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May 07, 2024
He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation.
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May 07, 2024
He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation.
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May 06, 2024
The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.
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May 03, 2024
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.
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May 03, 2024
The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups.
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May 03, 2024
Nonfarm payrolls were expected to increase by 240,000 in April while the unemployment rate held at 3.8%, according to economists surveyed by Dow Jones.
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May 03, 2024
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
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May 02, 2024
The Bureau of Labor Statistics report drops at 8:30 a.m. ET.
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May 02, 2024
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.
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May 01, 2024
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
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May 01, 2024
The new platform will be called BlackRock Riyadh Investment Management, or BRIM.
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May 01, 2024
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.
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May 01, 2024
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
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Apr 30, 2024
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
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Apr 30, 2024
Higher prices have weighed on customers in an array of industries that interact with consumers.
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Apr 30, 2024
The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.
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Apr 30, 2024
Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.
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Apr 30, 2024
The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.
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Apr 29, 2024
"For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale," Saudi Economy Minister Faisal Al Ibrahim told CNBC.
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Apr 28, 2024
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.
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Apr 26, 2024
The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.
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Apr 26, 2024
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
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Apr 25, 2024
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.
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Apr 25, 2024
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.
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Apr 24, 2024
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
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Apr 19, 2024
For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.
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Apr 17, 2024
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
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Apr 17, 2024
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.
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Apr 17, 2024
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
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Apr 16, 2024
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.
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Apr 16, 2024
Altaf Kassam told CNBC that classic monetary policy mechanisms had "broken."
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Apr 15, 2024
Topic: Going GreenTags: forbes
They have $7B to spend, but previous subsidies caused a broken charging network. Here's how to do it better
Read more at Forbes.com in Does The Dept. Of Transport Know What To Do With $7B For EV Charging?
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Apr 13, 2024
The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
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Apr 12, 2024
The iconic shoe is getting a lift from Beyoncé's latest album.
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Apr 12, 2024
The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.
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Apr 12, 2024
Taken together, Dimon said the three issues pose substantial unknowns.
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Apr 12, 2024
The U.K. economy fell into a recession last year but showed slight growth in January.
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Apr 11, 2024
The euro zone's central bank held interest rates steady for a fifth straight meeting.
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Apr 11, 2024
The euro zone's central bank held interest rates steady for a fifth straight meeting.
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Apr 11, 2024
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
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Apr 10, 2024
March's consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.
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Apr 10, 2024
The World Trade Organization said Wednesday that it expects global trade to rebound gradually this year before rising further in 2025 as the impacts of higher inflation fall into the rearview mirror.
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Apr 10, 2024
The consumer price index in March was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
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Apr 09, 2024
The March consumer price index is expected to register increases of 0.3% both for the all-items measure as well as core.
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Apr 09, 2024
The NFIB's survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.
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Apr 08, 2024
Today marks a solar eclipse that is expected to cross the U.S. as millions of Americans try to position themselves to capture this celestial moment.
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Apr 05, 2024
Health care and government led hiring last month, while leisure and hospitality finally regained its pre-pandemic employment level.
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Apr 05, 2024
Black workers saw their unemployment rate rise to 6.4% from February's rate of 5.6%. For Black women, this figure spiked to 5.6% from 4.4%.
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Apr 05, 2024
The "fry attachment rate" remains above historical levels, a positive sign for the economy.
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Apr 05, 2024
Nonfarm payrolls were expected to increase by 200,000 in March and the unemployment rate was forecast to decrease to 3.8%.
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Apr 05, 2024
The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic adviser at Allianz, said Friday.
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Apr 04, 2024
The Labor Department's Bureau of Labor Statistics will release the report Friday at 8:30 a.m. ET.
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Apr 03, 2024
Private sector job growth expanded in March at its fastest pace since July 2023, ADP reported Wednesday.
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Apr 03, 2024
Economists polled by Reuters expected the rate to hold steady on the prior month at 2.6%.
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Apr 03, 2024
Turkey's annual inflation rose to 68.5% for the month of March, an increase on February's 67.1% inflation read, according to the Turkish Statistical Institute's report released Wednesday.
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Mar 30, 2024
This Women's History Month, CNBC took a look at the various economic, emotional and social hurdles women face when undergoing the egg freezing process.
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Mar 29, 2024
The core personal consumption expenditures price index was expected to increase 0.3% in February.
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Mar 29, 2024
The Commerce Department on Friday will release the February reading for the personal consumption expenditures price index.
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Mar 22, 2024
Clarida said his former colleagues need to be on guard against sticky prices that could thwart plans to ease this year.
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Mar 22, 2024
Falling fertility rates are set to spark a transformational demographic shift, with big implications for the global economy, according to a new study.
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Mar 21, 2024
The Swiss National Bank surprised the market with a decision to lower its main policy rate by 0.25 percentage points to 1.5%.
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Mar 20, 2024
"By June we will have a new set of projections that will confirm whether the inflation path we foresaw in our March forecast remains valid," the ECB chief said.
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Mar 15, 2024
"This is going to cause further liquidity squeeze," one Istanbul-based economist told CNBC.
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Mar 14, 2024
Price pressures increasing at a faster-than-expected pace raised concern that inflation could be more durable than anticipated.
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Mar 14, 2024
The producer price index for February was expected to increase 0.3%, according to the Dow Jones consensus estimate.
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Mar 14, 2024
The producer price index for February was expected to increase 0.3%, according to the Dow Jones consensus estimate.
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Mar 14, 2024
"We do have to take our time to get that right, from holding to dialing back restriction," Philip Lane.
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Mar 14, 2024
"We do have to take our time to get that right, from holding to dialing back restriction," Philip Lane.
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Mar 13, 2024
The U.K. economy entered a technical recession in the final quarter of last year.
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Mar 12, 2024
Inflation rose again in February, keeping the Fed on course to wait at least until the summer before starting to lower interest rates.
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Mar 12, 2024
The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.
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Mar 11, 2024
On a year-over-year basis, headline inflation is expected to show a 3.1% gain and core inflation a 3.7% increase in February.
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Mar 11, 2024
At the three-year range, expectations rose 0.3 percentage point to 2.7%, while the five-year outlook jumped even more, up 0.4 percentage point to 2.9%.
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Mar 11, 2024
In a CNBC interview, Trump cited both economic and political benefits from targeting foreign goods entering the U.S.
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Mar 10, 2024
The earnings come after the Saudi government transferred an additional 8% of Aramco shares, worth $164 billion, to Saudi Arabia's Public Investment Fund.
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Mar 08, 2024
Black women saw their labor force participation rate rise to 63.4% from 62.9%, and their unemployment rate slide to 4.4% from 4.8%.
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Mar 08, 2024
Nonfarm payrolls were expected to increase by 198,000 in February, according to the Dow Jones consensus estimate.
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Mar 08, 2024
Nonfarm payrolls were expected to increase by 198,000 in February, according to the Dow Jones consensus estimate.
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Mar 07, 2024
The nonfarm payrolls report is expected to show growth of 198,000 and the unemployment rate holding steady at 3.7%.
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Mar 07, 2024
Staff at the euro zone's central bank released their closely-watched macroeconomic projections Thursday.
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Mar 07, 2024
Staff at the euro zone's central bank released their closely-watched macroeconomic projections Thursday.
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Mar 07, 2024
The total of 84,638 planned cuts showed an increase of 3% from January and 9% from a year ago.
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Mar 07, 2024
Staff at the euro zone's central bank released their closely-watched macroeconomic projections Thursday.
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Mar 06, 2024
Private sector job growth improved during February as the U.S. labor market showed strength across a variety of sectors.
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Mar 06, 2024
Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.
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Mar 04, 2024
The annual February figures came in above analyst expectations, with hotels, cafes and restaurants noting the highest inflation increase.
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Mar 04, 2024
Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday.
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Mar 01, 2024
The headline figure previously came in at 2.8% in January, with further easing expected after price rises cooled in Germany, France and Spain.
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Feb 29, 2024
The core PCE price index was expected to increase 0.4% in January on a monthly basis and 2.8% from a year ago.
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Feb 27, 2024
Looking at the state of Black employment in America tells a mixed story.
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Feb 26, 2024
Dimon thinks there's a better-than-even chance that the U.S. is heading for a recession, though he doesn't see systemic issues looming.
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Feb 26, 2024
The $1 billion private credit partnership will co-invest in the Asia Pacific region, with a particular focus on India.
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Feb 23, 2024
While the firm said the concert's effect on local economies was undeniable, it may have a smaller imprint on national-level economic data than some think.
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Feb 23, 2024
Germany's housebuilding sector has gone from bad to worse in recent months as it is in a "confidence crisis," one CEO says.
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Feb 22, 2024
The central bank official said higher than expected inflation readings raised questions on where prices are heading and how the Fed should respond.
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Feb 22, 2024
Turkey's central bank held its key interest rate on Thursday, despite soaring inflation, after eight consecutive months of hikes.
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Feb 22, 2024
Turkey's central bank held its key interest rate on Thursday, despite soaring inflation, after eight consecutive months of hikes.
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Feb 21, 2024
Germany on Wendesday confirmed that it was slashing its GDP growth expectations for 2024 to 0.2%, down from the previous 1.3% estimate.
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Feb 20, 2024
The Wall Street bank now sees five consecutive 25 basis point interest rate cuts this year, with the first in June rather than May.
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Feb 20, 2024
The contraction was significantly larger than expected. Analysts predicted a contraction of around 10%.
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