NEWS: CNBC ECONOMY
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   NEWS: CNBC ECONOMY
CNBC Economy
Jun 13, 2025

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
The University of Michigan's closely watched Surveys of Consumers showed across-the-board rebounds from previously dour readings.

CNBC Economy
Jun 12, 2025

Here are the three reasons why tariffs have yet to drive inflation higher
President Donald Trump's tariffs have yet to show up in any of the traditional data points measuring inflation.

CNBC Economy
Jun 12, 2025

UK Finance Minister Rachel Reeves' spending plans risk creating ‘a snowball effect' that pushes borrowing costs higher
Policies risk creating "a snowball effect" that pushes Britain's £105 billion-a-year interest payments higher, experts told CNBC.

CNBC Economy
Jun 12, 2025

UK exports to the U.S. plunge by most on record as tariffs bite
Shipments of commodities, cars and metals to the U.S. from Britain all dropped sharply in April.

CNBC Economy
Jun 11, 2025

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse.

CNBC Economy
Jun 11, 2025

Vance joins Trump in bashing Powell, says Fed committing 'monetary malpractice' by not cutting rates
President Donald Trump and Vice President JD Vance are now double-teaming the Fed in an effort to get lower interest rates.

CNBC Economy
Jun 11, 2025

U.S. inflation rises 0.1% in May from prior month, less than expected
The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.

CNBC Economy
Jun 10, 2025

World Bank sharply cuts global growth outlook on trade turbulence
"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said of its forecast.

CNBC Economy
Jun 10, 2025

Bulgaria is set to join the euro zone. But its citizens aren't convinced
The European Commission and European Central Bank have signed off on Bulgaria joining the euro zone.

CNBC Economy
Jun 09, 2025

CEO recession expectations decline from April scare, survey says
The latest poll showed less than 30% of CEOs expected some sort of recession or slowdown over the next six months.

CNBC Economy
Jun 09, 2025

Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
The one-year inflation outlook took a substantial dip, down to 3.2% — a 0.4 percentage point decrease from April.

CNBC Economy
Jun 09, 2025

The world could be facing another ‘China shock,' but it comes with a silver lining
A new round of "China shock" appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.

CNBC Economy
Jun 06, 2025

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%.

CNBC Economy
Jun 06, 2025

Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt in the economy.

CNBC Economy
Jun 06, 2025

The world could be facing another ‘China shock,' but it comes with a silver-lining
A new round of "China shock" appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.

CNBC Economy
Jun 06, 2025

The world could be facing another 'China shock,' but it comes with a silver-lining: Cooler inflation
A new round of "China shock" appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.

CNBC Economy
Jun 05, 2025

Friday's jobs report likely will show hiring cooled in May. Here's what to expect
Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.

CNBC Economy
Jun 05, 2025

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in headcount adjustments.

CNBC Economy
Jun 05, 2025

Trade deficit fell by a record amount in April as demand dropped for imports
Following a record-breaking surge in the trade imbalance, the deficit slid to $61.6 billion.

CNBC Economy
Jun 04, 2025

Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiring
The report noted that "economic activity has declined slightly since the previous report" released April 23.

CNBC Economy
Jun 04, 2025

Most companies are already raising prices or plan to because of tariffs, data shows
Two different surveys show most firms plan to pass along tariff costs to consumers.

CNBC Economy
Jun 04, 2025

Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.

CNBC Economy
Jun 04, 2025

The euro zone is ready for a new member: Bulgaria
Bulgaria's ascension to the euro would take the bloc to 21 members.

CNBC Economy
Jun 03, 2025

Job openings showed surprising increase to 7.4 million in April
Employers increased job openings more than expected in April while hiring and layoffs also both rose.

CNBC Economy
Jun 03, 2025

Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target
Economists polled by Reuters had been expecting the May reading to come in at 2%, which is the European Central Bank's target.

CNBC Economy
Jun 03, 2025

U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook
The U.S. economy is now expected to expand by just 1.6% in 2025, while the global economy is set to grow by 2.9%.

CNBC Economy
Jun 02, 2025

People are cooking at home at the highest levels since start of pandemic, according to Campbell's
"Consumers are cooking at home at the highest levels since early 2020," the Campbell's CEO said Monday.

CNBC Economy
Jun 02, 2025

People are cooking at home at the highest levels since the start of the pandemic, according to Campbell's
"Consumers are cooking at home at the highest levels since early 2020," the Campbell's CEO said Monday.

CNBC Economy
May 30, 2025

German inflation eases to hotter-than-expected 2.1% in May
Economists polled by Reuters had expected the German harmonized consumer price index to come in at 2%.

CNBC Economy
May 30, 2025

Inflation rate slipped to 2.1% in April, lower than expected, Fed's preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.

CNBC Economy
May 29, 2025

Trump advisor Hassett is confident tariffs will prevail despite judges' ruling
The comments follow a ruling from judges on the Court of International Trade who said Trump exceeded his authority on tariffs.

CNBC Economy
May 28, 2025

Credit default swaps are back in fashion — even if the panic might be overblown
The cost of insuring exposure to U.S. government debt has been rising steadily this year, hovering near its highest level in two years.

CNBC Economy
May 28, 2025

Musk says Trump's big bill undermines DOGE; president counters with political reality
Musk criticized President Donald Trump's signature spending bill that recently passed the House.

CNBC Economy
May 28, 2025

Elon Musk says Trump's spending bill undermines the work DOGE has been doing
Musk criticized the Republican spending bill that recently made it through a House vote.

CNBC Economy
May 27, 2025

Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal
"I have just been informed that the E.U. has called to quickly establish meeting dates," Trump wrote in a post on the Truth Social platform.

CNBC Economy
May 27, 2025

Consumer confidence for May was much stronger than expected on optimism for trade deals
Optimism got a much-needed boost in May on hopes for trade pace between the U.S. and China, according to a survey Tuesday.

CNBC Economy
May 24, 2025

Trump clears Nippon merger with U.S. Steel
President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion in January, citing national security concerns.

CNBC Economy
May 23, 2025

Trump clears Nippon merger with US Steel
President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion in January, citing national security concerns.

CNBC Economy
May 23, 2025

Trump green-lights Nippon merger with US Steel
President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion in January, citing national security concerns.

CNBC Economy
May 16, 2025

Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs
Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.

CNBC Economy
May 16, 2025

Consumer sentiment falls in May as Americans' inflation expectations jump after tariffs
Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.

CNBC Economy
May 16, 2025

The low-end consumer is about to feel the pinch as Trump restarts student loan collections
JPMorgan sees this action cutting billions from American's spendable cash pile each month.

CNBC Economy
May 15, 2025

JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Dimon's comments come less than a week after the U.S. and China announced that they were sharply reducing tariffs on one another for 90 days.

CNBC Economy
May 15, 2025

Watch Fed Chair Jerome Powell deliver live remarks on policy review
Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference.

CNBC Economy
May 13, 2025

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate.

CNBC Economy
May 13, 2025

'The Germans are back:' Business leaders tell government it's time to deliver
At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality.

CNBC Economy
May 13, 2025

Germany's business leaders have a message for the country's new government: It's time to deliver
At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality.

CNBC Economy
May 12, 2025

Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March.

CNBC Economy
May 12, 2025

Bessent sees tariff agreement as progress in 'strategic' decoupling with China
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said.

CNBC Economy
May 09, 2025

Germany's new economy boss has a plan — and it starts with risk, speed and big bets
The German economy has long been sluggish, and little reprieve is in sight.

CNBC Economy
May 08, 2025

Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal
"A U.K.-U.S. trade agreement is very welcome... But the U.K. is a very open economy," Andrew Bailey told CNBC.

CNBC Economy
May 04, 2025

China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market
Prices will need to drop for buyers for them to absorb goods meant for exports, experts warn — risking deeper deflation in China.

CNBC Economy
May 02, 2025

U.S. payroll growth totals 177,000 in April, defying expectations
Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.

CNBC Economy
May 02, 2025

Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.

CNBC Economy
May 01, 2025

Jobs report Friday to provide important clues on where the economy is heading
A downside surprise could be perilous for the market considering the recent spate of bad economic news and the prevailing angst over tariffs.

CNBC Economy
Apr 30, 2025

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.

CNBC Economy
Apr 30, 2025

German inflation dips less than expected to 2.2% in April
Economists polled by Reuters had estimated a 2.1% reading.

CNBC Economy
Apr 30, 2025

Private payroll growth slowed to 62,000 in April, well below expectations
Companies slowed hiring sharply in April as they braced against potential impacts from President Donald Trump's tariffs.

CNBC Economy
Apr 30, 2025

Adidas warns tariffs will lead to higher costs on its U.S. products
"Higher tariffs will eventually cause higher costs for all our products for the US market," Adidas said in a statement.

CNBC Economy
Apr 30, 2025

Euro zone economy expands by better-than-expected 0.4% in the first quarter
The figure was ahead of the 0.2% forecast in a Reuters poll of economists, and comes amid severe tariff headwinds.

CNBC Economy
Apr 30, 2025

Germany's economy expands by 0.2% in the first quarter, in line with expectations
A Reuters poll had projected 0.2% growth from the previous quarter.

CNBC Economy
Apr 29, 2025

Consumer outlook hits lowest since 2011 as tariff fears mount, Conference Board survey shows
Consumer attitude about both the present and near future dimmed again in April.

CNBC Economy
Apr 29, 2025

Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite
Shipments from China to the U.S. west coast appear poised to drop sharply in May.

CNBC Economy
Apr 29, 2025

Adidas warns it will raise prices on all U.S. products due to tariffs
"Higher tariffs will eventually cause higher costs for all our products for the US market," Adidas said in a statement.

CNBC Economy
Apr 28, 2025

Empty shelves, trucking layoffs lead to a summer recession in Apollo's shocking trade fight timeline
U.S. consumers could start to notice trade-related shortages in their local stores next month, according to Apollo.

CNBC Economy
Apr 28, 2025

German fiscal boost won't outweigh tariff drag for euro zone, IMF's Europe head says
Following downgrades to its growth outlooks for the U.S., U.K. and many Asian countries, the International Monetary Fund last week cut its euro zone forecast.

CNBC Economy
Apr 26, 2025

Americans are getting flashbacks to 2008 as tariffs stoke recession fears
'It's the old poors teaching the new poors,' said one content creator.

CNBC Economy
Apr 25, 2025

Inflation job nearly done but tariff risks loom — What European Central Bank members said this week
On tariffs, one central banker said: "In the short run, we will have lower growth. We will probably also have lower inflation."

CNBC Economy
Apr 25, 2025

Trump insists bond market tumult didn't influence tariff pause: 'I wasn't worried'
"I wasn't worried," Trump said in a Time magazine interview during which he was asked about financial market tumult.

CNBC Economy
Apr 24, 2025

German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution
The trust between Europe and the U.S. is not yet broken despite President Donald Trump's tariff policies, Joerg Kukies, acting German finance minister, said.

CNBC Economy
Apr 24, 2025

Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk
Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.

CNBC Economy
Apr 24, 2025

Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs
Transportation equipment orders surged 27%, led by a 139% increase in nondefense aircraft and parts.

CNBC Economy
Apr 23, 2025

Businesses are already trying to pass tariff costs onto customers, Fed report says
Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.

CNBC Economy
Apr 23, 2025

Consumer spending is up big in early April as people buy in anticipation of tariffs
Spending in April through the first 15 days climbed about 3.8% from the same period a year ago, JPMorgan found.

CNBC Economy
Apr 23, 2025

IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.

CNBC Economy
Apr 23, 2025

European Central Bank's Lagarde weighs in on Trump's criticism of Fed's Powell
The ECB last week cut interest rates by a further 25 basis points and warned of a "deteriorated" growth outlook linked to tariff tensions.

CNBC Economy
Apr 22, 2025

If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell
Changing out the Federal Reserve chair doesn't guarantee rate cuts for President Donald Trump, according to Wall Street economists.

CNBC Economy
Apr 22, 2025

European Central Bank's Lagarde says she hopes Trump doesn't fire Fed's Powell
The ECB last week cut interest rates by a further 25 basis points and warned of a 'deteriorated' growth outlook linked to tariff tensions.

CNBC Economy
Apr 22, 2025

IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
The Washington-based IMF, in its World Economic Report, cited intensifying downside risks as it lowered its growth projections.

CNBC Economy
Apr 20, 2025

Trump tariffs could lead to a summer drop-off in economic activity after an 'artificially high' start, Chicago Fed chief says
Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump's tariffs, followed by a summer drop-off.

CNBC Economy
Apr 19, 2025

Trump's approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds
President Donald Trump is registering the worst economic approval numbers of his presidential career, according to the latest CNBC All-America Economic Survey.

CNBC Economy
Apr 18, 2025

Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing'
President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.

CNBC Economy
Apr 17, 2025

China targets U.S. services and other areas as it decries 'meaningless' tariff hikes on goods
Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting American services sector.

CNBC Economy
Apr 16, 2025

Global trade outlook has 'deteriorated sharply' amid Trump tariff uncertainty, WTO warns
The World Trade Organization has warned that the outlook for global trade has "deteriorated sharply" in the wake of President Donald Trump's tariffs regime.

CNBC Economy
Apr 16, 2025

Retail sales increased 1.4% in March, greater than expected
Retail sales were expected to increase 1.2% in March, according to the Dow Jones consensus.

CNBC Economy
Apr 14, 2025

Fed Governor Waller sees tariff inflation as 'transitory' in 'tush push' comparison
The central banker embraced a term that got the central bank in trouble during the last bout of inflation.

CNBC Economy
Apr 14, 2025

Unemployment fears hit worst levels since Covid as tariffs fuel inflation outlook, Fed survey shows
Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March.

CNBC Economy
Apr 11, 2025

Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows
The University of Michigan consumer survey's mid-month reading on sentiment fell to 50.8.

CNBC Economy
Apr 11, 2025

Wholesale prices unexpectedly fell 0.4% in March, showing easing inflation backdrop ahead of tariffs
The producer price index, considered a leading indicator for pipeline inflation pressures, declined a seasonally adjusted 0.4% for the month.

CNBC Economy
Apr 11, 2025

Fed's Kashkari says rising bond yields, falling dollar show investors are moving on from the U.S.
The trends are running counter to what you might normally see, the central bank official told CNBC.

CNBC Economy
Apr 11, 2025

UK economy expands by 0.5% in February, more than expected
U.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts.

CNBC Economy
Apr 10, 2025

Trump's triple-digit tariff essentially cuts off most trade with China, says economist
President Trump's tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York.

CNBC Economy
Apr 10, 2025

Inflation rate eases to 2.4% in March, lower than expected; core at 4-year low
The consumer price index fell a seasonally adjusted 0.1% in March, putting the 12-month inflation rate at 2.4%, down from 2.8% in February.

CNBC Economy
Apr 10, 2025

Inflation rate eases to 2.4% in March, lower than expected
Topic: RobocarsTags: forbes It was a year of tumult, with success and major failures. Let's count down the top self-driving stories of 2024

Read more at Forbes.com in Robocars 2024 In Review: Top Ten Stories And More



CNBC Economy
Apr 10, 2025

European Union to put countermeasures to U.S. tariffs on hold for 90 days
EU members had voted in favor of the package on Wednesday in response to U.S. tariffs on steel and aluminum.

CNBC Economy
Apr 10, 2025

Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

CNBC Economy
Apr 09, 2025

Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil
Topic: RobocarsTags: forbes It was a year of tumult, with success and major failures. Let's count down the top self-driving stories of 2024

Read more at Forbes.com in Robocars 2024 In Review: Top Ten Stories And More



CNBC Economy
Apr 09, 2025

China says it will continue to take 'resolute and forceful' countermeasures as U.S. tariffs kick in
China's foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.

CNBC Economy
Apr 09, 2025

The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.

CNBC Economy
Apr 07, 2025

CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink
The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.

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