Double-digit annual returns for most U.S. public pension systems have done little to shrink the yawning deficits facing many of them after a decade of inadequate funding.
U.S. job growth rose more than expected in February, which could ease fears of an abrupt slowdown in economic growth.
U.S. hiring likely picked up in February, but the size of the gain is nevertheless expected to be modest as the economy struggled with unusually severe winter weather.
As competition for low-wage jobs that don't need college degrees has grown, it's meant higher unemployment and lower wages for those with less education.
Federal Reserve Chair Janet Yellen vows to "do all that I can" to boost a U.S. economy where unemployment is too high and inflation is too low.
In his first speech since leaving the Fed, Bernanke said he regrets inadequately explaining how preserving the big financial firms ultimately helped the average American.
Fed Chair Janet Yellen is 2-for-2 as far as investors are concerned, and the S&P 500 on Thursday finally found the momentum to crack its previous record close.
A day after the Lehman bankruptcy, Bernanke and Yellen expressed concern about weaknesses in the economy, newly released transcripts show.
The budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Obama took office five years ago.
If Tuesday's State of the Union address had a familiar ring to it, it's because the list of initiatives President Obama proposed was little changed from last year's speech.
Odysseas Papadimitriou, CEO of CardHub and WalletHub, makes some predictions about the outlook for the stock market, credit card debt, Obamacare, and the U.S. economy.
You've heard the story: U.S. businesses have been raking in epic profits, then stashing them away instead of putting them to work to grow the economy. But there's more to it.
Job creation last month was shockingly weak, but analysts couldn't really explain why -- other than to blame the weather -- which left investors unsure how to react Friday.
Based on most key numbers, 2013 was a banner year for the U.S. economy, but consumers aren't buying it. Why is there such a disconnect between Wall Street and Main Street?
Stocks rallied again on Friday, completing one of the market's best weeks of 2013. The rally is tied to growing signs the pace of U.S. economic growth is finally picking up.
Fed talks will drive markets this week as the FOMC meets to consider when to begin tapering its economic stimulus program. A taper now could extend the market's bearish trend.
Investors avidly awaiting signs that the Federal Reserve is ready to reduce its monthly stimulus may find that the news already has passed them by.
U.S. job openings and overall hiring both reached five-year highs in September, signaling steady improvement in the job market.
The Senate Banking Committee has approved Janet Yellen's nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final vote.
Fewer Americans will travel during the Thanksgiving holiday weekend as economic uncertainty in a sluggish recovery curbs travel plans, AAA says.
Mixed messages from the Federal Reserve about when it will taper its monetary stimulus program have sent markets into a tailspin -- again.