Banks are girding for higher loan losses as they cast a wider net for borrowers.
The U.S. Federal Reserve will wait until the fourth quarter before raising interest rates, likely in December after the presidential election, according to a Reuters poll which once again showed subdued inflation expectations.
U.S. home resales unexpectedly rose in June to their fastest pace in more than nine years as low mortgage interest rates drew buyers into the market, a positive sign for the economy.
Factory activity across mid-Atlantic states turned lower in July, though higher customer orders and seasonal shutdowns suggest the latest slowdown may be temporary and that the sector is still on steady footing.
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting a three-month low as the labor market continues to gather momentum.
The European Central Bank left interest rates unchanged as expected on Thursday, holding them at record lows as it seeks to revive growth and inflation with cheap credit to the economy.
D.R. Horton Inc, the largest U.S. homebuilder, reported a 13 percent rise in quarterly profit as it sold more homes.
The European Central Bank is all but certain to keep rates firmly on hold on Thursday but will have to address obstacles that threaten once again to derail its efforts to revive growth and inflation.
Americans have not seen the last of Wisconsin Gov. Scott Walker.
With jobs and the economy front and center during Tuesday’s Republican National Convention, Former McDonald’s USA CEO Ed Rensi discussed why he believes Donald Trump will get Americans back to work.
Britain's decision to leave the European Union will reduce global economic growth this year and next, the International Monetary Fund says.
U.S. housing starts rose more than expected in June as construction activity increased broadly.
As the GOP descends upon Cleveland for the Republican National Convention, the region’s economy is taking a pause.
Due to an improving economy, job growth and record low gas prices, Americans are driving more. This means more accidents and consequently, higher insurance rates.
The White House cut its forecasts for economic growth and interest rates, resulting in slight reductions in projected deficits over the coming decade.
After a long stretch of tepid spending, U.S. shoppers are finally willing to open their wallets.
Consumer sentiment fell in July as Americans held a dimmer view on the economy's future.
Factory activity across New York state leveled off in July after climbing a month earlier, highlighting the modest and uneven nature of the recovery in the U.S. manufacturing sector.
U.S. consumer prices increased for a fourth straight month in June as Americans paid more for housing, gasoline and healthcare, pointing to steadily rising inflation pressures.
U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, reinforcing views that economic growth picked up in the second quarter.