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Consumer Confidence Rebounded Sharply in April

U.S. consumers confidence jumped in April as Americans are increasingly optimistic about the economy and prospects for the labor market.

Stocks Soar, So Do Treasury Prices; What Gives?

What was particularly odd about Monday's rally, which powered the Standard & Poor's 500-stock index to another record high, was that the yield on the 10-year Treasury note plunged to its lowest level of the year. That means bond prices rallied, too.

Personal Income Rose in March, but Less Than Hoped

Personal income rose less than expected in March yet consumer spending was up -- though it, too, was less than expected, the Commerce Department said Monday -- delivering a mixed message to start the week.

Pending Home Sales Inched up in March

The U.S. Pending Home Sales Index rose slightly in March from February, the National Association of Realtors said Monday. The long-term outlook shows gains will be modest.

U.S. Consumer Spending Beat Expectations in March

Consumer spending climbed up 0.2 percent in March, exceeding expectations, the U.S. Commerce Department said Monday.

Obama Looks for the Positive in Latin America Trip

President Barack Obama is to travel this week to a Latin America that Washington no longer sees as merely a source of trouble with drug trafficking and other security issues.

Dzhokhar Tsarnaev Entitled to a Lawyer?

The FBI and the rest of a crack U.S. interrogation team wanted to question the remaining marathon bombing suspect in his Boston hospital room without his lawyer, but how do you get around the U.S. Supreme Court's Miranda requirements?

Obama: Replace 'Dumb' Sequester Cuts

President Barack Obama said Saturday Congress should replace "dumb" federal spending cuts before the so-called sequester "causes further damage."

Markets Closed Mixed on Friday

U.S. stocks closed mixed on Friday after a lower-than-expected reading on the economy. S&P snapped a winning streak, while the Dow was up 11.75 points.

Merkel Faces Backlash From Austerity Drive

German Chancellor Merkel is facing a challenge to her tough line on fiscal austerity as unemployment keeps rising and the eurozone faces a prolonged recession.

Consumer Confidence Dips in April, Picks Up Again

Consumer confidence dropped this month amid discouraging economic news, but scooted up again in recent days despite the Boston Marathon bombings, according to a leading private barometer.

Cyprus Relaxes Controls on Capital Movement

Cyprus on Friday eased restrictions on capital controls, but individuals would still only be able to withdraw a maximum of 300 euros a day.

Speculative Credit Quality Remains Strong: Fitch

Credit metrics of speculative grade issuers have stabilized and show signs of plateauing, according to the latest installment of Fitch Ratings' 'Leveraged Finance Stats Quarterly -- Fourth Quarter 2012.'

U.S. Economy Grows 2.5 Percent in First Quarter

The US economy grew at an annualized rate of 2.5 per cent in the first quarter, a government estimate showed Friday. However, the increase was less than the 3 per cent gain many analysts had expected.

Finding the Silver Lining in the Fall of Gold

Gold was the word on the world's lips as the price collapsed by nearly 14 percent last week -- the fifth-steepest slump since records began in 1920, according to Deutsche Bank. So what happened?