Congress' Top 3 Complaints About the Slow Economic Recovery
Straight from the horse's mouth -- that of Rep. Kevin Brady, chairman of the Joint Economic Committee -- here are Congress' top three complaints about our economic recovery.
economic recovery
Durable Goods Orders Rise Sharply in April
Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign of resilience in the factory sector.
Specter of Higher Interest Rates Weighs on Markets
Fed Chairman Ben Bernanke warns the central bank could begin winding down its bond buying program later this year, adding uncertainty that's likely to weigh on markets.
Bernanke Signals Fed Will Keep Stimulus in Place
Fed Chairman Ben Bernanke tells Congress that the U.S. job market remains weak and that it is too soon for the central bank to end its extraordinary stimulus program.
Toll Brothers Profit Rises as Housing Market Rebounds
Toll Brothers posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices.
Detroit Automakers Cutting Back on Summer Factory Shutdowns
Detroit's automakers are largely forgoing traditional two-week summer breaks at their factories and speeding up production to meet buyers' demand for new cars and trucks.
Housing Recovery Boosts Home Depot's 1Q Profit
Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Americans Better About Paying Credit-Card Debt in 1Q
Americans got better about paying their credit card debt on time in the first quarter, a period when many borrowers use income tax returns to tackle their holiday season debt.
Consumer Spending Forecast to Boost U.S. Economy
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
Reading Real Estate Tea Leaves: What Housing Market Data Shows
Buying a house is the ultimate indicator of consumer confidence; building more of them is an early hint at an economic upturn. So what are the housing reports pointing to now?
Obama: Congress Needs to Focus on Job Creation
Obama pushes Washington lawmakers to focus on job creation during a trip to Baltimore to visit a manufacturer of pumping and digging equipment.
Economy Shrugging off Spring Slowdown, Reports Suggest
U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
Obama Shifts Focus to Jobs
President Barack Obama leaves behind scandal-focused Washington to focus on the country's slowly improving jobs picture.
Consumer Prices Tumble in April, Driven Down by Gas Prices
A sharp drop in gasoline costs led U.S. consumer prices to tumble in April by the most in more than four years.
U.S. Housing Starts Plummet in April, But Permits Surge
Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high.