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Fed Leaves Record-Low Interest Rates Unchanged
The Federal Reserve again decided against raising interest rates from their current level near zero, citing concerns about inflation and job growth.
H-1B Visa Applications As An Economic Indicator
The demand from American companies for highly skilled immigrants seems to be up this year. And that could mean something is about to change for the overall economy.
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•
3:45
March Employment Report Shows Growth — But Disappointing Numbers
Over the past year, the economy had added more than 200,000 jobs each month. That streak broke in the most recent report, as growth dipped to just 126,000 jobs — fewer than economists had anticipated.
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•
1:52
GDP Report Is Better Than Economists Expected
Gross domestic product, or GDP, grew at an annual rate of 1.7 percent in the second quarter, compared with 1.1 percent in the previous quarter. This may mean that the economy is weathering government spending cuts without sustaining much damage.
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•
2:05
Federal Reserve Chair Throws Cold Water On Trump's Economic Plan
Janet Yellen warned Congress Thursday the timing might not be right for infrastructure spending and questioned Donald Trump's assertions that the Dodd-Frank stock market rules stifle economic growth.
Puerto Ricans Leave Island Amid Economic Woes
The tropical island and U.S. territory is starting a round of budget cuts and austerity measures to try to turn its economy around.
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•
7:55
Obama Expected To Impose New Sanctions On Russia
Aides say Obama will sign a bill authorizing new economic sanctions against Russia in retaliation for its ongoing interference in Ukraine. Russia's economy is reeling from earlier western sanctions.
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•
2:58
Federal Reserve Raises Benchmark Interest Rate
As expected, the central bank voted to increase the rate a quarter point, following its two-day meeting. Though rates are still historically low, the hike means higher borrowing costs for consumers.
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•
3:01
The Rise Of State-Controlled Capitalism
U.S. corporations face a growing threat from countries where governments control big multinational corporations and use them for political gain, author Ian Bremmer says. In China, for example, U.S. firms compete against government-backed domestic auto and aircraft manufacturers.
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5:09
Lawmakers Clash on Economic Help
As Congress returns to Washington, it's clear that the first order of business is legislation aimed at giving a boost to the economy. With many economists predicting a recession, lawmakers from both parties are proposing ways to ease the sting.
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