Economy News
Topics also related to Economy:
Retail sales point to underlying strength
WASHINGTON - Retail sales picked up last month after a sluggish December, providing a firm foundation for the economy's recovery. | Video
Fed could hike interest rates before late 2014: Reuters poll
WASHINGTON - There is a good chance the Federal Reserve will raise interest rates before the end of 2014, according to a Reuters poll which also showed a significant minority of economists still expect a further easing of monetary policy in coming months.
Obama "hopeful" on payroll tax cut extension
WASHINGTON - President Barack Obama said on Tuesday he had seen "hopeful signs" that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
Obama plan would end dozens of business tax breaks
WASHINGTON - The Obama administration's corporate tax reform plan would end "dozens and dozens" of tax breaks, Treasury Secretary Timothy Geithner said on Tuesday as he defended the White House's election-year call for higher taxes on the wealthy.
Fed's Kocherlakota sees drop in jobless rate
- The U.S. economy will pick up speed this year, pushing unemployment down to 7.7 percent by the end of this year and to 7 percent by next year, a top Federal Reserve official said on Tuesday.
Some at Fed eye the gas pedal, others the brake
NEWARK, Delaware - Federal Reserve policymakers are turning to cars to illustrate just how split they are over what if anything to do about the U.S. economy, with some eying the brake pedal and others the gas.
Small-business confidence rises for 5th month
WASHINGTON - Confidence among small U.S. business owners rose for the fifth straight month in January and many are having trouble filling vacant positions, according to a survey released on Tuesday that added to signs the economic recovery is strengthening.
After "lemming" exodus, manufacturers look to U.S.
WASHINGTON - Big U.S. manufacturers moved their production out of the country too quickly over the past decades and now see a competitive advantage in building up their footprints back home, top executives said on Monday.
U.S. growth won't be strong this year: Fed's Williams
CLAREMONT, Calif - U.S. economic growth is likely to remain slow this year, San Francisco Fed President John Williams said on Monday, despite recent stronger data on the jobs market.
Fed's Williams says could be "pretty strong" case for QE3
CHICAGO - There would be a strong case for the U.S. Federal Reserve to undertake a third round of quantitative easing, or QE3, if there was no improvement in current economic conditions, a top Fed official said on Monday.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 12,878.28 |  +4.24 |
+0.03% |
| S&P 500 | 1,350.50 |  -1.27 |
-0.09% |
| NASDAQ | 2,931.83 | +0.44 |
+0.02% |
| TR US Index | 123.15 | -0.15 |
-0.12% |
Sector Summary
| Energy | -0.12% |
| Basic Materials | +0.43% |
| Industrials | +0.56% |
| Cyclical Goods & Services | +0.70% |
| Non-Cyclical Goods & Services | +0.08% |
| Financials | +0.80% |
| Healthcare | -0.06% |
| Technology | +0.12% |
| Telecoms | +0.17% |
| Utilities | +0.00% |
Fed hasn’t silenced markets, Williams says
John Williams, president of the San Francisco Fed, disputes the notion that the central bank's aggressive monetary easing has muted market signals on rates.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
