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Dec 07, 2024
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.
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Dec 06, 2024
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.
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Dec 06, 2024
The unemployment rate jumped significantly for Black women in November.
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Dec 06, 2024
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.
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Dec 06, 2024
Nonfarm payrolls were expected to increase 214,000 in November, according to the Dow Jones consensus forecast.
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Dec 05, 2024
The jobs report due out Friday could provide a clearer picture of where the labor market is headed.
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Dec 04, 2024
President-elect Donald Trump plans to nominate financier Paul Atkins to head the Securities and Exchange Commission.
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Dec 04, 2024
Companies added 146,000 on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.
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Dec 04, 2024
The Bank of England governor spoke to the Financial Times about the central bank's projections.
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Dec 04, 2024
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.
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Dec 03, 2024
Job openings totaled 7.74 million on the month, up 372,000 from September.
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Dec 02, 2024
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."
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Nov 29, 2024
The Reserve Bank of India had forecast an expansion of 7% for the period.
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Nov 29, 2024
Markets have fully priced in a 25 basis point interest rate cut from the ECB in December, which would mark its fourth cut of the year.
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Nov 28, 2024
Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044.
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Nov 27, 2024
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
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Nov 26, 2024
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
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Nov 25, 2024
Trump said he will pick the Wall Street figure to take on his administration's most important economic role.
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Nov 25, 2024
"Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns," one financier told CNBC.
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Nov 22, 2024
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.
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Nov 22, 2024
A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires.
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Nov 21, 2024
Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates.
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Nov 15, 2024
The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.
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Nov 15, 2024
The U.K. economy grew less than expected in the third quarter of the year, showing only marginal growth following a rebound at the start of the year, initial figures showed Friday.
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Nov 14, 2024
The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast.
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Nov 13, 2024
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.
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Nov 08, 2024
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.
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Nov 07, 2024
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.
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Nov 07, 2024
The former president's litany of pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements.
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Nov 06, 2024
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.
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Nov 05, 2024
CNBC Senior Economics Reporter Steve Liesman sat down with four polling experts for an in-depth look into the data to see which ones could turn the election.
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Nov 04, 2024
Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.
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Nov 02, 2024
More companies are talking publicly with investors about the presidential election than in recent cycles.
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Nov 02, 2024
More companies are talking publicly with investors about the presidential election than in recent cycles.
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Nov 01, 2024
The unemployment rate for white workers crept higher in October, running counter to the overall trend.
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Nov 01, 2024
The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.
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Nov 01, 2024
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.
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Oct 31, 2024
Economists expect the BLS to report that payrolls expanded by just 100,000 on the month.
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Oct 31, 2024
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
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Oct 31, 2024
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
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Oct 31, 2024
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.
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Oct 31, 2024
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.
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Oct 30, 2024
Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.
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Oct 30, 2024
Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.
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Oct 30, 2024
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.
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Oct 30, 2024
ADP said it was the best month for job creation since July 2023.
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Oct 30, 2024
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
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Oct 30, 2024
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.
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Oct 29, 2024
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multi-year lows.
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Oct 29, 2024
. If current trends hold, the new wealth created by generative AI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey.
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Oct 28, 2024
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.
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Oct 25, 2024
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation.
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Oct 25, 2024
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.
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Oct 25, 2024
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.
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Oct 25, 2024
Investors have been awaiting the gathering of the standing committee of the National People's Congress, watchful for details on any fiscal stimulus.
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Oct 23, 2024
The IMF warned of the risks posed by unsustainable public debt levels.
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Oct 23, 2024
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.
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Oct 23, 2024
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.
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Oct 22, 2024
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
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Oct 22, 2024
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
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Oct 22, 2024
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and reiterated a forecast for 1.5% expansion in 2025.
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Oct 19, 2024
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.
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Oct 18, 2024
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
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Oct 17, 2024
Consumer spending held up in September, underscoring a resilient economy.
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Oct 16, 2024
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank of England's 2% target since April 2021.
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Oct 11, 2024
In fact, economists at Goldman Sachs think the Fed may already be there.
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Oct 11, 2024
While tax hikes are focused on big corporations and high earners, the budget also contains politically-controversial measures.
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Oct 11, 2024
The producer price index was expected to show a 0.1% increase in September, according to the Dow Jones consensus.
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Oct 11, 2024
The U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost for the Labour government.
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Oct 11, 2024
The U.K. economy had previously recorded modest but steady expansion in almost every month this year, but flatlined recently.
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Oct 10, 2024
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.
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Oct 10, 2024
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.
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Oct 08, 2024
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.
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Oct 08, 2024
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.
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Oct 04, 2024
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
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Oct 04, 2024
Black and Hispanic men experienced a fall in jobless rates in September.
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Oct 04, 2024
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.
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Oct 04, 2024
Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday's jobs report.
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Oct 04, 2024
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.
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Oct 03, 2024
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of 4.2%.
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Oct 02, 2024
Companies added 143,000 for the month, an acceleration from 103,000 in August and better than the 128,000 consensus forecast
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Oct 01, 2024
Manufacturers of everything from trucks to toys to artificial Christmas trees face obstacles now that the ILA has called a stoppage.
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Oct 01, 2024
Saudi Arabia's real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to the latest government figures.
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Sep 30, 2024
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
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Sep 27, 2024
The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.
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Sep 26, 2024
It was the first major Western central bank to reduce interest rates back in March.
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Sep 24, 2024
The Conference Board's Consumer Confidence Index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021.
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Sep 23, 2024
U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, saying her budget proposals will look to rebuild the country.
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Sep 19, 2024
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a substantial economic weakening.
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Sep 19, 2024
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.
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Sep 18, 2024
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
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Sep 17, 2024
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.
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Sep 17, 2024
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.
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Sep 17, 2024
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.
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Sep 14, 2024
A week's worth of inflation data showed that price pressures have eased substantially.
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Sep 12, 2024
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.
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Sep 12, 2024
The producer price index was expected to increase 0.2% in August, according to the Dow Jones consensus forecast.
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Sep 12, 2024
The Latino Donor Collaborative released its updated report on U.S. Latino economic growth and purchasing power for 2022.
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Sep 11, 2024
The consumer price index was expected to increase 0.2% in August and 2.6% from a year ago.
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Sep 11, 2024
Increasing demand for property, especially in the luxury space, is boosting prices not just of homes but of everything else in Dubai.
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