WASHINGTON - The Obama administration warned Congress on Thursday that the government could run out of borrowing authority needed to help pay its bills as soon as February if lawmakers do not swiftly raise the federal debt ceiling.
WASHINGTON - U.S. home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle in an otherwise brightening economic picture.
WASHINGTON - The number of United States jobs is forecast to increase by 10.8 percent in the next decade, with fastest growth in the healthcare sector as it serves an aging population.
WASHINGTON - A gauge of future U.S. economic activity marched higher in November, suggesting the recovery continues to gain steam.
NEW YORK - U.S. financial planning groups are launching an effort to develop new state regulations for their industry, three years after a similar effort failed at the federal level.
WASHINGTON - The U.S. Federal Reserve said on Thursday banks do not need to sell certain securities immediately under the Volcker rule, but instead have until July 2015 to decide if the investments comply with the new rules.
- Dallas Federal Reserve Bank President Richard Fisher didn't comment on monetary policy or the outlook for the national economy in remarks prepared for delivery to the Dallas Breakfast Group on Thursday, focusing instead on the strength of the Texan economy.
NEW YORK - Growth in factory activity in the U.S. mid-Atlantic region rose slightly in December following a sharp slowing in November, a regional Federal Reserve gauge released on Thursday showed.
WASHINGTON - The Federal Reserve on Wednesday embarked on the risky task of winding down the era of easy money, saying the U.S. economy was finally strong enough for it to start scaling down its massive bond-buying stimulus. | Video
DETROIT - The judge overseeing Detroit's bankruptcy case on Wednesday suspended a hearing on a $350 million accord to end interest-rate swaps and provide working capital for the city, instead urging the city to renegotiate the deal.
NEW YORK, Dec 19 - Standard & Poor's on Thursday raised its sovereign long-term foreign currency credit rating for Mexico by one notch to BBB-plus days after the country approved the biggest shake-up of its energy sector since 1938 in a bid to boost growth.