A job seeker holds paperwork during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on Sept. 25, 2026 in Sunrise, Florida. Joe Raedle | Getty Images Employers continue to hold onto workers even as hiring remains weak, sending weekly jobless claims to around their lowest levels in records that stretch…
With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic, and President Donald Trump‘s economic approval rating is hitting an all-time low, according to the latest CNBC All-America Economic Survey. Eight out of 10 Americans…
A person shields themselves from the rain while walking near the Bank of England building on the day the Monetary Policy Committee lowered interest rates, in London, Britain, Dec.18, 2025. Toby Melville | Reuters U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels….
Workers install roofing for a new home under construction in Palm Beach Gardens, Florida, US, on Monday, June 29, 2026. Zak Bennett | Bloomberg | Getty Images The Federal Reserve’s inflation fight is running into a growing complication: The housing market is slumping even as broader price pressures persist. Housing data deteriorated further in September,…
Nirmala Sitharaman, India’s finance minister, during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok, Thailand, on Thursday, Oct. 15, 2026. Bloomberg | Bloomberg | Getty Images Excess liquidity in India’s equity market has contributed to underperformance and may continue to do so, according to Finance Minister Nirmala Sitharaman. “Because of the…
An electronic display shows the national debt in Washington, Aug. 19, 2026. Mandel Ngan | AFP | Getty Images The U.S. finished the 2026 fiscal year with a budget deficit of nearly $2 trillion, the latest measurement to underscore the extent of the country’s financial stress. The $1.992 trillion figure was about 12% higher than…
A customer with a loaded shopping cart of groceries at a Walmart Supercenter retail store in North Bergen, New Jersey, U.S., Nov. 21, 2025. Mike Segar | Reuters Wall Street estimates for the Federal Reserve’s preferred inflation indicator now expect an acceleration from the level that prompted the central bank to hike rates last month….
Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) at the Federal Reserve in Washington, D.C., U.S. September 16, 2026. Evan Vucci | Reuters Traders are betting overwhelmingly that the Federal Reserve won’t raise interest rates when it meets later this month. But that…
David Zervos, Chief Market Strategist of Jefferies LLC, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 3, 2025. Jeenah Moon | Reuters The International Monetary Fund should check its own forecasting record before criticizing U.S. fiscal policy, David Zervos, newly appointed…
September’s producer price index came in much hotter than economists forecasted on Thursday, underscoring the continued inflationary pressure from energy amid the U.S. war with Iran. The measure of underlying inflation pressures climbed 1.3% in September and 6.3% on an annual basis, according to the Bureau of Labor Statistics. That marked the largest monthly and…