The minimum wage debate doesn’t offer us any consensus that asserts Obama is right.

A recent Bloomberg survey of 76 economists found that American households increased spending by the highest amount in the last five months.

It seems economists in the United States may be consulting their own “Magic 8-Ball” to figure out why the American economy isn’t stronger.

Applications for U.S. unemployment benefits jumped last week from an almost three-month low, showing the challenge in adjusting the data amid year-end holidays. Jobless claims surged by 68,000 to a two-month high of 368,000 in the period ended Dec. 7.