Breaking News: Economy
US Producer Prices Rose Moderately In April
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U.S. producer prices rose moderately in April, but underlying inflation pressures at the factory gate appeared to be pic... Read more
Fed's James Bullard Says Interest Rate Policy Is 'a Little Tight' Right Now
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Speaking at a time when the White House is pushing the Fed to lower rates, Bullard would not commit to that course. Read more
Economist John Taylor Thinks The Fed Is 'in A Better Place' With Interest Rates
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Raising interest rates have given the Federal Reserve some breathing room for the next time a downturn hits, economist J... Read more
Here's Where The Jobs Are — In One Chart
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CNBC studied the net changes by industry for April jobs based on the data from the Labor Department. Read more
Vice President Pence Says The Fed Should Cut Interest Rates, Reconsider Its Dual Mandate Policy
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Vice President Mike Pence believes the Fed should look to cut its benchmark interest rate. Read more
Jobs Surge In April, Unemployment Rate Falls To The Lowest Since 1969
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The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to... Read more
US Weekly Jobless Claims Are Unchanged From Last Week
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The trend remained consistent with tightening labor market conditions. Read more
US First-quarter Productivity Rises At The Fastest Pace Since 2014; Labor Costs Fall
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U.S. worker productivity increased at its fastest pace in more than four years in the first quarter, depressing labor co... Read more
Powell Says Fed Doesn't See Strong Case For Rate Cut Or Hike
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Fed Chairman Jerome Powell says the central bank is likely to keep interest rates steady, despite pressure from Presiden... Read more
Fed Holds Rates Steady, Citing Lack Of Inflation Pressure
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The Federal Reserve did, however, make a slight cut to the interest rate paid on excess reserves that banks keep at the ... Read more
R.I.P. Inflation: The Data Point The Fed Watches For Inflation Just Said There Isn't Any
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The Fed's preferred inflation gauge showed no change in March and remained well below the central bank's target. Read more
US Economy Grows By 3.2% In The First Quarter, Topping Expectations
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GDP for the first quarter was the best start to a year since 2015. Read more
US Core Capital Goods Orders Post The Biggest Gain In 8 Months
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Orders for long-lasting factory goods were expected to rise 0.8% in March, after dropping 1.6% a month earlier. Read more
US Weekly Jobless Claims Post Biggest Rise In 19 Months
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The underlying trend continued to point to labor market strength, however. Read more
US Weekly Jobless Claims Lowest Since 1969; Unemployment Rolls Shrink
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First-time claims for state unemployment benefits were expected to total 205,000 in the most recent week, up slightly fr... Read more
US Retail Sales Soared 1.6% In March
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U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier. Read more
US Trade Deficit Falls In February As Shortfall With China Decreases 28%
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The decline was due in large part to a 28.2 percent decrease in its goods deficit with China as exports to the nation su... Read more
Alan Greenspan Says Economy Will Start To Fade 'very Dramatically' Because Of Entitlement Burden
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Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan... Read more
Cain Reportedly Will Withdraw His Name As Potential Fed Nominee
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In recent days, at least four GOP senators said they would not back Cain, seeming to torpedo the nomination before it ev... Read more
US Import Prices Rise For A Third Straight Month, Driven By Higher Fuel Prices
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U.S. import prices were expected to rise 0.4% in March, after rising 0.6% a month earlier. Read more