The U.S. service sector, which accounts for two-thirds of the country's economic activity, grew at its fastest pace in a year during February...
U.S. factory orders fell in January for the first time in three months due the expiration of a tax credit for businesses, which resulted in a reduction in capital goods orders...
U.S. manufacturing has been one of the few bright spots in the global economy, but growth has cooled as consumer spending failed to pick up steam...
New claims for unemployment benefits continued to decline last week, holding close to four-year lows...
The Fed report was cautiously optimistic as it noted some economic improvement in January and the first part of February, even in the beleaguered housing sector...
The Federal Reserve chief warned Congress that unless growth accelerated, the unemployment rate would not keep dropping in the months ahead...
The U.S. economy grew more than initially estimated during the fourth quarter, calming fears that 2012 would witness a sharp slowdown...
Better employment prospects and rallying stock prices are supporting consumer sentiment, which could in turn spur spending...
New orders for manufactured goods dropped the most in three years in January as demand fell for everything from household appliances to aircraft...
Consumer sentiment improved in February as Americans became more confident in the resilience of the U.S. economy and a record number reported hearing about more job opportunities...
The euro zone is headed for a mild recession this year, the region's second economic contraction since 2008...
New claims for unemployment benefits were unchanged last week, holding steady for a second week at the lowest level seen since March 2008...
The Obama administration will propose reducing the corporate tax rate by 7 percent on Wednesday, a cut he intends to pay for by eliminating dozens of tax loopholes companies now use to lower their taxes...
Bank of Dallas President Richard Fisher calls out Fed Chairman Ben Bernanke for his easy money policies, while calling on Congress to do more for the economy...
The U.S. House of Representatives voted Friday to extend a payroll tax holiday for 160 million workers and unemployment benefits for millions of others through the rest of the year...