| Oct 30, 2013
| 5:58 PM
WASHINGTON — The Federal Reserve kept intact its large-scale campaign to stimulate the economy, saying it was awaiting more evidence of sustainable progress in the recovery.
Although the Fed's decision Wednesday to hold the line on its monthly...
| Nov 26, 2013
| 7:57 PM
Home prices across the U.S. are showing signs of slower growth, but a recent upswing in new construction plans is injecting the market with optimism that the housing recovery has more momentum left.
Building permits for new homes jumped 6.2% in...
| Nov 30, 2013
| 7:10 PM
U.S. retailers eked out a 2.3% sales gain on Thanksgiving and Black Friday, in line with a prediction for the weakest holiday results since 2009.
Sales at bricks-and-mortar stores on Thanksgiving and Black Friday increased to $12.3 billion, according to...
| Dec 4, 2013
| 5:00 AM
When a train derails and people die, as happened Sunday in New York, there are going to be lots of questions. Eventually, there will be answers to most. But will anyone be able to answer this question: How much are the lives of train passengers worth?...
| Dec 4, 2013
| 5:38 PM
WASHINGTON — The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again — and accelerating into the new year.
Recent data, especially this week, have...
| Dec 9, 2013
| 6:43 PM
WASHINGTON — American households have regained almost all of the wealth lost during the Great Recession, thanks to surging stock prices and recovering home values.
Total household net worth — assets minus liabilities — expanded 2.6%,...
| Sep 16, 2013
One of the biggest pieces of business Congress has yet to resolve is the farm bill, legislation that has enjoyed bipartisan support for decades. Unfortunately, the process to reauthorize this crucial bill has taken a sharp and disheartening turn this...
| Sep 24, 2013
| 1:03 PM
WASHINGTON -- A federal government shutdown or a failure to raise the debt limit -- both of which could happen next month -- would disrupt financial markets and hurt the U.S. economy, Moody's Investor Services warned Tuesday.
A stalemate over increasing...
| Sep 24, 2013
| 5:52 PM
The pace of home price gains appears to be slowing nationally, even as metropolitan markets posted strong year-over-year increases in July, according to a leading index.
Home prices rose 1.8% over June and 12.4% compared with a year earlier, according...
| Sep 30, 2013
| 6:19 PM
WASHINGTON — The last time the federal government shut down, for three weeks in the winter of 1995-96, the American economy felt a jolt but recovered quickly.
Things don't look anywhere near as promising this time around.
The nation is currently...
| Oct 1, 2013
| 8:23 PM
WASHINGTON — The effect of the partial government shutdown began hitting businesses Tuesday, with the potential for bigger problems if federal agencies remained closed more than a few days.
A budget stalemate left many agencies with no money,...