Russia's Economy Close To Recession With Sanctions, Food Import Ban
With sanctions and bans affecting key sectors, the growth forecast for 2015 has been halved.
July's Durable Goods Orders Suggest Economy Is Stronger Than It Really Is
Record aircraft sales at Boeing boosted orders for American durable goods.
U.S. Unemployment 2014: Tweet Analysis Paints More Accurate Employment Picture Than The US Government Release
Using Twitter data, researchers have found a way to estimate employment more quickly and accurately than the government can.
Five Takeaways From Yellen’s Jackson Hole Speech
Here are the five biggest takeaways from Federal Reserve Chair Janet Yellen’s speech at the Jackson Hole Economic Policy Symposium.
Yellen Speech Full Text: US Economy Is Inching Closer To Fed Goals
Fed Chair Janet Yellen opened the Jackson Hole conference on Friday.
Wall Street Salaries 2014: Goldman Sachs Leading The Way With 20% Hike As Banks Raising Pay For Junior Staff
Wall Street is facing pressure to improve working conditions for junior employees after a banking intern's death last year, likely caused by his long hours.
Yellen Speech: Why Millions Of Americans' Jobs Depend On New Fed Chair's Debut At Jackson Hole Fed Conference 2014
Federal Reserve Chair Janet Yellen's speech this Friday at an economics conference in Wyoming could have big implications for the U.S. economy.
US Apartment Construction Hits 25-Year High, Supporting July's Housing Gains
Apartment construction fuels less economic growth than single-family housing construction.
Private Companies Growing Profits And Sales Faster Than Public Competitors
Recent research concludes that large, privately held companies are faring better than public companies.
Inflation Hawks' Arguments Not Apparent In Latest CPI Data
The weak growth in income signals slack in the labor market, or too many job-seekers eager for work to pressure employers to raise wages.
Bitcoin Price Pops More Than 8% After A Nearly 12% Plunge
Bitcoin's price has been in a virtual free fall recently, losing about half the value it had last year. Today it has surged more than 8 percent.
Brazil’s World Cup Hangover: A Shrinking Economy
June numbers from the central bank are the latest sign that Latin America's largest economy is slipping into recession.
Americans' Confidence In US Economy Falls To Nine-Month Low Despite Signs Of Improvement
Gasoline prices dropped and employment rose, but consumers aren't cheering yet.
US Producer Prices Rose 0.1 Percent In July, Sign Of Modest Inflation
"There are no signs that inflationary pressures are building."
Eurozone's Economy Expected To Resume Growth This Year, Speed Up In 2015
Though the euro area economy flatlined in the second quarter, forecasts point to growth in coming quarters.
Americans Borrowing Less For Homes, More For Cars And College
The latest debt data from the Fed confirms a trend similar to the subprime mortgage market in 2008 that triggered the financial crisis.
Wal-Mart Trims Earnings Outlook On Flat US Sales, Declining Store Traffic
The world's biggest retailer is fighting off a slump in the U.S.
British Wages Are Falling Despite Economy's Growth
Though Britain's economy is growing faster than other nations', you wouldn't know it from Brits' paychecks.
Americans Worrying About The Economy Much Less
With the least amount of concern since the 2008 recession, Americans are now turning their attention away from the country's economic woes.
Retail Spending Flatlines In July, But Economists Optimistic Sales Will Improve
U.S. consumer spending rebounded in the spring after a brutal winter slowed shopping. Now it's flatlining.
US Income Inequality Rising Despite Gains In Employment
A recent analysis by the U.S. Conference of Mayors finds that jobs being created pay much less than the jobs added.
More Americans Quit And Started Jobs In June, Signaling Stronger Labor Market
The number of Americans quitting their jobs to find a better one fell during the recession and has yet to recover completely — until now.
A Second Polar Vortex Slip Could Upset US GDP Forecasts
Meteorologists fear another arctic blast this fall, which could take the economy on a dive like we saw earlier this year.
US Conducts Second Airdrop Of Food And Water To Iraqi Refugees
American planes have dropped supplies for an Iraqi religious minority that's trapped in the mountains by the terrorist group ISIS.
Hawaiians Enjoy Clear Skies Between Tropical Storm And Approaching Hurricane
A tropical storm caused flooding and power outages in Hawaii early Friday as a hurricane spins closer.
US, UK Governments Warn Russia Not To Send 'Humanitarian Assistance' To Ukraine
Russia has proposed creating humanitarian corridors to deliver aid to pro-Russian separatists in eastern Ukraine.
Judge Rules Against NCAA. Allowing Student Athletes A Share Of Profits
A landmark court ruling against the NCAA will allow student athletes to gain a share of profits, but won't take effect until July 2016.
Biggest Moon Of The Year: Stargaze This Sunday To Catch The Biggest And Brightest "Supermoon" of 2014
The full moon will be about 12 percent wider and 30 percent brighter than it was in January.
American Ebola Patient's Husband Says He's Astonished People Would Criticize Missionaries Putting Themselves In Danger
David Writebol is in quarantine in Liberia until doctors publicly determine whether he's infected.
Hurricane Julio Likely To Miss Hawaii, Spin Softer Than First Storm
Thousands of Hawaiians lost power Friday from a tropical storm surge and are bracing for an approaching hurricane.
