U.S. home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy.
U.S. stocks were modestly weaker on Wednesday after the release of minutes from the Federal Reserve's latest meeting showed many of the central bank's policymakers said it may be appropriate to raise interest rates again "fairly soon."
Home Depot says home-improvement spending is hot and will continue to drive sales growth in 2017.
Uncle Sam is creating a headwind for the world's biggest retailer.
U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump.
Wal-Mart will report fiscal fourth-quarter results before the market opens Tuesday.
House Speaker Paul Ryan on Thursday defended the controversial border adjustment tax, which he called “good manufacturing policy,” during his weekly press conference with the media.
The Dow Jones Industrial Average scored its sixth straight record high on Thursday, but just barely, while the S&P 500 edged lower due to declining energy stocks.
The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor market was continuing to tighten.
U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month's data and a jump in permits to a one-year high suggested the housing recovery remained on track.
The U.S. Consumer Financial Protection Bureau (CFPB) said on Thursday it was exploring the use of alternative data sources such as mobile phone and rent payment bills to help extend affordable loans to consumers lacking credit history.
Whose driving the U.S. economy? The Fed or the Trump administration?
In an exclusive interview with FOX Business, St. Louis Fed President James Bullard appeared to take a different view on future rate hikes than that of Fed Chair Janet Yellen.
U.S. industrial production fell in January because unseasonably warm temperatures cooled demand for utilities, but underlying figures show modest progress for the manufacturing sector.
U.S. consumer prices recorded their biggest increase in nearly four years in January as households paid more for gasoline and other goods, suggesting inflation pressures could be picking up.
U.S. retail sales rose more than expected in January as households bought electronics and a range of other goods, pointing to sustained domestic demand that should bolster economic growth in the first quarter.
Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates.
U.S. producer prices rose more than expected in January, recording their largest gain in four years amid increases in the cost of energy products and some services, but a strong dollar continued to keep underlying inflation tame.
Confidence among small-business, in the upswing since the election, in January reached its highest point in more than a decade, according to the National Federal of Independent Business.
Federal Reserve Chair Janet Yellen faces two tasks when she delivers her semiannual testimony to Congress starting Tuesday: As always, she'll sketch a picture of how she expects the economy to fare in coming months and how the Fed's interest rate policy may unfold.