U.S. stocks closed in the red Wednesday after a volatile trading session, but the Dow managed to recover from an earlier 450 point loss.
The Fed's compilation of anecdotal reporting found that businesses expect consumer spending to improve through the year.
The federal budget deficit is at its lowest since President Obama took office.
The Dow Jones Industrial Average fell 450 points Wednesday, driving investors to safe-haven government bonds amid fears of a a global slump.
The deficit has fallen to less than half its trillion-dollar-plus level in 2008, the Treasury Department said Wednesday.
The Dow Jones Industrial Average dropped more than 350 points Wednesday, after a trio of weak U.S. economic reports were released.
Economists thought that retail sales grew last month, but consumers pulled back spending.
The big banks, traditionally the darlings of earnings season, could be showing signs of improvement with Bank of America on tap for Wednesday.
Energy imports for oil, natural gas and thermal coal cost the European Union around $500 billion in 2013.
Clinton told the audience at a technology conference in San Francisco that Internet freedom was as core a value as other individual freedoms.
Finance minister Michael Noon said the country will phase out the “double Irish” scheme that saved Apple and other multinationals billions.
Young adults are trying to save, while senior citizens simply can't spend more money. What does this mean for retailers ahead of the holidays?
The French mathematician and economist set a precedent for how to regulate in the real world.
"I guess one could say that the iPhone killed Nokia and the iPad killed the Finnish paper industry," the Finnish Prime Minister said.
China exported and imported many more goods last month than expected, largely on the strength of foreign demand.
Britain's public finances have deteriorated in recent months, hurt by slow growth in income tax receipts.
The euro zone's sinking fortunes are raising alarm among global policymakers who fear the bloc is again dragging on the world economy.
The International Monetary Fund members say focusing on growth is the priority.
The company reported it expects 4.8 percent annual sales growth, which would be the highest annual increase in eight years.
Government researchers warned that 1,000 businesses are at risk with the rise of "backoff" malware.
This week the International Monetary Fund slashed its German growth forecasts for 2014 and 2015.
Narendra Modi's government has relaxed several environmental rules to make it easier for companies to build new projects.
A Chinese plan for an infrastructure development bank has attracted interest from neighbors and one big opponent: the United States.
Everyday investors are more confident in US capital markets than they have been in years.
New analysis from the World Bank shows how countries with no Ebola could still suffer severe economic consequences.
A slump in exports is the latest sign that Europe's largest economy is faltering amid broader euro zone weakness and crises abroad.
The federal deficit peaked at $1.4 trillion in 2009.
Global weakness and a strong dollar means the benchmark interest rate will remain unchanged longer than expected.
A new report by the IMF finds the world's major banks aren't healthy enough to support the global economic recovery alone.
An improving U.S. economy is encouraging shoppers to spend more on gifts this holiday season.