Despite the latest housing starts figures, homebuilders are optimistic as homebuyer demand rises.
Infrastructure in the United States is "25 years behind at least," U.S. Chamber of Commerce CEO Tom Donohue says.
Democrats insisting the government funding bill include DACA protections is not a good way to govern, Hensarling says.
U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year.
First-time claims for benefits were expected to total 250,000 in the most recent week, down from the 261,000 claims reported for the prior week.
The Trump administration is finalizing its infrastructure plan, which would push most project financing to private investment, and state and local taxpayers.
The White House said it supports a short term funding extension, though it would prefer a long-term solution.
Jim Cramer interviewed Apple CEO Tim Cook after his company's pledge to contribute $350 billion to the U.S. economy.
Homebuilders are starting the year a little less confident due to rising costs.
Travel- and retail-industry leaders are fretting about a decline in international visitors to the U.S.
U.S. industrial production increased more than expected as unseasonably cold weather boosted demand for heating.
The Swiss bank UBS has updated its call on the number of rate hikes that the U.S. Federal Reserve will announce this year.
The previous U.S. tax code and heavy regulations in the country did not give investors much confidence, UBS says.
National Retail Federation attributed growth to consumer confidence and strong employment.
The loophole involves the tax rates - 15.5 percent or 8 percent - that companies must pay on $2.6 trillion in profits they are holding abroad.
U.S. business inventories rose slightly more than expected in November and figures for the prior month were revised higher.
U.S. retail sales increased in December as households bought a range of goods and figures for the prior month were revised higher.
The U.S. Consumer Price Index was expected to rise 0.2 percent in December, down from the 0.4 percent increase a month earlier.
Robert Kaplan is president and CEO of the Federal Reserve Bank of Dallas and a voting member on the Fed's policy-setting committee.
New York Fed President Bill Dudley said that the recently passed tax cuts pose an ominous threat down the road.
The Fed's tendency will be toward safe decisions and away from anything likely to unsettle Wall Street, said David Rosenberg at Gluskin Sheff.
Two-thirds of voters call the economy "excellent" or "good," but only a third approve of President Trump's performance.
First-time claims for state unemployment benefits were expected to total 248,000 for the most recent week.
The U.S. Producer Price Index slipped 0.1 percent in December, after a 0.4 percent increase a month earlier.
More and more, Fed officials are beginning to think seriously about a dramatic change to monetary policy.
Homeowners are increasingly taking out cash to make more cash.
The Minneapolis Fed proposed a set of sweeping new regulations aimed at reducing the risk big banks pose to the economy.
The Commerce Department was expected to report a rise in November wholesale inventories on Wednesday.
U.S. import prices recorded their smallest increase in five months in December and underlying pressures were muted.
The latest FOMC projections indicate three rate hikes for 2018, but markets have only priced in two increases.