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May 17, 2021
Strong buyer demand is keeping homebuilders confident, but rising construction material costs are weighing on housing affordability.
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May 17, 2021
Atlanta Federal Reserve President Raphael Bostic said he's comfortable with ultra-loose policy even as inflation gains steam.
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May 13, 2021
The concentration of price pressures in a handful of categories means markets shouldn't yet be worrying about inflation after Wednesday's U.S. surprise, economists have told CNBC.
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May 13, 2021
Economists polled by FactSet are expecting a 0.3% increase in April for the PPI over the previous month.
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May 12, 2021
There was probably less than met the eye from the startling inflation pop in April.
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May 12, 2021
Markets were braced for a hot consumer inflation report, but nowhere near the 4.2% headline increase reported for April.
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May 12, 2021
The recent pickup in inflation may, in fact, be a temporary — and welcome — change for those who fear a slowdown in U.S. GDP.
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May 12, 2021
"I'm very worried this is an unstoppable situation because the longer the Fed waits, the more they will have to raise the rates," Thomas Peterffy told CNBC.
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May 12, 2021
Total household debt balances rose by $85 billion in the first quarter, a 0.6% increase that brought the total level to $14.64 trillion.
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May 12, 2021
The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008.
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May 12, 2021
The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year ago.
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May 12, 2021
A brief drop in mortgage interest rates sent some borrowers rushing to their lenders to see if they could get any savings.
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May 11, 2021
The number of available jobs jumped to a new high in March, even as employers sought workers to fill those posts.
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May 11, 2021
Manufacturers are struggling to catch up with a jolt in demand amid supply crunches in components and raw materials
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May 10, 2021
Biden said his administration will distribute more coronavirus relief funds as it tries to spur hiring after a weak April jobs report.
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May 10, 2021
Proprietors faced closures, space restrictions and lingering uncertainty. They're now facing a potentially crippling labor shortage as summer approaches.
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May 10, 2021
Sen. Mitch McConnell is set to discuss infrastructure with President Joe Biden and congressional leaders on Wednesday.
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May 07, 2021
The U.S. Chamber of Commerce blamed a $300-per-week federal jobless benefit for April's far-weaker-than-expected jobs report.
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May 07, 2021
Marty Walsh, the Secretary of Labor, said after April's disappointing jobs report that in normal circumstances 266,000 jobs "is a good number."
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May 07, 2021
U.S. firms hired far fewer workers than expected in April, as employers struggled to find people to fill job openings.
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May 07, 2021
Nonfarm payrolls were expected to increase by 1 million in April, according to economists surveyed by Dow Jones.
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May 07, 2021
U.S. dollar-denominated exports rose 32.3% in April from a year ago, beating an estimate of 24.1% growth from analysts polled by Reuters.
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May 06, 2021
Hiring was strong in April and job growth could top 1 million, though many jobs also went unfilled.
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May 06, 2021
Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial system, the Fed warned in a report Thursday.
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May 06, 2021
Initial claims for unemployment benefits fell sharply last week to 498,000, a drop of nearly 100,000 from the previous week and below the 527,000 estimate.
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May 06, 2021
Initial jobless claims were expected to total 527,000 for the week ended May 1, according to economists surveyed by Dow Jones.
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May 05, 2021
Private payrolls grew by 742,000 in April, according to ADP. It was well above March's 565,000 new jobs, but less than the 800,000 Dow Jones estimate.
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May 05, 2021
Vice President Kamala Harris is taking on a leading role as an ambassador to small businesses, particularly in underrepresented communities.
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May 04, 2021
Treasury Secretary Janet Yellen conceded that interest rates may have to rise to keep a lid on the burgeoning economic growth.
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May 04, 2021
The recovery from the Covid recession continues to play out unequally, especially for low-wage workers, minorities and those without a college degree.
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May 04, 2021
The imbalance in goods and services with the rest of the world swelled to $74.4 billion, the Commerce Department reported Tuesday.
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May 03, 2021
Barkin provided a guidepost for when he might change his mind and vote to tighten policy at least through cutting the monthly rate of asset purchases.
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May 03, 2021
"We are seeing very substantial inflation," Buffett said. "We are raising prices. People are raising prices to us and it's being accepted."
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Apr 30, 2021
The anticipated economic boom following the pandemic has been likened to the "Roaring '20s,", but an analyst stressed that not everyone will benefit.
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Apr 29, 2021
Hiring was strong in April as the economy reopened, and some economists predict more than 1 million jobs were added.
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Apr 29, 2021
The gross domestic product data marked the second-fastest pace for growth since the second quarter of 2003.
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Apr 29, 2021
Pending home sales rose less than expected in March, as buyers contend with record low supply and higher prices.
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Apr 28, 2021
Powell, one of the world's most influential economists, has not yet met with members of the homeless encampment near the Fed in Washington.
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Apr 28, 2021
As expected, the U.S. central bank decided to keep short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month.
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Apr 28, 2021
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on March 17.
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Apr 28, 2021
Lower mortgage rates are not prompting homeowners or potential homebuyers to contact their lenders, as other obstacles stand in their way.
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Apr 27, 2021
The CNBC Fed Survey for April finds 76% of respondents believe President Biden will choose Powell again.
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Apr 27, 2021
More Americans say they approve of the $1.9 trillion Covid bill Biden signed last month, and his $2 trillion infrastructure plan is already popular.
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Apr 27, 2021
Home price gains continue to outpace expectations, as tight supply and strong demand spur bidding wars.
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Apr 27, 2021
Wall Street forecasts the Fed won't reduce its $120 billion of asset purchases until January, three months later than predicted in CNBC's March survey.
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Apr 27, 2021
Respondents forecast the Fed won't reduce it's $120 billion of asset purchases until January 2022, three months later than the March survey.
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Apr 22, 2021
Economic growth could slow, and inflation is likely to see at least a momentary bump higher as the semiconductor shortage escalates, economists say.
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Apr 22, 2021
Low supply continues to push prices ever higher. The median price of an existing home sold in March was $329,100, a 17.2% increase from March 2020.
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Apr 22, 2021
Weekly unemployment claims fell to a new pandemic-era low, suggesting the labor market's recovery is picking up steam.
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Apr 22, 2021
First-time claims for unemployment insurance totaled 547,000 last week, the Labor Department said, below the 603,000 Dow Jones estimate.
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Apr 22, 2021
First-time claims for unemployment insurance were expected to total 603,000 for the week ended April 17, according to economists surveyed by Dow Jones.
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Apr 21, 2021
A sharp drop in mortgage interest rates sent homeowners and potential homebuyers to their lenders.
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Apr 21, 2021
There is a growing body of strategists who believe investors are underestimating the inflation outlook.
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Apr 21, 2021
Jacob Lew, Treasury secretary from 2013 to 2017, said China's Belt and Road Initiative gained traction as the U.S. under Trump retreated from the world stage.
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Apr 20, 2021
The pandemic has shaken up the ranking of the world's largest economies after sending many countries into their worst economic recessions in recent history.
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Apr 15, 2021
The path beyond this rocket-fueled year looks far less clear.
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Apr 14, 2021
Many Americans have received three rounds of stimulus checks and enhanced unemployment benefits since the pandemic began, helping forestall a wave of defaults.
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Apr 13, 2021
Google reported last week that the search "When is the housing market going to crash?" had spiked 2,450% in the past month.
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Apr 13, 2021
The CPI for March was expected to rise 2.5% over the past year and 0.5% over the previous month, according to economists surveyed by Dow Jones.
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Apr 12, 2021
While the number of Americans going hungry and unable to pay their bills fell last month, new data shows that millions are still struggling.
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Apr 12, 2021
"I think it's highly unlikely that we would raise rates anything like this year," Powell told CBS' "60 Minutes."
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Apr 11, 2021
The U.S. economy is at a turning point thanks to government support and a speedy campaign to inoculate Americans against Covid-19, Jerome Powell said.
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Apr 08, 2021
First-time claims for unemployment insurance were expected to total 694,000, according to economists surveyed by Dow Jones.
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Apr 07, 2021
Adeyemo said the White House's broad interpretation of infrastructure is not only favored by progressives, but by Wall Street, too.
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Apr 07, 2021
Brainard said that while the U.S. economic outlook has "brightened considerably," it remains well away from the central bank's goals.
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Apr 07, 2021
Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation.
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Apr 07, 2021
Dimon, 65, weighed in on a range of topics familiar to watchers of the country's most prominent banker.
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Apr 06, 2021
The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That's an unusual dynamic for recessions, economists said.
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Apr 05, 2021
As the economy booms over the next couple of months, the Fed will have a more difficult time defending its super easy policies.
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Apr 05, 2021
The Fed remains committed to keeping rates low until the employment picture brightens considerably, Mester said.
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Apr 05, 2021
The proposed increase is part of the administration's effort to fund its $2 trillion infrastructure proposal.
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Apr 05, 2021
WalletHub calculated the change in unemployment claims from last week and the same week in 2020 and determined which states are making the quickest recovery.
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Apr 02, 2021
Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.
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Apr 01, 2021
March brought the strongest manufacturing growth in more than 37 years, and with it increasing indications about inflation pressures
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Apr 01, 2021
Economists expect to see 675,000 jobs were added in March as the economy reopened more broadly, and the number of vaccinated people increased.
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Apr 01, 2021
First-time claims for unemployment benefits totaled 719,000 last week, higher than the 675,000 Dow Jones estimate and the previous week's 658,000.
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Mar 31, 2021
Chief financial officers of large corporations polled by CNBC are optimistic about the U.S. and global economy and bullish on the Dow Jones Industrial Average.
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Mar 31, 2021
The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales.
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Mar 31, 2021
Companies added 517,000 workers for the month, a spike from the 176,000 in February though just below the 525,000 Dow Jones estimate.
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Mar 30, 2021
Home price gains are accelerating at an alarming pace, a sharp, pandemic-induced inflation that some claim is not getting enough attention from the Fed.
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Mar 29, 2021
The Fed is not keeping monetary policy easy so the government can continue running up debts and deficits, Waller said Monday.
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Mar 25, 2021
At some point, that will allow the central bank to dial back the help it has provided, though Powell said now is not that time.
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Mar 25, 2021
Banks have improved their capital positions and should be allowed to continue to buy back their own shares, Yellen said.
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Mar 24, 2021
Higher mortgage rates do not appear to be dampening demand for home purchases but are crimping refinance volume.
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Mar 23, 2021
The Federal Reserve has taken another step forward in efforts to ensure that the financial system is protected against climate risks.
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Mar 23, 2021
Sales of newly built homes fell more than expected in February, as builders faced higher costs and persstent delays.
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Mar 23, 2021
Dallas Federal Reserve President Robert Kaplan told CNBC he likely will favor an interest rate increase before the end of 2022.
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Mar 22, 2021
The supply of homes for sale fell 29.5% year over year, the largest annual decline ever, to 1.03 million homes.
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Mar 22, 2021
"Vaccines are rolling out, case rates and hospitalizations are falling, excess savings and fiscal stimulus should help fund pent-up demand," said Thomas Barkin.
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Mar 20, 2021
Inflation-fighting tools come with a cost, and can be deadly to the kinds of growth periods the U.S. is experiencing.
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Mar 19, 2021
The Fed declined to extend a pandemic-era rule that relaxed the amount of capital banks had to maintain against Treasurys and other holdings.
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Mar 18, 2021
Jobless claims totaled 770,000 for the week ended March 13, an increase from 725,000 during the previous period.
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Mar 18, 2021
First-time claims for unemployment insurance were expected to total 700,000 for the week ended March 13, according to Dow Jones.
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Mar 17, 2021
The Federal Reserve sharply ramped up its economic expectations for 2021, according to the central bank's Summary of Economic Projections.
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Mar 17, 2021
As widely expected, the policymaking Federal Open Market Committee also voted to keep short-term borrowing rates steady near zero.
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Mar 17, 2021
Higher mortgage rates are cutting into demand for refinances, as fewer and fewer borrowers can now get worthwhile savings.
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Mar 16, 2021
Just over a year since Covid-19 turned the world upside down, investors are starting to get over it.
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Mar 16, 2021
A monthly index measuring builder confidence in the single-family housing market fell, as homebuilders face rising interest rates and rising material costs.
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