White House-backed legislation to extend emergency jobless benefits for the long-term unemployed unexpectedly cleared an initial Senate hurdle on Tuesday, but the bill's fate remains in doubt.
The U.S. trade deficit fell in November to its lowest level in four years, an encouraging sign for economic growth, as gains in energy production and stronger sales of American-made airplanes, autos and machinery lifted exports to an all-time high.
Although the declines for stocks in the New Year have been modest, the S&P 500, the Dow and the Nasdaq composite are settling from monumental peaks in 2013. There are some bright spots, however.
The U.S. Senate is expected to vote Monday evening on a 3-month extension of a program providing extra unemployment benefits to 1.3 million Americans.
Factory orders climbed in the U.S. in November, led by a surge in aircraft demand and business spending on machinery, computers and other long-lasting goods, a sign of investment that could fuel economic growth.
Federal Reserve Chairman Ben Bernanke, in perhaps his final press conference as Fed chairman, predicted a stronger year for the U.S. economy in 2014, saying several factors that have held back growth appear to be abating.
Taxpaying residents in states expanding Medicaid coverage to accommodate the sweeping 2010 healthcare reform law could see a return on their investments of as much as $5.11 for every additional dollar in income taxes they'll pay to fund the Affordable Care Act, a WalletHub.com report found.
Ben S. Bernanke said the U.S. economy has improved considerably since the 2008 financial crisis, but the recovery has a way to go.
The U.S. Supreme Court could act as early as Friday on pending requests for injunctions in two separate, high-profile cases that put Justice Sonia Sotomayor in an unusually pivotal role.
How many Hispanic voters does the Republican Party need to attract before it can regain the Oval Office?
Stock futures are following markets overseas higher in morning trading, with U.S. automakers putting out some strong year-end sales numbers.
Millions of previously uninsured Americans now have health coverage -- but experts say we also need to watch how the law will affect elections, what the states will decide about Medicaid expansion and what insurers will do to react to their quickly changing demographics.
The stock market put in a stellar performance in 2013 -- the best since the 1990s -- and investors are betting that a detente in Washington's fiscal wars will allow the U.S. economy to pick up some steam in 2014.
The number of Americans seeking jobless benefits dipped 2,000 last week, evidence that layoffs are low and hiring will likely remain steady. The average was driven up in recent weeks by spikes that reflected seasonal volatility around the Thanksgiving and Christmas holidays.
Weekly jobless claims dropped slightly in the week ending Dec. 28, the the Bureau of Labor Statistics said.