Investors took advantage of lower prices to buy stocks, lifting the U.S. market on Tuesday in relatively light trading.
The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Obama took office five years ago, a congressional report said Tuesday.
The Congressional Budget Office said Tuesday the Affordable Care Act would reduce employment by about 2.3 million jobs over 10 years.
Asian stock markets took a hit following Monday's sell-off on Wall Street and Treasury Secretary Jack Lew's warning to Congress not to play chicken with the debt ceiling.
The Dow Jones eased three points to 15,368 shortly after the market opened on Tuesday. The S&P rose three points, or 0.2 percent, to 1,745, and the Nasdaq gained 10 points, or 0.3 percent, to 4,007.
U.S. stocks plunged Monday with major boards down at least 2 percent on Wall Street as some investors went for profits and economic data looked weak.
Perhaps no issue is more vexing for House Republicans than their looming, unavoidable responsibility to raise the debt ceiling.
U.S. Treasury Secretary Jacob Lew says he will start using emergency measures to keep the country from defaulting on its debt.
Janet Yellen has been sworn in to succeed Ben Bernanke at the Federal Reserve, becoming the first woman to lead the U.S. central bank in its 100-year history.
U.S. President Barack Obama, in his weekly radio and Internet address, delivered what he called the "3-minute version" of his State of the Union speech.
The bull market that began in March 2009 has had a few stumbles, putting the recent decline in perspective. Here's the lowdown on setbacks and slides during the present bull run.
January's global stock sell-off has left many small investors more puzzled than panicked, and unsure how to act.
U.S. consumer spending rose 0.4 percent in December despite incomes that remained statistically flat, the Commerce Department reported Friday.
As Fed chief Ben Bernanke shuts the door to his office for the last time tomorrow, he can say he took actions that were the first or the biggest of their kind in the central bank's 100-year history. Some will probably also be the last of their kind.
The U.S. economy expanded at 3.2 percent in the fourth quarter of 2013 on strong personal consumption and exports, both of which hit three-year highs, the Commerce Department reported Thursday.