US Economy

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An employee arranges flat screen television inventory at the ABT Inc. warehouse in Glenview, Illinois.

A gauge designed to predict the economy’s future health rose in September, reversing the prior month’s sluggishness amid a broad-based pick up in economic activity. The Conference Board says its index of leading indicators rose 0.8 percent last month, the eighth straight increase. But that was much slower than the revised 1.1 percent gain in …

Sean Gallup | Getty Images

Here’s where a $40 billion trade deficit comes in handy. Because the U.S. has such a sharp imbalance between what it imports and exports, expected global weakness ahead likely won’t have a severe effect on domestic economic growth, according to a report this week from Goldman Sachs economists. In fact, Goldman held firm to its …

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How many bottles of water go in that beer on the wall? A lot. “Beer has to have water,” said Luis Cayo, general manager for the Anheuser-Busch brewery in Los Angeles, which has survived many droughts over the last 60 years. “The amount of water in a standard can of beer is about 92 percent.” This …

George Rose | Getty Images
Sierra Nevada Mountains near Lake Tahoe

It seems like a sin of nature that trees may be adding to the misery of California’s extreme drought. But that may be the case, according to researchers from the University of California. The problem is with forests that have grown denser with trees and brush over time in California’s Sierra Nevada mountains. What’s good …

Scott Mlyn | CNBC

If there’s one thing we can take away from this week’s stock market dive that sent the Dow down more than 866 points and 5 percent in five days, it’s that American’s are feeling a little jittery. After five years of economic uncertainty, it finally feels as if things are back on track, yet many …

Deflation concerns

The potential for deflation is grabbing the attention of central bankers from around the globe. What exactly is deflation and why are experts worried? Steve Liesman explains.

David Paul Morris | Bloomberg | Getty Images
Mark Cuban

Instead of taxes, jobs or government spending billionaire investor Mark Cuban said tackling the $1 trillion student debt crisis would be most effective in saving the U.S. economy. The burden of loans is curtailing college graduates’ purchasing power that could stimulate the economy, Cuban said at Inc.’s GrowCo conference. “That’s the same money that, when …

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Copies of President Barack Obama’s proposed budget plan for fiscal year 2014 are on display at the U.S. Government Printing Office in Washington.

For the moment, it looks like the government is doing a better job managing the way it spends your tax dollars. But with interest rates expected to start rising soon, the good news is only temporary. The level of government overspending—usually referred to as the budget deficit—fell by nearly a third during the fiscal year …

How Americans view the U.S. economy

A new survey suggest the economic recovery in the U.S. still has a long way to go and Americans may be tired of waiting.

Andrew Harrer | Bloomberg | Getty Images
Janet Yellen

The Federal Reserve may go from moving the goal posts to removing them altogether when it comes to setting interest rate expectations. Those goal posts have come in the form of economic numbers—more specifically, 6 percent unemployment and 2 percent inflation—that, if hit, would trigger interest rate increases. But many central bank watchers agree that …

Ebola and the economy

Could the fear factor surrounding the Ebola virus hurt the U.S. economy?

Daniel Acker | Bloomberg | Getty Images

Booming U.S. car sales and a push by private equity investors are creating a renaissance in the market for auto loan-backed securities. Corporations like Apple, Google and 3M as well as institutional and insurance-industry investors have been looking for the promise of steady yields in exchange for limited risk. But a panoply of investigations into lending practices for so-called subprime, …

Scott Mlyn | CNBC
Shoppers looking at new iPhone 6 and iPhone 6 Plus models at an Apple store in New York.

U.S. consumers turned pessimistic on the economic outlook in September, according to data from The Conference Board, bringing a four-month win streak to an abrupt halt. The organization said Tuesday its gauge of consumer sentiment tumbled to 86 in September from 93.4 in the previous month, with expectations also falling sharply, to 83.7 from 93.1. Economists …

Hank Greenberg challenges AIG bailout

Six years after the government decided to put together a record bailout for AIG, the insurance company’s former CEO, Hank Greenberg is challenging the legality of that decision.

Fed’s Evans urges caution on interest rates

Chicago Federal Reserve President Charles Evans, is urging caution about raising benchmark interest rates too soon.