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US weekly jobless claims increase less than expected

First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, up from the 204,000 claims reported for the previous [...]

Trump says GDP would be near 4% and the Dow would be up to 10,000 points higher if it weren’t for the Fed

The president has repeatedly taken the Fed and Chair Jerome Powell to task for raising rates too [...]

Trump at Davos urges countries to ‘put their own citizens first’ as he touts US economic success

Hours before his impeachment trial was set to begin in earnest back home, Trump touted his “America First” agenda to world leaders at [...]

White House top economic advisor Larry Kudlow says economic growth will beat 3% this year

President Trump’s top economic advisor said GDP growth in the U.S. should hit at least 3% in [...]

Trump says he ‘could get used to’ negative interest rates as he knocks the Fed: ‘Love that’

President Trump touted at the World Economic Forum in Davos, Switzerland, the use of negative interest rates to bolster economic [...]

Kudlow says ‘tax cuts 2.0′ will be unveiled later this year during Trump presidential campaign

National Economic Council Director Larry Kudlow said that the White House plans to unveil a plan for additional tax cuts later in [...]

US housing starts soar 16.9% in December to a 13-year high

U.S. homebuilding surged in December as activity increased across the board, suggesting the housing market recovery was back on [...]

Manufacturers to spend $26.2 billion on ‘upskilling’ in 2020 to attract and keep workers

With a skills gap plaguing manufacturing, companies are spending big to train their current workforce and ensure a pipeline of [...]

US manufacturing output rises unexpectedly

U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other [...]

Trump to nominate Shelton, Waller to serve on Fed

President Donald Trump will pick two economists, Judy Shelton and Christopher Waller, to serve on the Federal Reserve Board, the White House said on [...]

Here’s why a sluggish manufacturing sector may bounce back soon

Purchasing managers have been gloomy on manufacturing for the past five months, but the sector now looks like it could be about to spring [...]

The pickup truck indicator shows the economy is strong

One firm analyzed pickup truck sales in order to get a read on the state of small businesses in the United [...]

US weekly jobless claims drop unexpectedly

The number of U.S. workers filing new claims for unemployment benefits unexpectedly fell last week, pointing to continued strength in the labor [...]

US retail sales climb in December, and November sales were revised up

U.S. retail sales were expected to climb 0.3% in December, up slightly from the 0.2% increase a month [...]

Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association [...]

US producer prices barely rise as services remain subdued

The U.S. producer price index was expected to increase by 0.2% in December, compared with a flat reading a month [...]

Fed could use negative rates if US recession strikes, Goldman Sachs chief economist predicts

The Federal Reserve could announce negative rates in the future, despite its current doubts about this unconventional measure, Goldman Sachs [...]

US consumer prices gain slightly; underlying inflation tame

U.S. consumer prices rose slightly in December and monthly underlying inflation pressures [...]

JP Morgan tells wealthy clients a ‘progressive overhaul’ of economy is one of 2020′s biggest risks

J.P. Morgan Asset and Wealth Management also said an uptick in inflation is a risk to the market in [...]

The Fed could cut interest rates 3 times this year, UBS predicts

Arend Kapteyn, global head of economic research at UBS, said the first Fed rate cut could come in [...]

US budget deficit topped $1 trillion in 2019 for the first time in seven years

The budget shortfall hit $1.02 trillion for the year, a 17.1% increase from 2018, which itself had seen a 28.2% jump from the previous [...]

Here’s where the jobs are — in one chart

CNBC studied the net change in employment by industry for December based on data from the Labor [...]

Manufacturing jobs are ‘tough to fill’ and stand out as the weak spot in the employment picture

It’s not that the jobs aren’t there: There were still 477,000 open positions as of [...]

Job market ends 2019 with disappointing 145,000 growth in payrolls

The U.S. jobs market ended 2019 on a sour note, with December’s payroll and wage growth missing expectations, according to Labor [...]

Nearly all corporate CFOs say the economy is going to slow and the stock market is overvalued

Chief financial officers at big U.S. companies enter 2020 on a cautious [...]

Weekly jobless claims fall but number of unemployed surged to a more than 1 1/2-year high

New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be [...]

Fed policy is in a ‘good place’ but will remain flexible on rates and repo, vice chairman says

Richard Clarida said rate cuts last year helped quell worries over global [...]

Private payroll growth surges in December to end 2019 strong, ADP says

Companies added 202,000 positions in another sign of a healthy labor market, according to a report Wednesday from ADP and Moody’s Analytics. The total was well above the 150,000 estimate from economists surveyed by Dow [...]

Latest data show the economy ended 2019 on a strong note, putting recession fears to bed

Manufacturing and trade reports Tuesday confirmed that GDP is on pace to rise more than 2% for the fourth [...]

Mortgage rates fall further, as buyers rush into the first open houses of 2020

The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, according to Mortgage News [...]

US trade deficit falls more than expected to hit lowest level since Trump took office

The U.S. trade deficit fell more than expected in November ahead of negotiations with China that cooled the simmering tariff battle between the two [...]

US consumer confidence dips in December

“There is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020,” said Lynn Franco, director of economic indicators at The Conference Board, in the [...]

The Fed is about to make a major policy change. Here’s how it works

Consider the Fed the Starship Enterprise: It went where no central bank had gone, and now must plot the journey home.


US existing home sales stumbles as prices hit record high

The National Association of Realtors said existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last [...]

Small businesses are split over Republican health-care plans

Small business owners often resent the cost and regulatory burden of complying with the health-care law, N>Y. Times [...]

Democrats take aim at big business and drug prices in new economic campaign

Democrats led by Pelosi, Schumer and Warren roll out their 2018 economic platform titled "A Better [...]

Investor confidence and America’s status as the world’s economic leader are at risk under Trump

As Trump strains the justice system and upends American commitments, the president poses two kinds of [...]

Here’s what could come out of the UK trade secretary’s meeting with Wilbur Ross

Commerce Secretary Wilbur Ross will begin talks with Britain Trade Secretary Liam Fox for a new trade [...]

Leading indicators beat expectations in June

Leading indicators increased in June, beating expectations and pointing to an improving economic [...]

Bill Gross is worried that central banks will lead the world into recession

Bill Gross is sending up a cautionary warning about rising interest rates ahead and the damage they can [...]

BlackRock bond guru sees low rates for longer no matter who becomes the next Fed chair

BlackRock's Rick Rieder says the new Fed chair's transition will be [...]

US jobless claims fall to near five-month low

The number of Americans filing for benefits fell more than expected, suggesting another month of strong job [...]

US homes are now more valuable than ever

The median home value in June surpassed $200,000, up 7 percent from a year ago, according to Zillow. [...]

The Canada-Mexico trade deal talks will start in DC on Aug 16

The first round of talks revamping NAFTA will be Aug. 16-20 in [...]

US officials demand China make its trade ‘more fair’ at talks

Trump administration officials want U.S. companies to have more access to China's [...]