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"Price pressures now are in the other direction," he said in response to a question at a World Affairs Council of Dallas/Fort Worth luncheon about potential future inflation. "We have to do e ...[more]

A U.S. Labor Department analyst said on Thursday jobless claims traditionally rise during the period through mid-January, but said an additional boost that would not be smoothed out by the de ...[more]

A U.S. Labor Department analyst said on Thursday jobless claims traditionally rise during the period through mid-January, but said an additional boost that would not be smoothed out by the de ...[more]

As more domestic workers lose jobs or find their hours cut, advocates say New York may become the first U.S. state to enact a bill of rights for such workers, defined as anyone who works in a ...[more]

New U.S. housing starts and permits plunged to record lows in November, as long-standing problems in the housing market continued to weigh on the U.S. economy, a Commerce Department report sh ...[more]

"While it's a very difficult time for those in the home construction business, we won't see the housing sector recover until we reduce the inventory of unsold homes," said White House spokesm ...[more]

The Philadelphia Federal Reserve Bank reported its business activity index at minus 32.9 after a reading of minus 39.3 in November.

Any reading below zero indicates contraction in the ...[more]

The index fell by 0.4 percent to 99.0, the weakest since February 2004 when a reading of 97.8 was recorded. The index, a gauge of future economic conditions, slipped by 0.9 percent in October ...[more]

The index fell by 0.4 percent to 99.0, the weakest since February 2004 when a reading of 97.8 was recorded. The index, a gauge of future economic conditions, slipped by 0.9 percent in October ...[more]

Investors are likely to approach 2009 with a more bullish tilt given the expected continuation of the December rally, JP Morgan's chief U.S. strategist Thomas Lee wrote in a note to clients.< ...[more]