Economy


The Fed Will Stay In Hibernation Until At Least Summer: CNBC Survey

AMERICA - Published date: .

Less than half of respondents to the CNBC Fed Survey forecast a rate cut next year and just 5% expect a hike. Read more

The Fed Will Stay In Hibernation Until At Least Summer: CNBC Survey

AMERICA - Published date: .

Less than half of respondents to the CNBC Fed Survey forecast a rate cut next year and just 5% expect a hike. Read more

Economic Report: U.S. Sees Hiring Surge In November As Economy Adds 266,000 New Jobs

Markets - Published date: .

The economy produced a robust 266,000 new jobs in November and the unemployment rate returned to a 50-year low, reflecti... Read more

Here's Where The Jobs Are — In One Chart

AMERICA - Published date: .

CNBC studied the net change in employment by industry for November based on data from the Labor Department. Read more

Jobs Growth Soars In November As Payrolls Surge By 266,000

AMERICA - Published date: .

Those totals easily beat the Wall Street consensus. Economists surveyed by Dow Jones had been looking for job growth of ... Read more

Biden Says Trump's Pressure On The Federal Reserve Is An Abuse Of Power

AMERICA - Published date: .

"It's his way of abusing power across the board. It's a big mistake," Biden says of Trump's attacks on the Fed. Read more

US Trade Deficit Drops In October To Lowest Level In More Than A Year

AMERICA - Published date: .

The U.S. trade deficit fell in October to its lowest level in more than a year as exports and imports both slid for the ... Read more

Economic Report: U.S. Trade Deficit Falls 7.6% In October To 16-month Low On Decline In Chinese Imports

Markets - Published date: .

The nation’s trade deficit dropped almost 8% in October to a 16-month low, largely because of lower imports from China... Read more

Economic Report: U.S. Jobless Claims Tumble Again To 203,000 And Return To Near A 50-year Low

Markets - Published date: .

The number of Americans who applied for unemployment benefits at the end of November fell to the lowest level in seven m... Read more

US Weekly Jobless Claims Drop To Seven-month Low

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, hitting their lowest ... Read more

Private Payrolls Growth Tumbles In November As Jobs Market Is 'losing Its Shine'

AMERICA - Published date: .

The big miss could call into question the relatively rosy estimates for Friday's nonfarm payrolls report. Read more

Small Business Confidence Rebounds On Optimism About US-China Trade Deal

AMERICA - Published date: .

Small business confidence rebounded in the fourth quarter from an all-time low as business owners across the country exp... Read more

The Fed: Fed Beige Book Sees Slight Pickup In U.S. Economy Just Ahead Of The Holiday Season

Markets - Published date: .

The U.S. economy expanded “modestly” from October through mid-November and the outlook “generally remained positiv... Read more

US Durable Goods Orders Rebound In October, Rising 0.6%

AMERICA - Published date: .

American manufacturing has been hurt by a trade war with China and a slowing global economy. Overall October orders were... Read more

US Weekly Jobless Claims Fall, Though Numbers Show Some Softening In The Labor Market

AMERICA - Published date: .

The underlying trend suggested some softening in labor market conditions. Read more

US Economy Grew At A Moderate 2.1% Annual Rate In The Third Quarter

AMERICA - Published date: .

U.S. third-quarter gross domestic product was expected to remain unrevised from its preliminary reading at 1.9%, down sl... Read more

Fed's Brainard Argues For Capping Interest Rate Levels During The Next Downturn

AMERICA - Published date: .

Brainard suggested using Treasury purchases to limit how high short- and medium-term government bond yields can rise. Read more

US New Home Sales Fall In October; September Revised Higher

AMERICA - Published date: .

The overall housing market remains supported by lower mortgage rates. Read more

US Consumer Confidence Falls For Fourth Consecutive Month

AMERICA - Published date: .

Consumer confidence dipped for a fourth straight month in November as economic conditions weaken toward the end of 2019. Read more

US Consumer Sentiment Comes In Higher Than Expected For November

AMERICA - Published date: .

The University of Michigan's index of consumer sentiment climbed to 96.8 from 95.5 last month. Read more