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Mar 04, 2021
First-time claims for unemployment insurance were expected to total 750,000 last week, according to economists surveyed by Dow Jones.
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Mar 03, 2021
The retailer said the decision will benefit the environment and the U.S. economy, too, by sourcing goods closer to customers and creating demand for jobs.
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Mar 03, 2021
Companies added just 117,000 positions for the month, well below the 225,000 forecast from economists surveyed by Dow Jones.
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Mar 03, 2021
Mortgage interest rates rose at the fastest pace last week in over a year, throwing cold water on already cooling demand.
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Mar 02, 2021
The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations.
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Mar 02, 2021
Covid vaccine efforts in the U.S. are yielding results. Forecasters are gaining some confidence in a summer bounce for the economy.
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Mar 01, 2021
While the Fed may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon.
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Feb 25, 2021
The U-3 is considered the standard for measuring unemployment, but not everyone agrees the metric is a comprehensive picture U.S. unemployment.
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Feb 25, 2021
Carlyle Group's David Rubenstein told CNBC there might some stock market speculation but the bigger problem for the U.S. economy is high unemployment.
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Feb 25, 2021
First-time claims for unemployment insurance fell to 730,000 last week, well below the expected 845,000.
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Feb 25, 2021
First-time claims for unemployment insurance were expected to total 845,000 for the week ended Feb. 20.
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Feb 23, 2021
Fed Chairman Jerome Powell told the Senate Banking Committee that price pressures remain mostly muted and the economic outlook is still "highly uncertain."
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Feb 23, 2021
Powell said price pressures remain mostly muted and the economic outlook is still "highly uncertain."
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Feb 23, 2021
December is usually the slowest month for the housing market, but price gains didn't slow down one bit in 2020.
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Feb 18, 2021
"We think it's very important to have a big package [that] addresses the pain this has caused," Yellen told CNBC.
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Feb 18, 2021
First-time filings for jobless claims totaled 861,000 last week, above the Dow Jones estimate of 773,000.
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Feb 17, 2021
Debt increased 1.4% for the final three months, representing another $206 billion as households took advantage of low interest rates.
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Feb 17, 2021
Buyer demand for newly built homes continues to surge, and that is keeping builder confidence high even as building material prices climb.
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Feb 17, 2021
Consumers flocked to spend their stimulus checks in January, sending retail sales for the month up 5.3% in a blockbuster start to 2021.
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Feb 17, 2021
Inflation expectations are detaching from reality, meaning markets might be overplaying the rise in U.S. Treasury yields, says Carl Weinberg, chief economist at High Frequency Economics.
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Feb 17, 2021
Aided by government stimulus checks, consumers are expected to have boosted their spending in January, and the trend is likely to continue.
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Feb 16, 2021
Aided by government stimulus checks, consumers are expected to have boosted their spending in January, and the trend is likely to continue.
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Feb 16, 2021
Bullard told CNBC that there aren't clear signs of excesses, though he conceded that stocks are "highly valued on the whole."
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Feb 11, 2021
Harker faced a question posed repeatedly to Fed officials in recent days over whether its easy monetary policy could stoke price pressures.
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Feb 11, 2021
The federal budget deficit is projected at $2.3 trillion in the 2021 fiscal year, a drop from last year but well ahead of anything the U.S. has ever seen.
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Feb 11, 2021
U.S. jobless claims were expected to total 760,000 last week, according to economists surveyed by Dow Jones.
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Feb 11, 2021
Biden's initial rating is 18 points higher than Trump's was.
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Feb 10, 2021
Addressing the jobs issue will require a "patiently accommodative monetary policy that embraces the lessons of the past."
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Feb 09, 2021
Investors are waiting for inflation to pick up, but the CPI should show just a slight gain in January, boosted by rising gasoline prices.
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Feb 09, 2021
Mortgage delinquencies have dropped to the lowest level since the start of the pandemic, but the numbers don't appear to be improving much anymore.
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Feb 09, 2021
Total openings increased to 6.65 million in December, better than the 6.6 million estimate from FactSet.
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Feb 07, 2021
The U.S. could return to full employment in 2022 if President Biden's Covid stimulus package is passed, Treasury Secretary Janet Yellen said Sunday.
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Feb 05, 2021
Almost 40% of unemployed workers have been out of a job for at least six months. That means many have entered a particularly risky period of joblessness.
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Feb 05, 2021
The Biden administration's first monthly employment report showed that jobs increased by 49,000 in January and the unemployment rate fell to 6.3%.
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Feb 04, 2021
January's employment picture appears to have improved over December, but how much so depends on the impact of the virus on the hospitality and leisure sector.
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Feb 04, 2021
First-time filings for unemployment insurance were expected to total 830,000 for the week ended Jan. 30.
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Feb 03, 2021
Companies added 174,000 new jobs in January, according to a report from payroll processing firm ADP.
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Feb 03, 2021
Mortgage rates fell for the first time in nearly a month, and that lit a fire under current borrowers who may have thought they missed the boat on refinancing.
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Feb 02, 2021
Kaplan in a CNBC interview backed more spending across a variety of fronts as the economy tries to shake off the Covid-19 pandemic effects.
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Feb 01, 2021
Atlanta Fed President Raphael Bostic said Monday that he's not worried about overheating, though he does think growth could happen faster than many expect.
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Feb 01, 2021
The CBO upgraded its U.S. economic outlook, saying growth will recover "rapidly" and the labor market will return to full strength quicker than first thought.
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Jan 29, 2021
Homebuyers signed fewer contracts to buy existing homes in December, as record high prices and record low supply stood in the way of strong demand.
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Jan 28, 2021
Full-year GDP declined 3.5%, the worst year for the U.S. since at least the end of World War II, as a pandemic-induced recession took hold in February.
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Jan 28, 2021
Economists polled by Dow Jones had expected first-time claims to total 875,000 for last week.
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Jan 28, 2021
Some market pros see the frenzied short squeezes in Gamestop and other stocks as signs of a bubble brewing.
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Jan 27, 2021
The central bank kept its foot to the floor in terms of the help it is providing for an economy that central bank officials say has slowed down.
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Jan 27, 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 Dec. 16.
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Jan 27, 2021
Fed chairman Jerome Powell will try to avoid sounding hawkish in any way when he talks about the Fed's commitment to its easing policies.
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Jan 27, 2021
Sharp gains in home prices and a slight rise in interest rates combined to weaken demand for mortgages last week.
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Jan 26, 2021
Markets figure that as long as the Fed keeps pumping, then it's safe to keep buying.
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Jan 26, 2021
"The consumer is coming back. I'm telling you, where we can do business, we are doing business," Tilman Fertitta told CNBC.
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Jan 26, 2021
Strong growth in home prices is showing no signs of abating, thanks to high buyer demand and a record low supply of homes for sale.
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Jan 21, 2021
Jobless claims for the week ended Jan. 16 totaled 900,000, the Labor Department reported, slightly better than the Wall Street estimate of 925,000.
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Jan 20, 2021
The rising costs of getting homes built is making builders less optimistic.
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Jan 20, 2021
Several weeks of rising rates are dousing what was incredibly high demand for refinancing, according to Mortgage Bankers Association data.
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Jan 14, 2021
Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong economic recovery.
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Jan 14, 2021
First-time claims for unemployment insurance were expected to total 800,000 last week, according to economists surveyed by Dow Jones.
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Jan 13, 2021
Federal Reserve Governor Lael Brainard said the figure underscores the importance of policy help for the economy.
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Jan 13, 2021
After setting more than a dozen record lows last year, mortgage rates began 2021 on an upward climb. That lit a fire under borrowers hoping to refinance.
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Jan 12, 2021
Online shopping over the 2020 holidays in the United States grew 32.2% from 2019s, totaling $188.2 billion, according to Adobe Analytics.
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Jan 08, 2021
Nonfarm payrolls fell by 140,000 in December, the Labor Department said, against the Dow Jones consensus estimate for a 50,000 gain.
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Jan 08, 2021
The leisure and hospitality industry saw outsized job losses thanks to a torrent of layoffs at bars and restaurants.
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Jan 08, 2021
Nonfarm payrolls were expected to increase by 50,000 in December, according to economists surveyed by Dow Jones
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Jan 07, 2021
Weekly claims totaled 787,000 for the week ended Jan. 2, the Labor Department reported Thursday.
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Jan 06, 2021
The decrease of 123,000 provided a stark sign that the U.S. economy had cooled considerably heading into the end of 2020.
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Jan 06, 2021
Currency in circulation soared at a rate unseen since World War II last year, providing what historically has been a good sign for the economy.
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Jan 06, 2021
The stunning surge in home buying demand, brought on by the coronavirus pandemic, may finally be easing up.
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Jan 04, 2021
Home prices are rising across the nation, but the usual geographical trends are being turned on their heads by the coronavirus pandemic.
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Dec 31, 2020
The number of people filing for unemployment benefits for the first time unexpectedly fell last week, marking its second straight decline.
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Dec 23, 2020
Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well.
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Dec 23, 2020
The number of first-time unemployment-benefits filers decelerated to 803,000 in the week ending Dec. 19.
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Dec 22, 2020
After five consecutive months of gains, closed sales of existing homes turned lower in November from October.
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Dec 17, 2020
Jobless claims unexpectedly rose as the coronavirus pandemic continues to pressure the economy while lawmakers struggle to push through new government aid.
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Dec 16, 2020
The central bank now expects real gross domestic product to fall just 2.4% in 2020, compared to the decline of 3.7% predicted in September.
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Dec 16, 2020
The Federal Reserve made a key adjustment in its efforts to support the economy, while upgrading its outlook for growth.
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Dec 16, 2020
Homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are feeling shock.
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Dec 16, 2020
Mortgage demand was flat last week, despite record low rates, but demand is substantially higher than it was last year.
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Dec 15, 2020
The Fed could disappoint at least some market pros who are expecting immediate changes in its bond buying program.
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Dec 15, 2020
Warren Buffett urged Congress to extend aid to small businesses as they continue to struggle through the coronavirus pandemic.
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Dec 15, 2020
Solomon's comments come as lawmakers are taking negotiations to approve another coronavirus stimulus bill down to the wire.
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Dec 11, 2020
The average American plans to spend just $886, down 10% from their planned spending last year, according to the CNBC All-America Economic Survey.
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Dec 10, 2020
The surprise jump in jobless claims filings signals a weakening in the labor market that could drag on the economy into the first quarter.
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Dec 10, 2020
First-time claims for unemployment insurance totaled 853,000, an increase from the upwardly revised 716,000 total a week before.
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Dec 10, 2020
Soaring home prices are padding the pockets of millions of homeowners across the nation. As prices rise, home equity multiplies.
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Dec 09, 2020
Mortgage rates fell even more, and that is causing a surge in mortgage refinancing.
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Dec 08, 2020
U.S. stocks are in "the storm before the calm" as Covid-19 cases rise, new restrictions are introduced and stimulus fades, says economist Alejandra Grindal.
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Dec 08, 2020
Economists have been worried that the aggressive virus spread will exact an especially large toll on the services sector.
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Dec 08, 2020
Saxo Bank on Tuesday outlined 10 "outlandish forecasts" for 2021, although it did stress these are not its "official" views.
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Dec 08, 2020
Banks have put up tens of billions of dollars for loan loss reserves tied to the pandemic this year, although most of those reserves haven't been needed yet.
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Dec 08, 2020
Steven Mnuchin's decision not to extend funding for the Federal Reserve's Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
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Dec 05, 2020
Job opportunities for Hispanics remain uncertain, even as the jobless rate has been cut in half from the Covid-19 peak level of 16%.
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Dec 04, 2020
Biden said Friday's underwhelming jobs report foreshadows a "dark winter" that demands "urgent action" from Trump and Congress.
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Dec 04, 2020
Biden said Friday's underwhelming jobs report foreshadows a "dark winter" that demands "urgent action" from Trump and Congress.
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Dec 04, 2020
Job growth slowed in November and looks set to decline even more, as the spreading pandemic hits all sorts of economic activity.
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Dec 04, 2020
Economists surveyed by Dow Jones had been looking for 440,000 and the jobless rate to decrease to 6.7% from 6.9% in October
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Dec 03, 2020
Tree sales are up 29% so far in 2020, according to a survey of retailers done by Evercore ISI.
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Dec 03, 2020
Job gains in November are expected to be weaker than in October, reflecting the impact of virus-related shutdowns by states and local governments.
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Dec 03, 2020
First-time claims for unemployment benefits totaled 712,000 last week, compared with 787,000 a week earlier and the Dow Jones estimate of 780,000.
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Dec 03, 2020
Continuing pandemic jobless relief into the next year could boost GDP by 3.5% and increase total personal income by more than $440 billion.
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