The United States economy has definitely begun to feel the effects of austerity.
The Commerce Department reported Thursday that wholesale inventories rose 0.4 percent in March, which was exactly on-trend...
Americans spent more last month and their income grew, an indication that the tax increases implemented at the beginning of the year have not yet held back spending...
Stocks edged down on Friday afternoon. Here are three stories moving the markets...
U.S. equities were a mixed bag on Wednesday afternoon. Here are three stories moving the markets...
Gains of more than 1 percent in each of the three major indexes made for a good Tuesday on Wall Street. Here are three stories that helped make it happen...
Analysts had expected a flat reading of this key economic indicator, but the Commerce Department announced Friday that retail sales fell 0.4 percent in March...
The U.S. equity markets were edging out modest gains on Friday afternoon, buoyed by a stronger-than-expected labor market report and the broad success of stress tests at America's top financial institutions...
The Commerce Department said Wednesday that manufacturers’ inventories and trade inventories grew less than expected in December...
According to the Commerce Department, the trade deficit reached its narrowest point in almost three years in December -- $38.5 billion -- suggesting that the economy actually grew last quarter...
People are stuffing their mattresses with cash at the highest rate in over four years...
Home prices continue to receive support from low inventory levels...
The trade deficit widened, Europe's demand for oil is expected to fall, and optimism for lower unemployment remains...
Housing starts slipped in February, but according to the Commerce Department, permits for future construction rose to their highest level since October 2008...
The U.S. trade deficit widened more than expected in January as demand for oil rose despite higher prices, pushing imports to a record high...
Here's everything you need to know about today's trading action...
The U.S. economy grew more than initially estimated during the fourth quarter, calming fears that 2012 would witness a sharp slowdown...
Here's everything you need to know about today's trading action...
New orders for manufactured goods dropped the most in three years in January as demand fell for everything from household appliances to aircraft...
Here's everything you need to know about today's trading action...
New home sales fell in January but an upward revision to December's data and a reported drop in the supply of properties on the market are signaling a recovery in the housing sector...
Retailers report mixed results...
Here's everything you need to know about today's trading action...
U.S. retail sales rose 0.4 percent in January as consumers took advantage of post-holiday discounts while cutting back on car purchases and online shopping...
Here's everything you need to know about today's trading action...
When adjusting for inflation, spending dipped 0.1 percent in the final month of the year, breaking three months of gains and setting the tone for a slowdown in 2012...
Here's everything you need to know about today's trading action...
The U.S. economy grew at its fastest pace since the second quarter of 2010 in the three months ended in December, but a strong rebuilding of stocks by businesses and weak spending on capital goods signaled an impending slowdown in early 2012...
Builders broke ground on fewer houses than expected in December as falling home prices and ongoing foreclosures continue to hamper an industry-wide recovery...
President Barack Obama asked Congress on Friday for the authority to close down the U.S. Commerce Department and merge six agencies in an effort to simplify the bureaucracy so that it may better meet the demands of a 21st century economy...