There's sharp debate among forecasters as they examine the durability of the economic recovery and discuss what will happen next.
Bond funds have been a popular investor choice in recent weeks, but some investment gurus warn of a bond-fund bubble that will burst. Here's the case for and against bond funds.
The Consumer Price Index declined 0.1 percent last month, following a 0.2 percent fall in May and a 0.1 percent drop in April. This suggests that the Fed hasn't completely removed deflation risks.
Fears that the Greek debt crisis will spread roiled global stock markets Tuesday. Major US and European indexes fell more than 2 percent.
After spending much of Friday below 10000, the market recovered lost ground amid positive news about unemployment. But the government-debt crisis in Greece is prompting investors to worry, again, about the health of the financial system.
Will consumer spending move up and jobs grow apace in 2010? The answer depends on the economist you ask. A round up of the top predictions for the economy next year.
But the Federal Reserve head, Ben Bernanke, also warns that the economy will still feel weak, in terms of jobs and wages, for some time.
The slowing pace of decline suggests that the US housing market is moving toward stabilization.
Higher rates led to a 16 percent drop in mortgage refinancing last week.