U.S. Economy Barely Grew in First Quarter

The American economy slowed drastically in the first quarter of 2014, as wintry weather depressed corporate spending and housing sector activity, while smaller additions to inventories by farmers and businesses also held back growth.

Downside of low inflation: A weaker global economy

WASHINGTON (AP) — What the global economy could use right now is a dose of higher prices, though that might be unfathomable to people who still bear scars from the double-digit inflation of the 1970s.

Top Fed officials zero in on next policy steps

(Reuters) - The U.S. Federal Reserve, having just reduced its bond-buying program, now appears deep in debate over the best way to unwind its extraordinary stimulus in the months and years ahead.

Unemployment falls in 40 US states, rises in 3

WASHINGTON (AP) — Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November.

US industrial production drops 0.4 percent

WASHINGTON (AP) — Superstorm Sandy depressed U.S. industrial output in October, the latest indication that the storm could temporarily slow the economy.

Weak U.S. Hiring Adds to Global Gloom

The United States economy gained a net 69,000 jobs in May, the Labor Department said Friday, a dismal showing that reflected mounting evidence of a global slowdown.

First-time unemployment claims climb

NEW YORK (CNNMoney) -- After plunging the week before, first-time claims for unemployment benefits ticked up last week.