Commerce Secretary Howard Lutnick said Thursday that the U.S. should focus on bringing in immigrants that help grow the economy as the White House rolls out its long-awaited “gold card” visa. “We’re the only great country that lets other people just come in without vetting them and deciding whether they’re really going to help the…
In the Federal Reserve’s battle between fighting inflation and limiting unemployment, the latter side carried the day Wednesday and could also have an edge heading into 2026 if labor market weakness becomes more evident through an apparent overcounting of jobs numbers. In the immediate term, worries over the employment situation meant a vote, albeit divided…
Commemorative quarter-dollar depicting two Pilgrims on front and the Mayflower on the back. Source: U.S. Mint The U.S. Mint on Wednesday revealed special quarter-dollar coin designs for the 250th birthday of the U.S. featuring pilgrims and former presidents rather than previously floated civil rights themes. Designs considered ahead of next year’s anniversary included those focused…
Consumers are still dining out, but instead of higher-priced entrees, many are ordering more appetizers. As food inflation and affordability dominates the conversation about the U.S. consumer, new restaurant purchasing data shows even among Americans who are going to restaurants, many are in the mindset of cutting back. “Appetizer orders are up 20% year over…
A staff member prepares for the arrival of Chinese Vice Premier Ding Xuexiang and EU Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera during China-EU Sixth High Level Environment and Climate Dialogue (HECD) at the Diaoyutai State Guest House in Beijing on July 14, 2025. Wang Zhao | Afp | Getty Images…
A job seeker speaks with a recruiter at the KeySource booth at the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena in Sunrise, Florida, on April 30, 2025. Joe Raedle | Getty Images Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest…
National Economic Council Director Kevin Hassett, one of the finalists for the Federal Reserve chair job, showed support Tuesday for central bank independence. With President Donald Trump apparently in the final days of picking a successor to Jerome Powell at the Fed, Hassett declined in a CNBC interview to directly address his own candidacy but…
[The stream is slated to start at 8:15 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Governor Christopher Waller is slated to speak at at the Yale CEO Summit on Wednesday. Waller is one of the five…
People shop at a grocery store in Brooklyn on Dec. 12, 2025 in New York City. Spencer Platt | Getty Images Wall Street is awaiting Thursday’s release of the November consumer price index report, as it will mark the first reading for the period since the record-setting U.S. government shutdown ended last month. According to…
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images The Bank of England voted narrowly to cut interest rates on Thursday, in its last monetary policy move of 2025. The central bank’s nine-member monetary policy committee (MPC) on Thursday voted 5-4 to…