Economy

New York City lost fewer jobs and recovered faster than the rest of the country from the Great Recession, according to a first-of-its-kind study released Monday by New York City Comptroller Scott Stringer.

A disconnect exists between actual spending and the high confidence levels seen in consumer surveys, Federal Reserve Bank of Atlanta President Raphael Bostic said in an interview published Thursday.

The June Federal Open Market Committee meeting should be live, Federal Reserve Bank of Philadelphia President Patrick Harker said.

The federal government ran a $182.4 billion surplus in April, the Treasury Department reported Wednesday.

Income expectations rose, but consumers expect to spend less, according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Trump's decision to renegotiate a major trade agreement is an unsure path

President Donald Trump’s budget numbers don’t add up and his tax and spending plans are likely to lead to bigger deficits and higher interest rates, said former Federal Reserve Chairman Alan Greenspan.

First quarter GDP growth rose only 0.7% at an annual rate in the advance estimate, a softer reading that the 1.2% gain expected.

The Federal Open Market Committee meets May 2-3. Here's what you need to know about voters' recent statements.

GDP and profits are expected to continue growing, a study out Monday shows.