U.S. stocks soared Friday, closing out another whiplash week, as the Dow Jones Industrial Average jumped over 200 points.
Americans are growing more confident in the economy, but they are still holding back some spending.
The Fed chief pointed to four pillars of economic opportunity that could narrow the gap.
The Dow Jones Industrial Average soared over 200 points on Friday, driven by strong U.S. economic data and corporate earnings.
The more volatile multifamily home segment led the increase.
While growth looked set to be the fastest of any major economy this year, real wages and productivity were weakest since the 19th century.
His appointment inserts a friend of Reserve Bank of India Governor Raghuram Rajan at the heart of policymaking in New Delhi.
Some market professionals think the financial markets are using Europe as an excuse for recent volatility.
Falling consumer prices, particularly in Europe, are adding to fears that inflation won't speed up and lift the world economy.
New report reveals the tech sector is hiring at half the rate of the overall private U.S. workforce.
U.S. stock futures remained under pressure on Thursday despite the government reporting better-than-expected data on the labor front.
The number of Americans seeking unemployment aid fell last week as companies hire and keep more workers, according to the U.S. Labor Department.
Merkel asked European Union leaders to consider the nervousness in financial markets about signs of a global slowdown.
India in July blocked what would have been the first global trade reform in two decades.
In some places, people are paying three times as much for ordinary foods.
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.