• Quotes
  • Shortcuts
The Executive's Internet
Sun, June 4th
icon
GoogleAmazonWikipedia


spacerspacer

 

 NEWS: CNBC ECONOMY
Setup News Ticker
   NEWS: CNBC ECONOMY
CNBC Economy
Jun 02, 2023

Unemployment dropped among Hispanic men and women in May but rose for Black workers
The U.S. unemployment rate rose overall in May, but declined for Latino workers, according to the latest nonfarm payrolls report.

CNBC Economy
Jun 02, 2023

Here's where the jobs are for May 2023 — in one chart
Professional and business services led job creation for the month with 64,000 new hires.

CNBC Economy
Jun 02, 2023

Payrolls rose 339,000 in May, much better than expected in resilient labor market
Nonfarm payrolls were expected to increase by 190,000 in May, according to Dow Jones.

CNBC Economy
Jun 01, 2023

Here's what to watch out for in Friday's jobs report for May
Economists surveyed by Dow Jones expect job growth in May of 190,000, a decline from the 253,000 in April.

CNBC Economy
Jun 01, 2023

Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well above expectations.

CNBC Economy
May 26, 2023

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.

CNBC Economy
May 26, 2023

A U.S. recession would be 'good news' for markets, strategist says
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.

CNBC Economy
May 25, 2023

How the A.I. explosion could save the market and maybe the economy
Whether it's personalized shopping or self-driving cars, AI will become a factor in virtually everyone's lives.

CNBC Economy
May 23, 2023

Former Fed Chair Ben Bernanke says there's more work ahead to control inflation
A research paper notes that inflation has evolved since ballooning to a 40-year high in the summer of 2022.

CNBC Economy
May 18, 2023

Bank of England governor says the UK is facing a wage-price spiral
Andrew Bailey said second-round effects of wage growth and price setting were "unlikely to go away as quickly as they appeared."

CNBC Economy
May 16, 2023

Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Excluding auto-related figures, sales increased 0.4%, which was in line with expectations.

CNBC Economy
May 15, 2023

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
The total for borrowing across all categories hit $17.05 trillion, an increase of nearly $150 billion, or 0.9% during the January-to-March period.

CNBC Economy
May 13, 2023

Shifting to life post-Covid: How remote work transformed this city in the Midwest
Lansing, Michigan is one example of how downtowns have attempted to move away from office-centric economies.

CNBC Economy
May 12, 2023

UK economy grows by 0.1% in the first quarter but inflation continues to weigh
U.K. gross domestic product figures for March showed a 0.1% growth.

CNBC Economy
May 11, 2023

Fed Governor Waller casts doubt on need to conduct climate change tests for banks
Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn't fall under the Fed's purview.

CNBC Economy
May 11, 2023

Fed Governor Waller casts doubt on need to conduct climate-change tests for banks
Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn't fall under the Fed's purview.

CNBC Economy
May 11, 2023

Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease
Wholesale prices rose less than expected in April, according to a Labor Department report Thursday.

CNBC Economy
May 11, 2023

German minister calls for maturity on U.S. debt ceiling talks: 'We have to avoid further risks'
Time is running out for an agreement, with U.S. Treasury Secretary Janet Yellen warning earlier this month that without a deal, the largest economy in the world could default by June 1.

CNBC Economy
May 11, 2023

Yellen says it should be 'unthinkable' for the U.S. to default on its debt
U.S. Treasury Secretary Janet Yellen spoke to reporters ahead of the G-7 finance ministers and central bank governors meetings in Niigata, Japan.

CNBC Economy
May 11, 2023

Covid caused huge shortages in the jobs market. It may be easing — but there's another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend to finally abate.

CNBC Economy
May 10, 2023

Traders raise the chances for a Fed rate cut following April inflation report
Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.

CNBC Economy
May 10, 2023

Inflation rate eases to 4.9% in April, less than expectations
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.

CNBC Economy
May 10, 2023

Inflation rose 4.9% in April from a year ago, less than expectations
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.

CNBC Economy
May 09, 2023

Fed's John Williams says rates could be increased if inflation doesn't come down
The current problems in the banking industry and their impact will factor into Williams' policy outlook.

CNBC Economy
May 08, 2023

Worries linger about financial stability following bank rescue, Fed report shows
The Fed last published its Financial Stability Report in November 2022, before the implosion of several prominent mid-sized banks.

CNBC Economy
May 08, 2023

Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows
The Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments.

CNBC Economy
May 08, 2023

Outlook for household spending slumped in April, New York Fed survey shows
The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%.

CNBC Economy
May 05, 2023

Unemployment rate sinks in April for Black and Hispanic workers, but holds steady for Asians
April's nonfarm payrolls report beat expectations, and the unemployment rate declined across the board.

CNBC Economy
May 05, 2023

Here's where the jobs are for April 2023 — in one chart
See which sectors gained, and lost, the most jobs in April.

CNBC Economy
May 05, 2023

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows
Nonfarm payrolls were expected to increase by 180,000 in April, according to Dow Jones.

CNBC Economy
May 03, 2023

Private payrolls surged by 296,000 in April, much higher than expected, ADP says
Private payrolls growth was above the downwardly revised 142,000 the previous month and well ahead of the Dow Jones estimate for 133,000.

CNBC Economy
May 03, 2023

After First Republic's rescue, economists predict further pain with a 'new era' of higher inflation
Turmoil in the banking sector means central banks face in increasingly "delicate dance" in their efforts to rein in inflation, World Economic Forum Managing Director Saadia Zahidi told CNBC.

CNBC Economy
May 02, 2023

Job openings fell more than expected in March to lowest level in nearly two years
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.

CNBC Economy
May 02, 2023

Job openings fell more than expected in March to lowest in nearly two years
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.

CNBC Economy
May 01, 2023

The First Republic deal has come at a crucial point for the markets and economy
With financial services covering such a wide swath of activities in the $26.5 trillion U.S. economy, the bank failures will reverberate.

CNBC Economy
Apr 28, 2023

Key inflation gauge for the Fed rose 0.3% in March as expected
Topic: RobocarsTags: forbesThe unusual thing about the Zoox is it is symmetrical -- it drives the same forwards and backwards. Now it's finally out on public roads. That's a good time to discuss whether it would be good for other, traditionally designed robotaxis to drive backwards for short stretches to get out of tight spots, to turn around, and to quickly get out when they discover a fire crew that will otherwise break their widows. These issues are covered in my Forbes.com column today which goes into the why and the why not (freaking out the public.)



CNBC Economy
Apr 28, 2023

Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates
Euro zone GDP rose slightly in the first three months of the year, but its biggest economy stagnated.

CNBC Economy
Apr 28, 2023

IMF warns of 'disorderly' house price corrections in Europe as interest rates move higher
The IMF said that the European Central Bank needs to be increasing rates until mid-2024 to fight inflation.

CNBC Economy
Apr 27, 2023

U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
Gross domestic product was expected to increase at an annualized pace of 2% in the first quarter, according to Dow Jones.

CNBC Economy
Apr 25, 2023

The banking crisis is having a slow-burn impact on the economy
The money pipeline to Wall Street remains mostly alive and well while the situation on Main Street is much more in flux.

CNBC Economy
Apr 21, 2023

A recession is coming — and stock markets won't come through it unscathed, strategist says
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics.

CNBC Economy
Apr 20, 2023

Veteran investor David Roche says a credit crunch is coming for 'small-town America'
The banking turmoil of March, when several U.S. lenders collapsed, will lead to a credit crunch for "small-town America," veteran strategist David Roche says.

CNBC Economy
Apr 18, 2023

Fed Governor Bowman casts doubt on the need for a U.S. digital dollar
A CBDC could intrude on the privacy of users and harm banks while otherwise providing few benefits, Bowman said in a speech.

CNBC Economy
Apr 14, 2023

Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
Central bankers are weighing last month's banking crisis, the inflation outlook and recession risks as they reconsider future rate hikes.

CNBC Economy
Apr 13, 2023

UK economy flat in February as strikes and inflation bite — and the IMF delivers reality check
The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity.

CNBC Economy
Apr 12, 2023

Inflation rises just 0.1% in March and 5% from a year ago as Fed rate hikes take hold
The consumer price index, a widely followed inflation measure, rose 0.1% for the month and 5% from a year ago, both less than expected.

CNBC Economy
Apr 10, 2023

Outlook for credit access hits record low while inflation expectations jump, NY Fed survey shows
Those reporting that credit is much or somewhat harder to get than a year ago rose to 58.2%, the highest ever.

CNBC Economy
Apr 07, 2023

Job growth totals 236,000 in March, near expectations as hiring pace slows
The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000.

CNBC Economy
Apr 06, 2023

Layoffs are up nearly fivefold so far this year with tech companies leading the way
Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month.

CNBC Economy
Apr 06, 2023

IMF says U.S-China tensions could cost the world about 2% of its output
Companies and policymakers are exploring ways to make their supply chains more resilient by "moving production home or to trusted countries," the IMF said.

CNBC Economy
Apr 05, 2023

Private payrolls rose by 145,000 in March, well below expectations, ADP says
Company payrolls rose by 145,000, down from 261,000 in February and below the Dow Jones estimate for 210,000.

CNBC Economy
Apr 04, 2023

Job openings tumbled below 10 million in February for the first time in nearly two years
Available positions totaled 9.93 million, a drop of 632,000 from January's downwardly revised number.

CNBC Economy
Mar 31, 2023

Paying more and earning less: How inflation disproportionately hurts women
Inflation has been found to disproportionately affect women — and data is showing that some of the economic progress for American women is already unraveling.

CNBC Economy
Mar 31, 2023

It's the U.S., not Europe's banking system that's a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.

CNBC Economy
Mar 31, 2023

Key Fed inflation gauge rose 0.3% in February, less than expected
The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.

CNBC Economy
Mar 30, 2023

Jobless claims edge up to 198,000, higher than expected
Topic: RobocarsTags: forbes I have started building a map of all the autonomous services deployed carrying passengers or cargo. The services must be available to the public and out in public or semi-public spaces.

Turns out there are a lot. Contributions are welcome.

More details and info on contributing can be found at the map page



CNBC Economy
Mar 28, 2023

BlackRock warns that investors are making a mistake by betting on the Fed to cut rates
The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.

CNBC Economy
Mar 20, 2023

Fed poised to approve quarter-point rate hike this week, despite market turmoil
Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight to bring down inflation.

CNBC Economy
Mar 17, 2023

Fed poised to approve quarter-point rate hike next week, despite market turmoil
Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight to bring down inflation.

CNBC Economy
Mar 16, 2023

One year after the first rate hike, the Fed stands at policy crossroads
The Fed in some ways is both closer and further away from its goals when it first started raising rates.

CNBC Economy
Mar 16, 2023

European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.

CNBC Economy
Mar 15, 2023

Long-awaited Fed digital payment system to launch in July
FedNow creates "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin.

CNBC Economy
Mar 15, 2023

Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy
Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.

CNBC Economy
Mar 15, 2023

One of the best ways to figure out what the Fed will do next is to look at regional bank stocks
Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding interest rates.

CNBC Economy
Mar 15, 2023

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.

CNBC Economy
Mar 15, 2023

Moody's Analytics' Mark Zandi says Fed unlikely to hike rates in March given banking turmoil
The Federal Reserve will likely not raise interest rates at its March meeting as there is still a "boatload of uncertainty" said Mark Zandi of Moody's Analytics.

CNBC Economy
Mar 14, 2023

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago
Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis.

CNBC Economy
Mar 13, 2023

Something broke, but the Fed is still expected to go through with rate hikes
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.

CNBC Economy
Mar 10, 2023

Just like that: Market pricing swings back to quarter-point Fed rate hike
One bank implosion and a cooperative jobs report later, and the market has changed its mind.

CNBC Economy
Mar 10, 2023

Unemployment for Black and Hispanic women rose in February, but more workers join the labor force
Black women saw their unemployment rate jump to 5.1% from 4.7%. Among Hispanic women, it jumped to 4.8% from 4.4%.

CNBC Economy
Mar 10, 2023

Here's where the jobs are for February 2023 — in one chart
The leisure and hospitality sector added 105,000 jobs last month, according to the Labor Department, accounting for roughly a third of the total jobs gain.

CNBC Economy
Mar 10, 2023

Payrolls rose 311,000 in February, more than expected, showing solid growth
Nonfarm payrolls were expected to increase by 225,000 in February, while the unemployment rate was projected to hold at 3.4%, according to Dow Jones.

CNBC Economy
Mar 10, 2023

UK economy rebounds with stronger-than-expected January GDP print
The U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues to fend off what economists see as an inevitable recession.

CNBC Economy
Mar 08, 2023

Job openings declined in January but still far outnumber available workers
The Labor Department's Job Openings and Labor Turnover Survey showed there are 10.824 million openings, down some 410,000 from December.

CNBC Economy
Mar 08, 2023

Private payrolls rose by 242,000 in February, better than expected, ADP says
Companies added jobs at a brisk pace in February as the labor market kept humming, payroll services firm ADP reported Wednesday.

CNBC Economy
Mar 07, 2023

How China's shifting growth picture could hit global markets
China's economy will be forced to recalibrate because of a "fractured" global order, and the new drivers of growth will "disappoint" global markets, according to David Roche.

CNBC Economy
Mar 06, 2023

Fed's Powell heads to Capitol Hill this week, and he's going to have his hands full
Federal Reserve Chairman Jerome Powell to appear before Congress with a tall task.

CNBC Economy
Mar 03, 2023

Tesla is not the only company reviewing its Europe investment after Biden's Inflation Reduction Act
Many multinationals are reconsidering or changing previous plans to deploy new money into Europe.

CNBC Economy
Mar 03, 2023

Tesla is not the only company reviewing its Europe investment after Biden's IRA
Many multinationals are reconsidering or changing previous plans to deploy new money into Europe.

CNBC Economy
Mar 02, 2023

Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over
Inflation in the euro zone came in at 8.5% in February, while the ECB signalled interest rate hikes could still continue.

CNBC Economy
Feb 28, 2023

The racial retirement savings gap remains wide - How these state IRA programs are working toward equity
Workers have put away $735 million in state retirement savings programs that are intended to help employees at small businesses.

CNBC Economy
Feb 24, 2023

Fed can't tame inflation without 'significantly' more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.

CNBC Economy
Feb 24, 2023

Key Fed inflation measure rose 0.6% in January, more than expected
The core PCE price index was expected to increase 0.5% from a month ago and 4.4% on an annual basis, according to Dow Jones.

CNBC Economy
Feb 24, 2023

OECD says global economic outlook 'slightly better' for 2023 but inflation risks linger
OECD Secretary-General Mathias Cormann said the global economic outlook is looking slightly "brighter" for this year but inflation challenges remain.

CNBC Economy
Feb 23, 2023

UK economy in 'a lot better shape' than bleak figures suggest, fund manager says
The U.K. has thus far avoided a widely anticipated recession, and the economy may be holding up better than feared, according to veteran fund manager Andy Brough.

CNBC Economy
Feb 16, 2023

Consumer debt hits record $16.9 trillion as delinquencies also rise
Debt across all categories totaled $16.9 trillion as balances rose across all major categories.

CNBC Economy
Feb 16, 2023

Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase
The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% in January.

CNBC Economy
Feb 16, 2023

Sanctions on Russian oil are having the 'intended effect,' IEA says
Bans and price caps targeting Russian oil are having the "intended effect" despite surprisingly resilient exports in recent months, according to the International Energy Agency.

CNBC Economy
Feb 15, 2023

Retail sales jump 3% in January, smashing expectations despite inflation increase
Retail sales were expected to increase 1.9% in January, according to Dow Jones.

CNBC Economy
Feb 15, 2023

Russia's budget deficit has surged. But economists say Moscow won't drain its war chest any time soon
Russia's budget deficit hit a record 1.8 trillion rubles ($24.4 million) in January, with spending growing by 58% from the previous year while revenues fell by more than a third.

CNBC Economy
Feb 14, 2023

Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago
The consumer price index was expected to increase 0.4% in January from a month ago and 6.2% on an annual basis, according to Dow Jones.

CNBC Economy
Feb 14, 2023

U.S. inflation is likely 'far stickier' and could last a decade, Bill Smead says
Inflation in the U.S. is likely to be "far stickier" and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.

CNBC Economy
Feb 13, 2023

Inflation report due Tuesday has the potential to deliver some bad news
All market eyes Tuesday will be on the release of the Labor Department's consumer price index.

CNBC Economy
Feb 12, 2023

Here's where the jobs will be during the rolling recessions
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.

CNBC Economy
Feb 03, 2023

Black women are gaining ground in the labor market but still face unique barriers
January's jobs data shows the unemployment rate fell for Black women. A tight labor market may be playing a role.

CNBC Economy
Feb 03, 2023

Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.

CNBC Economy
Feb 03, 2023

Here's where the jobs are for January 2023 — in one chart
Leisure and hospitality saw an increase of 128,000 jobs in the month, led by 99,000 jobs in restaurants and bars alone.

CNBC Economy
Feb 03, 2023

Payrolls increased by 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.

CNBC Economy
Feb 01, 2023

Private payroll growth slowed to 106,000 in January as weather hit hiring, ADP says
Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before.

CNBC Economy
Jan 31, 2023

Important wage inflation measure for the Fed rose less than expected in Q4
The employment cost index increased 1% in the October-to-December period, the Labor Department reported Tuesday.

TRENDING TAGS
jobsBest Retirees
oilSaudi OPEC Arabia cuts prices
stockBuy AI market Buying Growth
dealHollywood OPEC Studios Directors oil
SaudiOPEC oil Arabia Cut cuts
StocksBuy AI These Buying Hand
OPECQuotas oil Saudi cuts Cut
marketstock investors Fed skip Pause
ChinaTaiwan Strait military defends near
CutOPEC oil Saudi Quotas Production

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • c/o CommunityScape | 200 Anderson Avenue
    Rochester, NY 14607
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2023 CEOExpress Company LLC