U.S. deficit to dip in 2015 as era of dramatic declines ends: CBO

(Reuters) - The U.S. budget deficit will decline slightly to $468 billion this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink.

Fed may hike rates even in absence of inflation pickup: Lockhart

(Reuters) - Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday the central bank may begin raising interest rates even if inflation is not clearly rising to its 2 percent target.

Jobless Claims in U.S. in Past Month Drop to Eight-Year Low

Fewer Americans filed applications for unemployment insurance benefits over the past month than at any time in more than eight years, signaling employers are hanging on to workers as demand improves.

Dollar Gains on Accord to Reduce Tension in Ukraine

The dollar strengthened for a fifth day against a basket of major peers as an agreement to start de-escalating the conflict in Ukraine sent stocks higher and pushed Treasuries down the most in a month.

Private sector jobs finally back to 2008 peak, but...

After a winter slowdown, the job market hit a milestone in March as the private sector finally recovered all the jobs lost in the 2008 financial crisis.

American Consumers in 2013 Most Upbeat Since Before Recession

American consumers in 2013 were more upbeat than at any time in the previous six years as views on the economy, finances and the buying climate improved.

Economy in U.S. Expanded at a 2.5% Annual Rate Last Quarter

The economy expanded at faster pace in the second quarter from the previous three months, a sign the U.S. was weathering federal budget cutbacks and higher taxes.

Fed's dovish turn leaves Wall Street economists mulling taper timing: poll

(Reuters) - The Federal Reserve's surprise move on Wednesday to postpone the start of the wind down of its monetary stimulus of the U.S. economy has left Wall Street economists puzzled about the central bank's next move.

Fed policy under fire at Jackson Hole conference

(Reuters) - What a difference a year makes. Federal Reserve Chairman Ben Bernanke used the 2012 meeting in Jackson Hole as a platform to make his case for a third round of bond buys.

Asia stocks up on data showing stronger US economy

BANGKOK (AP) -- Asian stock markets staged a modest recovery Wednesday, boosted by strong data releases that portray a U.S. economy on the upswing.

U.S. Urges Japan to Refrain From Competitive Yen Devalue

The U.S. Treasury Department said it will press Japan to refrain from competitive devaluation while stopping short of accusing it of manipulating the yen in a report on exchange rates.

US economy expands at 0.4 percent rate

WASHINGTON (AP) — The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. However, there is hope that growth accelerated in early 2013 despite higher taxes and cuts in government spending.

World stocks flat ahead of US production data

BANGKOK (AP) — World stock markets mostly refrained from big moves Friday as traders waited for a report on U.S. industrial production.

Fed officials see brighter global economic outlook

(Reuters) - Two top Federal Reserve officials painted a picture of cautious optimism on Friday for the U.S. economy in 2013, helped by stronger global growth as the central bank aggressively prints money to curb the nation's lofty rate of unemployment.

"Fiscal cliff" drag on economy less than feared so far

WASHINGTON (Reuters) - The U.S. economy showed surprising signs of resilience in November despite the approach of the so-called fiscal cliff as consumer spending rose by the most in three years and a gauge of business investment jumped.

US economy grew at 2.7% rate in summer

WASHINGTON — The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought.

If US goes over fiscal cliff, dollar could fly

NEW YORK: In times of trouble, investors tend to flee to the comfort of the U.S. dollar -- even when the trouble is emanating from the United States.

Five reasons the economy may be about to boom

Roger Altman, a former deputy Treasury secretary and a co-founder of the investment firm Evercore partners, thinks the U.S. economy could be on the verge of an unexpected boom.

IMF director says global recovery very fragile

WASHINGTON (AP) — The managing director of the International Monetary Fund said Tuesday that the global economy is making some advances in digging itself out of a punishing recession, but that the recovery remains very fragile, especially in Europe.

G20 GDP growth slowed in Q4 to 0.7 per cent, says OECD

PARIS: Gross domestic product growth in the Group of 20 economic powers slowed in the final three months of 2012 to 0.7 percent from 0.9 percent in the previous quarter, the Organisation for Economic Cooperation and Development said on Wednesday.