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   NEWS: CNBC ECONOMY
CNBC Economy
Mar 28, 2025

Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows
The closely watched survey showed a reading of 57.0 for the month, down 11.9% from February and 28.2% from a year ago.

CNBC Economy
Mar 28, 2025

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The PCE price index was expected to increase 0.3% in February while spending was projected to rise 0.5%.

CNBC Economy
Mar 28, 2025

Core inflation in February hits 2.8%, hotter than expected; spending increases 0.4%
The PCE price index was expected to increase 0.3% in February while spending was projected to rise 0.5%.

CNBC Economy
Mar 27, 2025

#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
Young people are finding humor in what they see as indicators in everyday life of a forthcoming economic slowdown. "I feel like Chicken Little," one said.

CNBC Economy
Mar 27, 2025

Trump's tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
"On a relative basis, in the short term, Europe will be less affected than the U.S.," Santander's Ana Botín said regarding President Donald Trump's tariffs.

CNBC Economy
Mar 27, 2025

Trump's tariffs are making the ECB's interest rate path 'more complicated,' policymaker says
U.S. President Donald Trump's tariff policies are complicating the path ahead for European Central Bank interest rates, policymaker Pierre Wunsch told CNBC.

CNBC Economy
Mar 26, 2025

Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
Yellen, who also served as Federal Reserve chair, will serve on the board that meets several times a year.

CNBC Economy
Mar 26, 2025

Treasury Department is set to lay off a 'substantial' number of employees, official says
The department is planning to furlough workers as part of Elen Musk's efforts to shrink the size of the federal government

CNBC Economy
Mar 26, 2025

British businesses pile on the pressure on UK Financial Minister Reeves ahead of budget update
Top on the businesses' list of complaints is a higher employment cost.

CNBC Economy
Mar 26, 2025

British businesses pile on the pressure on U.K. Financial Minister Reeves ahead of budget update
Top on the businesses' list of complaints is a higher employment cost.

CNBC Economy
Mar 25, 2025

Consumer confidence in where the economy is headed hits 12-year low
Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.

CNBC Economy
Mar 24, 2025

The probability of a recession is approaching 50%, Deutsche markets survey finds
Chances that the U.S. is heading for a recession are close to 50-50, according to the survey.

CNBC Economy
Mar 24, 2025

Tax revenue collected by the IRS set to plummet, report says
IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported.

CNBC Economy
Mar 24, 2025

Investors' optimism is growing around the UK economy as U.S.-EU trade disputes mount
However, some say the U.K. is not yet "out of the clear" from President Donald Trump's sweeping tariff policies.

CNBC Economy
Mar 21, 2025

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Goolsbee told CNBC that he's been hearing more concerns from businesses in his region about the impact of tariffs.

CNBC Economy
Mar 20, 2025

Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.

CNBC Economy
Mar 20, 2025

U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll
The latest survey from the New York Federal Reserve shows just 62.7% of Americans can come up with $2,000 for an emergency.

CNBC Economy
Mar 20, 2025

Trump says the Fed should cut rates to ease the economy's transition to his tariffs
President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.

CNBC Economy
Mar 19, 2025

'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts
Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.

CNBC Economy
Mar 19, 2025

Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this year

CNBC Economy
Mar 19, 2025

Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.

CNBC Economy
Mar 18, 2025

Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'
The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.

CNBC Economy
Mar 18, 2025

The Fed will update its rate projections Wednesday. Here's what to expect
If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key interest rate.

CNBC Economy
Mar 17, 2025

Retail sales increased 0.2% in February, though spending up less than expected
Retail sales were expected to show a 0.6% increase in February, according to the Dow Jones consensus estimate.

CNBC Economy
Mar 17, 2025

U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth
"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.

CNBC Economy
Mar 17, 2025

OECD cuts U.S. and global economic outlooks as Trump's trade tariffs weigh on growth
Global growth is expected to slow from 3.2% in 2024 to 3.1% in 2025 and 3.0% in 2026, according to the OECD.

CNBC Economy
Mar 16, 2025

Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis
Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.

CNBC Economy
Mar 16, 2025

'See you in four years': Canada flexes economic muscle as tariff negotiations continue
Trump's plans for tariffs and comments about Canada becoming a state has enraged the country's consumers and politicians.

CNBC Economy
Mar 15, 2025

Trump's Canadian tariffs are having a chilling effect on Vermont's small business owners
The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.

CNBC Economy
Mar 14, 2025

Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.

CNBC Economy
Mar 14, 2025

UK economy unexpectedly shrank by 0.1% in January
The U.K.'s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.

CNBC Economy
Mar 13, 2025

Why this week's positive inflation reports won't look as good to the Fed
On the surface, February's inflation data released this week brought some encouraging news.

CNBC Economy
Mar 13, 2025

Tariffs to add as much as $10,000 to the cost of the average new home, trade association says
"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.

CNBC Economy
Mar 13, 2025

Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.

CNBC Economy
Mar 13, 2025

Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.

CNBC Economy
Mar 13, 2025

Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility
essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.

CNBC Economy
Mar 13, 2025

U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.

CNBC Economy
Mar 13, 2025

Wholesale price measure was flat in February, compared with expected increase
The producer price index was expected to increase 0.3% in February, according to the Dow Jones consensus forecast.

CNBC Economy
Mar 13, 2025

Why Trump wants to bring aluminum production back to the U.S.
Aluminum is a "critical mineral" in the U.S. but the metal is largely produced in other countries, raising security concerns within the Trump administration.

CNBC Economy
Mar 12, 2025

U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.

CNBC Economy
Mar 12, 2025

Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.

CNBC Economy
Mar 12, 2025

Inflation rate hits 2.8% in February, less than expected
The consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.

CNBC Economy
Mar 11, 2025

A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.

CNBC Economy
Mar 11, 2025

'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.

CNBC Economy
Mar 11, 2025

Job openings see gains in January in a sign of labor market stability
The Job Openings and Labor Turnover Survey showed that postings rose to 7.74 million on the month, up 232,000 from December.

CNBC Economy
Mar 10, 2025

Trump says a transition period for the economy is likely: 'You can't really watch the stock market'
Officials have spent the past several days bracing Americans for a slowdown that they say will lead to stronger growth ahead.

CNBC Economy
Mar 10, 2025

Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.

CNBC Economy
Mar 10, 2025

Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.

CNBC Economy
Mar 08, 2025

Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.

CNBC Economy
Mar 07, 2025

Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.

CNBC Economy
Mar 07, 2025

Unemployment rate in February drops for Black men, but rises for Hispanic women
For Black men age 20 and older, the unemployment rate notably declined to 5.5% in February from 6.9% in January.

CNBC Economy
Mar 07, 2025

Here's where the jobs are for February 2025 - in one chart
February marked another strong month for health care despite job growth overall coming in weaker than expected but stable.

CNBC Economy
Mar 07, 2025

U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.

CNBC Economy
Mar 07, 2025

Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury Secretary discussed the U.S. economy and tariffs on "Squawk Box."

CNBC Economy
Mar 07, 2025

'Very concerned' about Europe's struggling economy, European Central Bank policymaker Centeno says
On Thursday, the ECB had revised its gross domestic product expectations for the euro area lower.

CNBC Economy
Mar 06, 2025

The pivotal February jobs report is out Friday. Here's what to expect
Markets will get another snapshot into the health of the labor market when the BLS releases its February nonfarm payrolls report Friday.

CNBC Economy
Mar 06, 2025

Treasury Secretary Bessent says the American dream is not about 'access to cheap goods'
Bessent on Thursday offered a full-throated defense of the White House's position on tariffs.

CNBC Economy
Mar 06, 2025

European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'
The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive."

CNBC Economy
Mar 06, 2025

Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020

CNBC Economy
Mar 05, 2025

Private employers added just 77,000 jobs in February, far below expectations, ADP says
Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown,

CNBC Economy
Mar 05, 2025

Germany's fiscal U-turn could be a 'game changer' for the country's sluggish economy, analysts say
Leaders of the likely incoming coalition government announced plans to reform the debt brake and create a special investment fund.

CNBC Economy
Mar 05, 2025

European Central Bank to make 'last easy rate cut' as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.

CNBC Economy
Mar 04, 2025

Executives are willing to pass down higher costs from tariffs to customers, EY-Parthenon economist says
Nearly half of executives polled are willing to pass on two-thirds of increased costs from tariffs to their customers, an EY survey of 4,000 respondents found.

CNBC Economy
Mar 04, 2025

Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.

CNBC Economy
Mar 03, 2025

Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.

CNBC Economy
Feb 28, 2025

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.

CNBC Economy
Feb 28, 2025

Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.

CNBC Economy
Feb 28, 2025

German inflation stays unchanged at hotter-than-expected 2.8% in February
The February print compares to a 2.7% estimate from economists surveyed by Reuters.

CNBC Economy
Feb 27, 2025

Federal job cuts disrupt a stable retirement picture for many workers, including Black Americans
Black Americans are one of the groups with a higher than average share of federal jobs, which are valued for their benefits and stability.

CNBC Economy
Feb 26, 2025

The Federal Reserve's favorite recession indicator is flashing a danger sign again
The 10-year yield fell below that of the 3-month note, marking an "inverted yield curve" that has a sterling recession prediction record.

CNBC Economy
Feb 21, 2025

Germany's election will usher in new leadership — but might not turn tides for the country's struggling economy
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.

CNBC Economy
Feb 19, 2025

Trump says he's weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency to Americans.

CNBC Economy
Feb 19, 2025

Elon Musk says he will check with Trump on idea for tax refunds from DOGE savings
Musk on Tuesday said he'll touch base with President Trump on an idea to send Americans tax refund checks from the money saved by government efficiency efforts.

CNBC Economy
Feb 19, 2025

Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher
In remarks to reporters Tuesday, Trump said the duties would be around 25% and "go very substantially higher over a course of a year."

CNBC Economy
Feb 18, 2025

Tariffs, immigration and DOGE: What companies are saying about the impact of Trump policies on business
See how companies are responding to the major themes of Trump's campaign and early days in office.

CNBC Economy
Feb 18, 2025

France's 2026 budget to be a 'demanding' undertaking, French economy minister warns
Ironing out the 2026 budget of the euro zone's second-largest economy will prove a "demanding" task, French Economy Minister Eric Lombard told CNBC.

CNBC Economy
Feb 17, 2025

From tariffs to DOGE, what companies are saying about the impact of MAGA policies
See how companies are responding to the major themes of Trump's campaign and early days in office.

CNBC Economy
Feb 15, 2025

Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the government
Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began at the start of the new year

CNBC Economy
Feb 15, 2025

Unemployment spikes in Washington, D.C. as Trump and Musk begin efforts to shrink the government
Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began at the start of the new year

CNBC Economy
Feb 14, 2025

Retail sales slumped 0.9% in January, down much more than expected
Excluding autos, prices fell 0.4%, also far off the consensus forecast for a 0.3% increase.

CNBC Economy
Feb 13, 2025

Defense stocks drop after Trump says Pentagon spending could be halved
Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.

CNBC Economy
Feb 13, 2025

Producer prices report points to softer Fed inflation measure than feared
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.

CNBC Economy
Feb 13, 2025

Wholesale prices rose 0.4% in January, more than expected
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.

CNBC Economy
Feb 13, 2025

Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

CNBC Economy
Feb 12, 2025

Trump's Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
'We believe the Auto sector is the most exposed to the risks of increased tariffs,' an analyst said.

CNBC Economy
Feb 12, 2025

Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

CNBC Economy
Feb 12, 2025

Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.

CNBC Economy
Feb 11, 2025

Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.

CNBC Economy
Feb 11, 2025

Trump's steel tariffs could trigger broader trade war as EU threatens 'proportionate countermeasures'
European Commission President Ursula von der Leyen said U.S. tariffs "will not go unanswered."

CNBC Economy
Feb 10, 2025

Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats
Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.

CNBC Economy
Feb 07, 2025

Unemployment spiked for Black men in January as more joined the labor force
Black men saw their unemployment rate spike to 6.9% from 5.6% in January, bucking the overall unemployment rate trend for the country.

CNBC Economy
Feb 07, 2025

Consumer inflation fears spike in February as tariff worries hit sentiment
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since November 2023.

CNBC Economy
Feb 07, 2025

Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.

CNBC Economy
Feb 07, 2025

Here's where the jobs are for January 2025 — in one chart
Health care and retail were strong areas for the U.S. economy in January.

CNBC Economy
Feb 07, 2025

U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%
Nonfarm payrolls were projected to increase by 169,000 in January, according to the Dow Jones consensus forecast.

CNBC Economy
Feb 06, 2025

Some Census Bureau data now appears to be unavailable to the public
Several economists told CNBC's Steve Liesman that they were unable to access data from the main Census Bureau website on Thursday.

CNBC Economy
Feb 06, 2025

The big January jobs report comes out Friday. Here's what to expect
The U.S. labor market likely began 2025 in solid fashion, in a bit of a step down from where it closed the previous year.

CNBC Economy
Feb 06, 2025

Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve Sedgwick.

CNBC Economy
Feb 06, 2025

Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Treasury secretary said the current strategy is using the levers of fiscal policy to keep rates low.

CNBC Economy
Feb 05, 2025

Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.

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