What if data Fed is watching is not 'dependable'?
This afternoon, the minutes from the Fed’s April meeting will be released. Will policy makers be shown downplaying weak first-quarter growth?
The biggest problem Obamacare didn’t fix
Like workers who are underemployed—holding a job but for less pay or fewer hours than they’d like—the plight of the underinsured is often overlooked by policymakers, employers and public health advocates;
Wal-Mart eyes Amazon in potentially costly e-commerce battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points. Wal-Mart’s sluggish quarterly results that were released on Tuesday highlighted the importance of growing its online business.
Larry Summers: Growth yes, but 'not inspiring'
Former Treasury Secretary Larry Summers tells CNBC he expects the economy to expand at a quicker pace than in the first quarter, but there are challenges.
Target profit rises as product revamps start to pay off
Target is reporting a 52 percent increase in its first-quarter profit on solid sales of fashion and baby items, offering evidence that its efforts to spruce up its merchandise are paying off. The retailer, …
One place in the U.S. where gas is still expensive
Gasoline is below $3 a gallon in all U.S. regions but one: the West Coast. While oil’s recent rebound boosted pump prices everywhere, California, which consumes more gasoline than New York and Florida combined, saw the biggest surge. Los Angeles drivers are paying over $4 a gallon, making it the most expensive place in the country to buy fuel.
Clinton: GOP attempt to revamp Dodd-Frank law is 'cynical'
Hillary Rodham Clinton says Republican-backed legislation revamping a financial regulation law is a “cynical attempt to game the system for those at the top.”
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Goldman: Market's going nowhere for a year
Goldman Sachs analysts believe the S&P may climb a bit higher before its ascent is over at least for the next 12 months.
US home construction surges to fastest pace since 2007
U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, providing newfound momentum for an economy that has struggled in recent months.
