|
Dec 10, 2018
Richard Fisher says America's "horrifically bad" primary and secondary education system is the biggest long-term threat to the U.S. economy - especially as other countries like China put an emphasis on education.
|
|
Dec 10, 2018
Total available jobs stood at 7.08 million for October, the second-highest level surpassed only by the 7.3 million in August, the Job Openings and Labor Turnover Survey showed.
|
|
Dec 07, 2018
St. Louis Federal Reserve President James Bullard reportedly said on Friday that the central bank could consider postponing its widely anticipated December rate hike because of an inverted yield curve.
|
|
Dec 07, 2018
St. Louis Federal Reserve President James Bullard says the central bank could consider postponing its widely anticipated December rate hike by one month because of an inverted yield curve.
|
|
Dec 07, 2018
The employment picture for black Americans is better than it ever has been.
|
|
Dec 06, 2018
There's a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, says former assistant U.S. trade representative Jeff Moon.
|
|
Dec 06, 2018
Atlanta Fed President Raphael Bostic said the the central bank may not have to go much further with interest rates to achieve a proper balance between slowing and overheating.
|
|
Dec 06, 2018
Private payrolls increased by 179,000, below the 195,000 growth expected by a Refinitiv survey of economists. The number also was a drop from the 225,000 in October and below the 203,000 prior monthly average.
|
|
Dec 05, 2018
Laffer, formerly an advisor to presidents Trump and Ronald Reagan, thinks Powell has done a "great job in normalizing interest rates."
|
|
Dec 04, 2018
Lobby group Frankfurt Main Finance claims London's financial sector is poised to lose billions of euros in assets by March 2019.
|
|
Dec 03, 2018
U.S. manufacturing activity rose more than anticipated in November but construction spending was worse than expected, falling for the third straight month.
|
|
Dec 03, 2018
Wall Street may be exuberant Monday over the decision to postpone the trade war between the U.S. and China, but economists across the marketplace aren't convinced.
|
|
Dec 03, 2018
Wall Street may be exuberant Monday over the decision to postpone the trade war between the U.S. and China, but economists across the marketplace aren't convinced.
|
|
Dec 03, 2018
Treasury Secretary Steven Mnuchin says President Trump was pleased with Fed Chairman Jerome Powell's speech last week on interest rates.
|
|
Dec 03, 2018
Treasury Secretary Steven Mnuchin says President Trump was pleased with Fed Chairman Jerome Powell's speech last week on interest rates.
|
|
Dec 03, 2018
Steven Mnuchin, the U.S. Treasury Secretary, spoke with CNBC's Squawk Box about the trade truce reached over the weekend.
|
|
Dec 03, 2018
Soybean prices surge on the back of a trade truce between the U.S. and China in which the Chinese agree to buy more American agricultural products.
|
|
Dec 03, 2018
Over the weekend, the United States and China agreed to put their bilateral trade war on hold for 90 days to negotiate lingering disagreements but the deal downplayed two crucial areas: forced technology transfers and intellectual property theft.
|
|
Dec 03, 2018
Following the conclusion of the G-20 summit in Argentina, Trump described the agreement brokered with Beijing as "one of the largest deals ever made."
|
|
Dec 03, 2018
China marks the 40th anniversary of its economic reforms and opening up on Dec. 18 — an occasion Beijing could use to emphasize its commitment to transform its economy, noted Scott Kennedy of the Center for Strategic and International Studies.
|
|
Nov 30, 2018
Hiking rates too forcefully before necessary could risk causing a recession in the U.S. economy, says Minneapolis Fed President Neel Kashkari.
|
|
Nov 29, 2018
In a process begun in October 2017, the bank is decreasing the size of its bond portfolio, which grew to more than $4.5 trillion as part of an effort to drive down mortgage rates and lift economic growth.
|
|
Nov 29, 2018
The Federal Open Market Committee released minutes Thursday from its Nov. 7-8 meeting at which it decided to hold the central bank's benchmark rate steady at a range of 2 percent to 2.25 percent.
|
|
Nov 29, 2018
Economists are taking a second look at Federal Reserve Chairman Jerome Powell's speech Wednesday and wondering if the sharply dovish reaction wasn't a bit overdone.
|
|
Nov 29, 2018
Economists are taking a second look at Federal Reserve Chairman Jerome Powell's speech Wednesday and wondering if the sharply dovish reaction wasn't a bit overdone.
|
|
Nov 29, 2018
Jon Najarian says Fed Chief Powell did not blink, but instead reacted to data as he should.
|
|
Nov 29, 2018
The number of Americans filing applications for jobless benefits increased to a six-month high last week.
|
|
Nov 29, 2018
U.S. consumer spending increased by the most in seven months in October.
|
|
Nov 28, 2018
The Trump administration's widening trade war is going to raise prices for U.S. consumers, but it won't bring back many manufacturing jobs that have moved overseas, according to a survey of more than 800 U.S. companies.
|
|
Nov 28, 2018
Stocks surge and bonds sell off in a powerful move after market pros took Fed Chairman Jerome Powell's comment to mean the Fed is nearing an end of its rate-hiking cycle.
|
|
Nov 28, 2018
Federal Reserve Chairman Jerome Powell said Wednesday he considers the central bank's benchmark interest rate to be near a neutral level, an important distinction from remarks he made less than two months ago.
|
|
Nov 28, 2018
The Federal Reserve issues a cautionary note about risks to financial stability, saying trade tensions, geopolitical uncertainty and a buildup in corporate debt among firms with weak balance sheets pose strong threats.
|
|
Nov 28, 2018
The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year.
|
|
Nov 28, 2018
With the Federal Reserve under fire for raising interest rates, Treasury Secretary Steven Mnuchin has been looking to see if there are other ways to normalize monetary policy, according to a report.
|
|
Nov 27, 2018
"A lot of that initial reluctance will burn off and people will realize what a great deal this is for New York City," says Deputy Mayor for Housing and Economic Development Alicia Glen.
|
|
Nov 27, 2018
"A lot of that initial reluctance will burn off and people will realize what a great deal this is for New York City," says Deputy Mayor for Housing and Economic Development Alicia Glen.
|
|
Nov 27, 2018
Count United Technologies CEO Gregory Hayes among corporate executives not afraid of the Federal Reserve's intentions to keep hiking interest rates.
|
|
Nov 27, 2018
The International Labour Organization published its annual Global Wage Report on Monday.
|
|
Nov 27, 2018
The reading comes as the average rate on the 30-year fixed mortgage is now a full percentage point higher than it was one year ago, and affordability has fallen to the weakest level in over a decade.
|
|
Nov 27, 2018
Federal Reserve Vice Chairman Richard Clarida expresses a cautious view about how the central bank should proceed in raising interest rates.
|
|
Nov 26, 2018
In the third quarter of 2018, Germany's economy shrank for the first time in more than three years.
|
|
Nov 23, 2018
Southeast Asia is "a very attractive alternative" for companies looking to diversify away from China in the trade war, according to Satish Shankar from management consultancy Bain & Co.
|
|
Nov 21, 2018
Amid prolonged trade disputes and rising interest rates, the global economy will continue to slow down next year, according to the OECD's latest forecasts. But the Paris-based group doesn't see a recession on the horizon.
|
|
Nov 21, 2018
Consumer sentiment for November fell more than anticipated in the final reading of the month, although the index remained near record highs.
|
|
Nov 21, 2018
The number of Americans filing applications for jobless benefits rose to more than a four-month high last week, but the underlying trend remained consistent with a tightening labor market.
|
|
Nov 21, 2018
Orders to U.S. factories for big-ticket manufactured goods fell by the largest amount in 15 months with a key category that tracks business investment showing weakness for a third straight month.
|
|
Nov 21, 2018
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, expects the U.S. economy will grow but at a much slower pace of 1.6 percent by 2020.
|
|
Nov 21, 2018
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, expects the U.S. economy will grow but at a much slower pace of 1.6 percent by 2020.
|
|
Nov 21, 2018
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors.
|
|
Nov 21, 2018
At first glance, it looks like a $9 trillion time bomb ready to detonate, a corporate debt load that has continued to escalate thanks to easy borrowing terms and a seemingly endless thirst from investors.
|
|
Nov 21, 2018
With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to make a move last week, and there was even less for homeowners looking to save money on their mortgages.
|
|
Nov 21, 2018
U.S. companies' borrowing to spend on capital investment rose 6 percent in October from a year earlier, a trade group representing capital equipment lenders said on Tuesday.
|
|
Nov 20, 2018
President Donald Trump on Tuesday linked his decision to continue backing Saudi Arabia — despite the murder of a U.S. resident by Saudi agents — to his desire to keep oil prices low.
|
|
Nov 20, 2018
U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell.
|
|
Nov 20, 2018
U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell.
|
|
Nov 20, 2018
Federal Reserve Chairman Jerome Powell has a high approval rating among corporate chief financial officers. The same can't be said of President Donald Trump or his trade advisors, according to the latest CNBC Global CFO Council.
|
|
Nov 20, 2018
The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by Reuters over the past week say the risk is it will slow that pace down.
|
|
Nov 19, 2018
Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders.
|
|
Nov 19, 2018
Goldman sees economic growth slowing to below 2 percent in the second half of 2019 as the Fed continues to raise rates and the effects of the tax cut wear off.
|
|
Nov 19, 2018
The U.K's draft Brexit deal is not perfect but the country must avoid crashing out of the European Union without a deal, the president of the influential Confederation of British Industry said.
|
|
Nov 15, 2018
The former Treasury Secretary warned the Fed should be careful not to raise rates too quickly.
|
|
Nov 15, 2018
"History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict, says Ray Dalio, the billionaire Bridgewater founder.
|
|
Nov 15, 2018
U.S. import prices increased more than expected in October, boosted by a surge in petroleum and food prices, but underlying imported inflation pressures remained tame amid a strong dollar.
|
|
Nov 15, 2018
U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged.
|
|
Nov 15, 2018
The number of Americans filing applications for jobless aid unexpectedly rose last week.
|
|
Nov 15, 2018
The central bank needs to start looking at monetary policy's impact on asset prices before economic conditions, Dalio says, adding he would err on the side of caution on rate hikes.
|
|
Nov 14, 2018
Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase.
|
|
Nov 14, 2018
While tight supply of homes for sale had been plaguing buyers for much of this year, listings are increasing, but so are prices and interest rates, weakening affordability.
|
|
Nov 13, 2018
Companies should try digging in their pockets if they're looking to find workers for unfilled jobs, Minneapolis Fed President Neel Kashkari said Tuesday.
|
|
Nov 13, 2018
The U.S. trade spat with China and other countries is having a negative impact on investors and consumers, the leader of a top trade organization has said.
|
|
Nov 09, 2018
U.S. wholesale inventories gained slightly more than estimated in September.
|
|
Nov 09, 2018
A preliminary reading on consumer sentiment for November came in slightly above expectations.
|
|
Nov 09, 2018
U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals.
|
|
Nov 08, 2018
The Federal Reserve made clear it is in a near perfect environment to keep raising interest rates, and that it was undeterred by recent market volatility.
|
|
Nov 08, 2018
The Federal Open Market Committee, as expected, unanimously approved keeping the federal funds rate in a range of 2 percent to 2.25 percent. The central bank made only a few tweaks to its statement.
|
|
Nov 08, 2018
The Fed could make no new comment at all after its meeting and still sound hawkish, sending the bond market into a tizzy.
|
|
Nov 08, 2018
New applications for U.S. unemployment fell slightly last week and the number of Americans receiving benefits remained at a 45-year low as strong labor market conditions continued.
|
|
Nov 07, 2018
Voters who headed to polls Tuesday felt neither tremendously motivated by the 2017 tax cuts nor had their lives been changed by them much, NBC News exit polls showed.
|
|
Nov 07, 2018
Health care was the top issue for Americans voting in Tuesday's midterm elections.
|
|
Nov 07, 2018
A new cold war is brewing between China and the U.S. if both nations don't take steps toward reconciliation, former Treasury Secretary Henry Paulson warned in a speech that painted a bleak picture of the future between the two sides.
|
|
Nov 06, 2018
Total mortgage application volume fell 4 percent week to week and plunged 16 percent from a year ago, according to the Mortgage Bankers Association.
|
|
Nov 06, 2018
The level of job openings in the U.S. edged lower in September but was still well ahead of the total number of people looking for work, the Labor Department said Tuesday.
|
|
Nov 05, 2018
A thriving labor market is part of a continuing economic boom that will have to slow down or it eventually will cause trouble, according to a Goldman Sachs analysis.
|
|
Nov 05, 2018
The champion of Iranian and U.S. ties has previously advocated in support of the Iran nuclear accord.
|
|
Nov 05, 2018
Stock values have been sensitive to rhetoric surrounding trade between the U.S. and China.
|
|
Nov 02, 2018
Results of the stress test of Europe's bigger banks released Friday revealed that all of the financial institutions in the EU wide examination passed the European Central Bank's "adverse scenario".
|
|
Nov 02, 2018
The recent spate of strong wage growth, exemplified in Friday's nonfarm payrolls report, sets up the next stage in the market's conflict with the Federal Reserve.
|
|
Nov 02, 2018
CNBC studied the net changes by industry for October jobs based on the data from the Labor Department; the health-care and education sectors saw the largest net gains in jobs.
|
|
Nov 02, 2018
The chairman of the Federal Reserve bank, in a written letter to a Democratic senator, says stopping the flow of immigration to the U.S. could hurt the U.S. economy over time.
|
|
Nov 02, 2018
The U.S. goods and services deficit increased more than expected in September amid escalating tensions with its global trading partners.
|
|
Nov 02, 2018
Job growth blew past expectations in October and year-over-year wage gains jumped past 3 percent for the first time since the Great Recession, the Labor Department says.
|
|
Nov 02, 2018
Job growth blew past expectations in October and year-over-year wage gains jumped past 3 percent for the first time since the Great Recession, the Labor Department says.
|
|
Nov 02, 2018
Despite the nation reaching an unemployment rate not seen in almost five decades and employees being more productive than at any point in our nation's history, the typical worker takes home less money now than before Donald Trump took office.
|
|
Nov 02, 2018
U.S. President Donald Trump has asked key officials in his administration to start drafting the terms of a possible trade deal with China, according to a new report.
|
|
Nov 01, 2018
The U.S.-China trade conflict is "the single biggest drag" on the United States going into next year, according to Lanhee Chen, a research fellow at the Hoover Institution.
|
|
Nov 01, 2018
October's nonfarm payrolls report Friday could bring some good news for the jobs market, which might be bad news for the stock market.
|
|
Nov 01, 2018
A federal minimum wage is "a terrible idea" that hurts small businesses, White House economic advisor Larry Kudlow said Thursday.
|
|
Nov 01, 2018
The recent stock market pullback resulted more from overvalued technology stocks than it did from worries over President Donald Trump's tariffs, White House economic advisor Larry Kudlow said Thursday.
|
|
Nov 01, 2018
U.S. manufacturing activity fell short of expectations in October with a gauge of new orders easing to its lowest level since April 2017.
|
|
Nov 01, 2018
Top U.S. automakers reported another month of rises in sales of sports utility vehicles and pick-up trucks on Thursday as American consumers continued to shun sedans and hatchbacks.
|
|
Private Label