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Jun 18, 2019
It's the president's own policies that are contributing to slower global and domestic growth.
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Jun 18, 2019
The Fed's most recent round of reassurance was a significant mistake.
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Jun 18, 2019
A Bloomberg News report Tuesday morning said the White House had looked at such a move back in February.
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Jun 18, 2019
The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemicals directly to China. California has taken the biggest hit followed by Texas, Illinois and Louisiana.
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Jun 18, 2019
Housing starts fell in May, but building permits increased, suggesting that the housing market was drawing some support from a sharp decline in mortgage rates.
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Jun 17, 2019
The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high costs of construction and the lack of skilled labor.
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Jun 17, 2019
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays workers $15 an hour plus full benefits.
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Jun 17, 2019
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays workers $15 an hour plus full benefits.
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Jun 17, 2019
The Empire State Manufacturing Index tumbled to a -8.6 reading from 17.8 in May, a 26.4-point drop that was the biggest since 2001.
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Jun 17, 2019
Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. companies at a competitive disadvantage.
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Jun 14, 2019
U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on economic growth in the second quarter.
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Jun 14, 2019
The Fed is not likely to make a move on interest rates when it meets next week, but it is expected to smooth the way for a rate cut later in the summer.
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Jun 14, 2019
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.
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Jun 14, 2019
The Great Recession ended a decade ago. Many Americans are still waiting for their finances to improve.
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Jun 14, 2019
Trump said the economy and stock market both could be doing much better "if we had somebody different" in charge of the central bank.
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Jun 14, 2019
U.S. retail sales were expected to rise 0.6% in May, after slipping 0.2% a month earlier.
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Jun 13, 2019
The Business Roundtable's CEO Economic Outlook Index fell by 5.7 points in the second quarter to 89.5.
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Jun 13, 2019
U.S. import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indication of muted inflation that strengthens the case for the Federal Reserve to cut interest rates this year.
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Jun 13, 2019
First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims reported for the previous week.
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Jun 12, 2019
The U.S. Consumer Price Index was expected to edge up 0.1% in May, after rising 0.3% a month earlier.
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Jun 12, 2019
The U.S. Consumer Price Index was expected to edge up 0.1% in May, after rising 0.3% a month earlier.
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Jun 12, 2019
Consumer price inflation was expected to have increased at a pace of 1.9% in May, slower than in April and below the Federal Reserve's 2% target.
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Jun 11, 2019
"There won't be a deal at the G-20," Clete Willems tells Kayla Tausche at CNBC's Capital Exchange event in Washington.
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Jun 11, 2019
Trump's trip to Iowa shows an effort to contain the damage from tariffs ahead of the 2020 election — especially as Democratic presidential candidates swarm the state.
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Jun 11, 2019
"The Fed has to cut rates because prices have been falling and once those prices stabilize you just stop cutting rates," says the onetime Trump Fed pick.
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Jun 11, 2019
The U.S. producer price index was expected to edge up 0.1% in May, after rising 0.2% a month earlier.
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Jun 11, 2019
President Donald Trump said Tuesday the U.S. is at a disadvantage compared to other major currencies like the euro as other central banks keep interest rates low while the Federal Reserve's rates are higher by comparison.
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Jun 11, 2019
Commerce Secretary Wilbur Ross appeared Tuesday on CNBC's "Squawk Box."
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Jun 11, 2019
Manufacturing had been a big winner during the Trump administration, but the surge appears to have stalled and tariffs could be partly to blame.
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Jun 10, 2019
Tariffs on Chinese imports, as well as the threat of new duties on Mexican imports, will stifle job growth, according to the industry group.
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Jun 10, 2019
President Trump criticized the Fed for raising interest rates too quickly and giving the Chinese an upper hand in trade talks.
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Jun 10, 2019
Trump tells CNBC the immigration deal came together in just two days because Mexico's leaders knew the alternative would have been worse.
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Jun 10, 2019
Trump's remarks to CNBC followed a series of tweets touting the deal with Mexico that kept the U.S. from slapping tariffs on Mexican goods.
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Jun 10, 2019
The president's tariff strategy "creates uncertainty with our trading partners," says a top official at the world's largest business lobbying group.
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Jun 10, 2019
CNBC will release its America's Top States for Business 2019 survey in July. This year's competitive landscape is especially tricky, thanks to issues like a trade war, labor shortages and aging infrastructure.
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Jun 07, 2019
Along with the big miss on the main number, wage gains were also lower than expected. The March and April jobs figures were revised down as well.
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Jun 07, 2019
Druckenmiller believes the Yellen Fed should have raised rates more in 2016 when it had the chance.
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Jun 07, 2019
Druckenmiller believes the Yellen Fed should have raised rates more in 2016 when it had the chance.
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Jun 06, 2019
"It would take a dramatic easing of monetary policy for them to fully offset these kinds of effects," one economist said.
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Jun 06, 2019
The economy was expected to add a solid 180,000 jobs in May, but if the payroll number is way off, that could be a game changer for markets.
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Jun 05, 2019
Economists say while the soft ADP number is an anomaly, they do think the job market is weakening and will worsen if Trump moves forward with tariffs.
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Jun 05, 2019
The White House advisor outlined three specific areas where Mexico could make changes to stop Trump from slapping tariffs on their goods.
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Jun 05, 2019
Companies added just 27,000 new positions during the month, well below Dow Jones estimates of 173,000.
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Jun 05, 2019
President Donald Trump prides himself on bold negotiating tactics, but his threat to put tariffs on Mexico could backfire.
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Jun 05, 2019
Retail is on the rise, but Miller Tabak's Matt Maley expects a dip in consumer confidence that could hit these stocks hard.
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Jun 04, 2019
Former Fed governor Sarah Bloom Raskin said Chairman Powell's recent speech signals the central bank's willingness to consider a rate cut.
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Jun 04, 2019
Canaccord Genuity's Tony Dwyer believes the market could push the Federal Reserve to cut rates within weeks.
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Jun 04, 2019
At a time when markets are anticipating at least two interest rate cuts before the end of 2019, Evans did not commit to any further loosening of policy.
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Jun 04, 2019
Financial markets — not to mention the White House — are demanding a cut, and it's likely to get at least one before the year ends.
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May 31, 2019
The drop put the maker of Mexican beers like Corona and Modelo on track for its biggest one-day loss since Jan. 9, when it fell 12.4%.
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May 31, 2019
The drop put the maker of Mexican beers like Corona and Modelo on track for its biggest one-day loss since Jan. 9, when it fell 12.4%.
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May 31, 2019
The drop put the maker of Mexican beers like Corona and Modelo on track for its biggest one-day loss since Jan. 9, when it fell 12.4%.
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May 31, 2019
U.S. consumer prices increased in April, which could allow the Federal Reserve to keep interest rates unchanged for a while.
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May 31, 2019
Trump's surprise vow to slap new tariffs on Mexican goods undermines the chance of a trade resolution with China.
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May 31, 2019
The largest U.S. automaker stocks drop after President Trump threatened to put a 5% tariff on Mexican imports.
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May 31, 2019
The largest U.S. automaker stocks dropped after President Donald Trump threatened to put a 5% tariff on Mexican imports.
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May 31, 2019
China continued to ramp up the rhetoric against the U.S. on Friday, with a former Chinese central bank chief saying that further escalation in trade tensions between Washington and Beijing could greatly hurt the global economy.
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May 31, 2019
U.S. government debt yields added to steep May declines after President Trump's tariffs on all Mexican imports took investors by surprise.
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May 31, 2019
U.S. government debt yields added to steep May declines after President Trump's tariffs on all Mexican imports took investors by surprise.
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May 31, 2019
"I think it's both bad politically and bad economically and I don't think it's really going to help solve the immigration problem, either," said the former American diplomat.
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May 31, 2019
President Trump says an additional tariff on Mexican goods would address the "border crisis."
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May 30, 2019
Duties of up to 25% will be added if Mexico does not substantially stop the "illegal inflow of aliens" entering the U.S., the White House said Thursday.
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May 30, 2019
Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with March, according to the National Association of Realtors' Pending Home Sales Index. Sales were 2% lower compared with April 2018.
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May 30, 2019
First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, following the 211,000 claims reported for the prior week.
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May 30, 2019
The second reading on first-quarter gross domestic product had been expected to ease to 3% from the 3.2% preliminary reading.
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May 30, 2019
China has halted purchases of American soybeans in another chess move in the escalated trade war, according to a Bloomberg report.
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May 29, 2019
Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing by January, according to the CME's FedWatch tool.
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May 29, 2019
Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing in January, according to the CME's FedWatch tool.
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May 29, 2019
Growing uncertainty about global economic growth could lead to "bouts of high volatility" in financial markets, the ECB warned.
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May 28, 2019
Policymakers pulled out all the stops to fix the financial crisis, but may even have to get more extreme when the next downturn hits.
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May 28, 2019
Dimon was answering a question about the risks that could end the current economic expansion.
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May 28, 2019
The yield on the benchmark 10-year Treasury note fell to a 19-month low Tuesday as trade fears weighed on the U.S. economic growth outlook.
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May 28, 2019
U.S. President Donald Trump claims that tariffs have meant China is paying billions of dollars. Economists say that isn't the case.
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May 24, 2019
J.P. Morgan economists said they see second quarter growth of just 1%, down from their prior forecast of 2.25%.
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May 24, 2019
New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing.
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May 24, 2019
China denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China's Huawei was lying about his company's ties to the Beijing government.
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May 24, 2019
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute "considerable uncertainties."
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May 23, 2019
President Trump is expected to announce the farm aid plan later Thursday at the White House.
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May 23, 2019
The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the U.S. trade war with China.
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May 23, 2019
U.S. tariffs on Chinese goods are hurting an unintended target as the trade war with China rages, an International Monetary Fund study finds.
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May 23, 2019
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.
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May 23, 2019
One of Wall Street's leading experts on China suggests the window is closing on a trade deal.
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May 23, 2019
The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi's Willem Buiter told CNBC on Thursday, with Germany likely to bear the brunt of any losses.
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May 23, 2019
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement.
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May 23, 2019
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.
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May 22, 2019
Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again.
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May 22, 2019
St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal to end their trade war.
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May 21, 2019
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.
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May 21, 2019
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Sales were 4.4% lower compared with April 2018.
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May 21, 2019
The Fed should take its cues from falling bond yields and lower short-term interest rates, says conservative economist Art Laffer.
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May 21, 2019
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.
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May 21, 2019
Stocks are weathering the latest bouts increasing trade fears, but the bond market is pointing to more trouble ahead.
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May 20, 2019
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.
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May 20, 2019
The trade war with China and rising pressure on manufacturers and retailers is bringing a new worry : layoffs. Here's how to manage if you lose your job.
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May 20, 2019
Beijing is in "no rush" to resume trade talks between the U.S. and China.
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May 17, 2019
Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates.
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May 17, 2019
Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates.
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