Economy

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'We're past peak-restrictiveness,' BOE governor says, as bets rise on Christmas rate cut

'We're past peak-restrictiveness,' BOE governor says, as...

The central bank was seen as more likely to hold rates than not, according to economists.

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Job cuts in October hit highest level for the month in 22 years, Challenger says

Job cuts in October hit highest level for the month in...

Job cuts for October totaled 153,074, a 183% surge from September.

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Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown

Chicago Fed's Goolsbee says he's cautious about further...

The central bank official said told CNBC that he has concerns because of the lack...

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Consumer sentiment nears lowest level ever as worries build over shutdown

Consumer sentiment nears lowest level ever as worries build...

A University of Michigan sentiment survey showed a decline of 6.2% on the month...

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Nexperia parent shares jump 6% as Beijing signals thaw in tensions with Netherlands

Nexperia parent shares jump 6% as Beijing signals thaw...

The dispute over ownership and control of the Dutch-based Nexperia has led global...

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This week's critical inflation report comes with a variety of doubts about the data

This week's critical inflation report comes with a variety...

The September CPI report will command full attention from financial markets, even...

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India to cut Russian oil purchases, U.S. to slash tariffs as they near trade deal: Indian media report

India to cut Russian oil purchases, U.S. to slash tariffs...

The India-U.S. trade talks collapsed earlier this year with New Delhi not agreeing...

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Here's where the economy is starting to show 'K-shaped' bifurcation

Here's where the economy is starting to show 'K-shaped'...

Americans are increasingly diverging in their spending, with wealthier shoppers...

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Everyone is waiting for Friday's big inflation report. Here's what to expect

Everyone is waiting for Friday's big inflation report....

The Friday release of September's consumer price index report is pretty much the...

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Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows

Inflation rate hit 3.0% in September, lower than expected,...

The annual inflation rate as measured by the CPI was expected to be 3.1% in September,...

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Here are the five key takeaways from Friday's consumer price index report

Here are the five key takeaways from Friday's consumer...

The Bureau of Labor Statistics on Friday released its much-anticipated inflation...

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'Battered and bruised but still standing': WTO chief on global trade after tariffs

'Battered and bruised but still standing': WTO chief on...

The global trade system has remained resilient despite the U.S.' introduction of...

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Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows

Private sector created nearly 15,000 jobs a week over the...

Private sector employers added an average 14,250 jobs per week over the past four...

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Trump says fentanyl tariff cut, 'farmers,' Nvidia chips up for discussion with Xi as China confirms meeting

Trump says fentanyl tariff cut, 'farmers,' Nvidia chips...

Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated...

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Trump’s rare earth deals target China’s dominance — here’s why change won’t come soon

Trump’s rare earth deals target China’s dominance — here’s...

Trump’s rare-earth push could channel crucial financing and eventually reduce Beijing’s...

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From futuristic NEOM to tech and tourism, Saudi Arabia's priorities are shifting

From futuristic NEOM to tech and tourism, Saudi Arabia's...

Saudi's economy minister told CNBC the country was "reprioritizing a little bit...