u.s. economy
Philadelphia Fed's Manufacturing Gauge Tumbles In June, Buoying The Case For Lower Rates
AMERICA - Published date: .
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetar... Read more
US Weekly Jobless Claims Fall More Than Expected
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 220,000 for the most recent week, matching the ... Read more
How The Trade War With China Could Crush California's $2.7 Trillion Economy And Hurt Other States
AMERICA - Published date: .
The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemical... Read more
US Housing Starts Fall In May, But Starts For The Prior Two Months Were Revised Higher
AMERICA - Published date: .
Housing starts fell in May, but building permits increased, suggesting that the housing market was drawing some support ... Read more
US Companies' Message To Trump: Don't Expand China Tariffs
AMERICA - Published date: .
Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squ... Read more
US Business Inventories Rebound; Sales Fall
AMERICA - Published date: .
U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on... Read more
US Import Prices Post The Largest Drop In 5 Months
AMERICA - Published date: .
U.S. import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indicati... Read more
US Weekly Jobless Claims Unexpectedly Rise, Sparking Fears The Labor Market Is Losing Steam
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims ... Read more
US Consumer Prices Barely Rise; Underlying Inflation Muted
AMERICA - Published date: .
The U.S. Consumer Price Index was expected to edge up 0.1% in May, after rising 0.3% a month earlier. Read more
Don't Expect A China Deal At G-20, Former Trump Trade Advisor Says
AMERICA - Published date: .
"There won't be a deal at the G-20," Clete Willems tells Kayla Tausche at CNBC's Capital Exchange event in Washington. Read more
'Tariff Man' Trump Heads To Iowa, A State Scarred By His Trade War Ahead Of 2020
AMERICA - Published date: .
Trump's trip to Iowa shows an effort to contain the damage from tariffs ahead of the 2020 election — especially as Dem... Read more
Trump Touts Low Inflation Moments After His Onetime Fed Pick Argued For A Rate Cut To Boost It
AMERICA - Published date: .
"The Fed has to cut rates because prices have been falling and once those prices stabilize you just stop cutting rates,"... Read more
US Underlying Producer Prices Increase Solidly In May
AMERICA - Published date: .
The U.S. producer price index was expected to edge up 0.1% in May, after rising 0.2% a month earlier. Read more
Trump Says 'devalued' Currencies Put US At A Disadvantage And The Fed Doesn't Have A 'clue'
AMERICA - Published date: .
President Donald Trump says the U.S. dollar is at a disadvantage compared with other currencies as central banks keep ra... Read more
Commerce Secretary Predicts A Trump-China Trade Deal — 'even Shooting Wars End In Negotiations'
AMERICA - Published date: .
Wilbur Ross warns that trade deals are not made at summits, saying any G-20 talks between Trump and Xi would only lay th... Read more
In An Era Of Big Corporate Deals, CNBC's Top States For Business Reveals Who Has An Edge
AMERICA - Published date: .
CNBC will release its America's Top States for Business 2019 survey in July. This year's competitive landscape is especi... Read more
Economists: The Fed 'isn't Enough' To Offset Damage Of Tariff Skirmishes With China And Mexico
AMERICA - Published date: .
"It would take a dramatic easing of monetary policy for them to fully offset these kinds of effects," one economist said... Read more
Navarro Says Trump's New Tariffs 'may Not Have To Go Into Effect' Depending On US-Mexico Talks
AMERICA - Published date: .
The White House advisor outlined three specific areas where Mexico could make changes to stop Trump from slapping tariff... Read more
The Fed Is 'indicating That A Rate Cut Is Coming,' Says Former Central Banker
AMERICA - Published date: .
Former Fed governor Sarah Bloom Raskin said Chairman Powell's recent speech signals the central bank's willingness to co... Read more
US Inflation Picks Up In April As Spending Slows
AMERICA - Published date: .
U.S. consumer prices increased in April, which could allow the Federal Reserve to keep interest rates unchanged for a wh... Read more