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How do average Americans feel about the economy and the stock market?
Steve Liesman takes a look at how lower gas prices are impacting consumer spending.
Steve Liesman speaks with Ben Bernanke in a rare interview since the former Federal Reserve Chairman left his post.
Sweetwater, Texas, 225 due west of Dallas, made its mark in the late 1800s as a railroad hub. Today, it’s known for the power of wind that blows in off the prairies. Sweetwater is the county seat of Nolan County, home to 1,371 turbines, according to Sweetwater’s Chamber of Commerce. It is also home to …
With the jobs report coming in weak, many are looking to the transport sector for clues about the health of the economy.
The weak jobs report may change the timing of a possible interest rate hike by the Federal Reserve.
Fewer jobs than expected were created last month, raising concerns about the economy.
The U.S. economy created 142,000 jobs in September, a number that missed expectations and could cool expectations that the Federal Reserve will start raising interest rates soon. Unemployment held at 5.1 percent, according to the Labor Department. A separate member that includes those who are working part-time for economic reasons or have not looked for …
Is the largest state economy, which was hardest by the recession, roaring back to life?
The historic visit this week by Pope Francis is expected to generate huge turnouts at multiple events in three cities, offering the chance for a once-in-a-lifetime spiritual boost for millions of faithful Catholics. Some are also predicting an economic boost for the cities hosting the pontiff’s visit. With millions of the faithful expected to flock …
The last time Adawn Wood saw her home and winery was a week ago, in the rearview mirror of her open-air Jeep as she fled for her life. “Everybody was screaming and yelling,” she said. Flames were racing down the mountains toward her property outside Middletown, California. “It started to sound like a freight train …
Here we go again. A possible U.S. government shutdown this Friday has once again raised the prospect of throwing federal agencies into chaos, costing taxpayers billions of dollars in lost government productivity, along with a wide range of interruptions that will put a damper on billions more in business and personal financial transactions. While the …
Steve Liesman explains the Federal Reserve’s outlook for slow economic growth.
A rate hike will come and the bull market will stumble, bond yields will climb and the economy will slip into a recession. This we know. What we don’t know is how long all of that will take and how long it will last. For the economy specifically, history offers little guide about timing. A …
The economy looks a lot different today than it did last time the Federal Reserve hiked rates nearly a decade ago. Steve Liesman compares then and now.