News Headline Articles

FBI Investigates High-speed Stock Trading Firms

The Federal Bureau of Investigations is looking into high-frequency stock trading firms, adding to the scrutiny being placed on the practice.

U.S. Manufacturing Picked Up in March

U.S. manufacturing accelerated in March compared with the month prior as factory output recovered from severe winter weather. Manufacturers received more orders as well, suggesting that production could strengthen in the months ahead.

U.S. Home Prices Rose in Feb. Despite Weak Sales

U.S. home prices rose in February from a year earlier at a solid pace, suggesting that tight inventory is boosting prices in spite of slowing sales.

Stocks Head Higher for a 3rd Day

Stocks are moving higher for a third day running in morning trades, putting the Standard & Poor's 500 index back at a record high.

States Consider Tax Cuts as Recovery Kicks In

At least 30 states are considering tax cuts as the economic recovery takes hold -- but some states are having to decide whether to raise taxes.

Debate Heats Up Over Buying Power of Minimum Wage

The federal minimum wage has been below what's needed to keep a family of three out of poverty for nearly 35 years, and is well below its peak buying power half a century ago -- but there's no objective answer on what to do about it.

Yellen Sends Reassuring Message to Investors

Federal Reserve Chair Janet Yellen made clear Monday that the U.S. job market will need the help "for some time," reassuring investors that the Fed won't raise short-term interest rates anytime soon.

Tuition Tracker Database Shows Climbing College Costs Hitting Poor Students the Hardest

Just about everybody knows that college has gotten more expensive, but a comprehensive new analysis reveals that those costs are rising faster for some -- mainly the poorest families who already face huge hurdles to higher education.

Health Law Legacy Eludes Obama as Changes Set In

As the final deadline comes Monday to sign up for healthcare or face a penalty, major elements of the Affordable Care Act face an uncertain future.

Consumer Spending Indicates U.S. Economy Thawing

U.S. consumer spending increased in February as incomes rose, indicating the economy may be heating up after an unusually severe winter.

Unemployment Dropped, Hiring Rose in February

Unemployment rates fell in 29 states in February and 33 states reported job gains, evidence that most of the country is seeing a slow but steady improvement in the job market.

Stocks Up as U.S. Consumer Spending Rises

After two down days, stocks were moving up in early trading Friday following news that U.S. consumer spending rose at its highest level in three months in February.

Senate OKs Contreras-Sweet to Head SBA

The Senate easily approved President Obama's choice of Maria Contreras-Sweet, who founded a Hispanic-owned bank in Los Angeles, to head the Small Business Administration.

U.S. GDP Revised Higher on Consumer Spending

The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter as consumer spending rose at the fastest pace in three years, with a further rebound expected once warmer weather appears.

First-time U.S. Jobless Claims Dip to 4-month Low

The number of people seeking U.S. unemployment benefits fell 10,000 last week to a seasonally adjusted 311,000, with the four-week average falling to 317,750, the fourth straight drop and the lowest level in six months.

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