The US economy's second quarter went from solid to stellar

WASHINGTON (AP) -- The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.

Market turmoil makes September rate hike 'less compelling': Fed's Dudley

NEW YORK (Reuters) - An interest rate hike next month seems less appropriate given the threat posed to the U.S. economy by recent global market turmoil, an influential Federal Reserve official said on Wednesday.

What Crisis? Stronger Banks, Economies Ease Fear Over Greece

The prospect of a Greek crackup isn't so terrifying anymore.

IMF: Fed shouldn't raise rates until 2016

The International Monetary Fund wants the Federal Reserve to wait until 2016 before it raises its interest rates off their historic lows.

Dollar's rise natural given relative strength of U.S.: Fed's Rosengren

(Reuters) - Boston Federal Reserve bank President Eric Rosengren said the rise of the dollar against currencies like the yen and euro reflects the strength of the U.S. economy and doesn't indicate a currency war is developing.

U.S. small business, jobs data bolster growth picture

(Reuters) - The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/2 years in May and the number of jobs available rising to pre-recession levels in April.

Economy needs to tighten up before rates can rise: Fed's Powell

(Reuters) - Federal Reserve Governor Jerome Powell said on Friday that he wanted to see signs that the U.S. economy was tightening up before before interest rates could be raised.

Fed's Bullard: Financial Stability Concerns Loom Large

HONG KONG – St. Louis Federal Reserve Bank President James Bullard said Thursday that the key risk for U.S. economy would be a bubble forming as the central bank removes monetary-policy accommodations, while he also raised concerns about financial stability in the U.S. economy.

White House has optimistic growth forecast for 2014, 2015

(Reuters) - The White House on Monday forecast more robust economic growth in 2014 than last year and a further pickup in the economy for 2015.

Yellen nods to cold weather, says unclear impact on economy

(Reuters) - Federal Reserve Chair Janet Yellen said on Thursday the central bank would be on alert to make sure recent signs of weakness in the U.S. economy are due to cold weather and storms, and not signals of a more fundamental slowdown.

Roubini, The Oracle Of 2008, Sees No Bubbles In The U.S. Financial Markets

The brilliant Nouriel Roubini, the swashbuckling NYU economist who predicted the disastrous credit and housing bubble in the U.S. during 2008, told me yesterday he sees “frothiness” not a bubble in some sectors of the U.S. bond market and in the housing markets of 17 foreign nations like Switzerland, Sweden, Norway, Hong Kong, Indonesia, China and Brazil that could become “outright bubbles” someday if they are not reigned in.

IMF warns that any US default on its debt obligations would imperil global economy

WASHINGTON — A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday.

New jobs disproportionately low-pay or part-time

WASHINGTON (AP) -- The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were part-time or low-paying — or both.

US hiring slows in July but jobless rate falls to 4-yr low

WASHINGTON: US employers slowed their pace of hiring in July but the jobless rate fell anyway, mixed signals that could make the U.S. Federal Reserve more cautious about drawing down its huge economic stimulus program.

Stocks drop back on mixed US jobs figures

LONDON (AP) — A mixed U.S. jobs report took the edge off global stock markets Friday as it raised questions over the pace of growth in the world's largest economy and when the U.S. Federal Reserve will start reducing its monetary stimulus.

Investors flee commodities in June as Fed signals end to stimulus

LONDON: Investors sold out of commodity exchange-traded products (ETPs) in June after the U.S. Federal Reserve signalled it would wind down its economic stimulus programme, pushing up real interest rates and making gold less attractive.

EU to start trade talks with US despite scandal

BRUSSELS: The European Union confirmed Tuesday that free-trade negotiations with the United States should kick off as planned next week, despite widespread concerns over the alleged eavesdropping of EU diplomats.

Banking union a priority for Lew in Europe

BRUSSELS (Reuters) - Europe's economic weakness and financial turmoil affect the U.S. economy, U.S. Treasury Secretary Jack Lew told EU leaders on Monday, stressing the need to boost demand and move ahead with a euro zone banking union.

Analysis: Even brief spending cuts could hit U.S. economy hard

WASHINGTON (Reuters) - The U.S. economy could take a big hit from automatic government spending cuts even if Congress only leaves them in place for a month or two.

Looser bank buffer rules no panacea for Europe woes

FRANKFURT/LONDON (Reuters) - A move by global regulators to give banks more time and flexibility to build up cash reserves will do little to support a recovery in Europe, where recession-hit companies and households have scant appetite for more debt.