Consumer confidence extended its rebound in May, soaring to the highest level since last September as more shoppers are feeling the worst of the recession is behind them. The Conference Board said Tuesday that its Consumer Confidence Index, which had dramatically increased in April, zoomed past economists ...

The Federal Reserve is likely to maintain its aggressive efforts to lift the US economy out of deep recession but also seek to lay the groundwork for a potential recovery, analysts say. The Federal Open Market Committee, which opens a two-day meeting on Tuesday, is likely to signal no change in policy since its March gathering, when it added over ...

Employment in the United States outside the agricultural sector dropped for the sixth month in a row in June, the worst run of such figures since 2002. The US Labor Department said non-farm payrolls dropped by 62,000 last month, bringing the number of jobs lost so far this year to 438,000. Both May and April's count were ...