|
Jan 22, 2025
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.
|
|
Jan 19, 2025
To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.
|
|
Jan 16, 2025
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.
|
|
Jan 16, 2025
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
|
|
Jan 16, 2025
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
|
|
Jan 15, 2025
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.
|
|
Jan 15, 2025
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe's largest economy.
|
|
Jan 14, 2025
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.
|
|
Jan 14, 2025
For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a year prior.
|
|
Jan 14, 2025
The producer price index was expected to increase 0.4% in December, according to the Dow Jones consensus estimate.
|
|
Jan 13, 2025
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.
|
|
Jan 11, 2025
Health care and government were the top two drivers of job creation in 2023 and 2024, but that could change under a new administration.
|
|
Jan 10, 2025
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.
|
|
Jan 10, 2025
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That's an improvement from November's rate of 5.9%.
|
|
Jan 10, 2025
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
|
|
Jan 09, 2025
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.
|
|
Jan 08, 2025
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.
|
|
Jan 08, 2025
The President-Elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.
|
|
Jan 07, 2025
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.
|
|
Jan 07, 2025
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.
|
|
Jan 06, 2025
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.
|
|
Jan 06, 2025
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.
|
|
Dec 20, 2024
The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.
|
|
Dec 20, 2024
Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.
|
|
Dec 19, 2024
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.
|
|
Dec 18, 2024
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.
|
|
Dec 17, 2024
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.
|
|
Dec 16, 2024
Since September, the rial has suffered the ripple effects of hits to Iran's proxies, as well as the November election of Donald Trump to the U.S. presidency.
|
|
Dec 15, 2024
Fifty-three percent of Gen X parents are concerned their kids won't be fully financially independent into adulthood, U.S. Bank data reveals.
|
|
Dec 13, 2024
It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.
|
|
Dec 12, 2024
The producer price index was expected to increase 0.2% in November, according to the Dow Jones consensus estimate.
|
|
Dec 11, 2024
If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs.
|
|
Dec 11, 2024
For the month, the deficit totaled $366.8 billion, 17% higher than November 2023
|
|
Dec 11, 2024
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.
|
|
Dec 10, 2024
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.
|
|
Dec 09, 2024
Heads of households expecting their financial situation to be better a year from now jumped to 37.6%.
|
|
Dec 07, 2024
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.
|
|
Dec 06, 2024
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.
|
|
Dec 06, 2024
The unemployment rate jumped significantly for Black women in November.
|
|
Dec 06, 2024
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.
|
|
Dec 06, 2024
Nonfarm payrolls were expected to increase 214,000 in November, according to the Dow Jones consensus forecast.
|
|
Dec 05, 2024
The jobs report due out Friday could provide a clearer picture of where the labor market is headed.
|
|
Dec 04, 2024
President-elect Donald Trump plans to nominate financier Paul Atkins to head the Securities and Exchange Commission.
|
|
Dec 04, 2024
Companies added 146,000 on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.
|
|
Dec 04, 2024
The Bank of England governor spoke to the Financial Times about the central bank's projections.
|
|
Dec 04, 2024
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.
|
|
Dec 03, 2024
Job openings totaled 7.74 million on the month, up 372,000 from September.
|
|
Dec 02, 2024
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."
|
|
Nov 29, 2024
The Reserve Bank of India had forecast an expansion of 7% for the period.
|
|
Nov 29, 2024
Markets have fully priced in a 25 basis point interest rate cut from the ECB in December, which would mark its fourth cut of the year.
|
|
Nov 28, 2024
Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044.
|
|
Nov 27, 2024
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
|
|
Nov 26, 2024
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
|
|
Nov 25, 2024
Trump said he will pick the Wall Street figure to take on his administration's most important economic role.
|
|
Nov 25, 2024
"Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns," one financier told CNBC.
|
|
Nov 22, 2024
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.
|
|
Nov 22, 2024
A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires.
|
|
Nov 21, 2024
Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates.
|
|
Nov 15, 2024
The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.
|
|
Nov 15, 2024
The U.K. economy grew less than expected in the third quarter of the year, showing only marginal growth following a rebound at the start of the year, initial figures showed Friday.
|
|
Nov 14, 2024
The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast.
|
|
Nov 13, 2024
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.
|
|
Nov 08, 2024
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.
|
|
Nov 07, 2024
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.
|
|
Nov 07, 2024
The former president's litany of pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements.
|
|
Nov 06, 2024
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.
|
|
Nov 05, 2024
CNBC Senior Economics Reporter Steve Liesman sat down with four polling experts for an in-depth look into the data to see which ones could turn the election.
|
|
Nov 04, 2024
Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.
|
|
Nov 02, 2024
More companies are talking publicly with investors about the presidential election than in recent cycles.
|
|
Nov 02, 2024
More companies are talking publicly with investors about the presidential election than in recent cycles.
|
|
Nov 01, 2024
The unemployment rate for white workers crept higher in October, running counter to the overall trend.
|
|
Nov 01, 2024
The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.
|
|
Nov 01, 2024
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.
|
|
Oct 31, 2024
Economists expect the BLS to report that payrolls expanded by just 100,000 on the month.
|
|
Oct 31, 2024
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
|
|
Oct 31, 2024
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
|
|
Oct 31, 2024
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.
|
|
Oct 31, 2024
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.
|
|
Oct 30, 2024
Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.
|
|
Oct 30, 2024
Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.
|
|
Oct 30, 2024
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.
|
|
Oct 30, 2024
ADP said it was the best month for job creation since July 2023.
|
|
Oct 30, 2024
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
|
|
Oct 30, 2024
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.
|
|
Oct 29, 2024
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multi-year lows.
|
|
Oct 29, 2024
. If current trends hold, the new wealth created by generative AI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey.
|
|
Oct 28, 2024
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.
|
|
Oct 25, 2024
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation.
|
|
Oct 25, 2024
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.
|
|
Oct 25, 2024
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.
|
|
Oct 25, 2024
Investors have been awaiting the gathering of the standing committee of the National People's Congress, watchful for details on any fiscal stimulus.
|
|
Oct 23, 2024
The IMF warned of the risks posed by unsustainable public debt levels.
|
|
Oct 23, 2024
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.
|
|
Oct 23, 2024
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.
|
|
Oct 22, 2024
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
|
|
Oct 22, 2024
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
|
|
Oct 22, 2024
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and reiterated a forecast for 1.5% expansion in 2025.
|
|
Oct 19, 2024
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.
|
|
Oct 18, 2024
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
|
|
Oct 17, 2024
Consumer spending held up in September, underscoring a resilient economy.
|
|
