomenal’ for the S&P 500 as people think

The average effective tax rate among S&P firms was 24.11 percent — well below the current corporate rate of 35 [...]

Yellen outlook ‘irrelevant’ because Trump will reshape Fed, strategist who called Brexit vote says

The Federal Reserve's 2017 plans may not pan out if the president appoints three of his own members, Mark Grant [...]

Fed’s Stanley Fischer cites ‘significant uncertainty’ about fiscal policy under Trump

The Fed's Fischer cited significant uncertainty on U.S. fiscal policy, but said the Fed would be strict about its [...]

Fed’s Tarullo to resign in April, giving Trump opening to reshape central bank

"My colleagues and I will truly miss his deep expertise," Fed Chair Janet Yellen [...]

Energy products boost US import prices in January

U.S. import prices rose more than expected in January amid further gains in the cost of energy [...]

US jobless claims drop to near 43-year low

The number of Americans filing for unemployment benefits unexpectedly fell last week to near a 43-year low, amid a further tightening of the labor market that could eventually spur faster wage [...]

Mortgage applications rise 2.3% as rates hit 3-week low

A slight decrease in mortgage interest rates last week helped put some energy back into the [...]

US companies looking ready to spend, spend, spend — and hire

Fourth-quarter earnings so far show that firms are talking more about investment plans. [...]

Monthly jobs openings — watched by Yellen — were little changed in December

Economist expected job openings in December to hit 5.55 million, according to Thomson [...]

Houses are the least affordable they’ve been in seven years: Here’s why

Rising mortgage rates, big jumps in home prices and moderate income growth are adding up to a triple threat for [...]

US trade deficit last year hit highest level since 2012

That should provide fuel for President Donald Trump's contention that America needs a tougher approach to [...]

CEO confidence at near-record high. Why? Trump’s war on regulation

President Trump's approach to regulation is a big reason why a new CEO survey finds confidence near a record high. [...]

US leads ‘significant increase’ in global economic confidence: Survey

The U.S. was the world's most confident region as measured by a quarterly survey of business [...]