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Trump's Fed firing: What to know and why it matters

What you need to know about President Donald Trump's decision to fire Federal Reserve Governor Lisa Cook.

Published: 10 hours ago

German autos sector slashes jobs as economic woes bite

Germany's industry is suffering as Europe's largest economy is facing various headwinds.

Published: 2 days ago

From the 'Big Stay' to a 'no-hire, no-fire' freeze, labor markets are seeing sizable shifts

Many workers are staying put in their jobs, while businesses are putting the brakes on hiring or firing.

Published: 3 days ago

Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment

The term "recession" has popped up again as a selling point this summer, perhaps providing a look at how businesses are reacting to consumer sentiment.

Published: 5 days ago

Spain’s economy keeps growing — why is the country doing so well?

A booming tourism sector, foreign investment and immigration are among the main pillars supporting economic growth in Spain.

Published: 3 days ago

Chocolate lovers, brace yourselves: Prices are rising, but not forever

"There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of products," one analyst told CNBC.

Published: 5 days ago

Modi gives tax boon to India's economy amid Trump tariff tensions

Markets welcomed the news of proposed tax cuts set to bolster domestic consumption in India, which faces the prospect of steep U.S. tariffs.

Published: 1 week ago

Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts

The Jefferies strategist told CNBC that central bankers shouldn't be daunted by the PPI showing inflation pressures hotter than expected.

Published: 2 weeks ago

Wholesale prices rose 0.9% in July, much more than expected

The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.

Published: 2 weeks ago

Economist Sumerlin confirms he's in the running for Fed chair, backs big interest rate cut

Sumerlin said on CNBC that lowering the Fed's key rate would be an easy decision now.

Published: 2 weeks ago

As Trump berates Goldman, other economists agree that higher tariff inflation is coming

Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it's far from alone in that view.

Published: 2 weeks ago

Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist

Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets.

Published: 2 weeks ago

Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation

Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.

Published: 2 weeks ago

Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

The CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core

Published: 2 weeks ago

Trump-Putin talks are already a triumph for Moscow, its economy and markets

Economists say the talks are "already a win" for Putin, whose economy is limping along after three years of war.

Published: 2 weeks ago

U.S.-China high-stakes tariff truce extension hangs in the balance as deadline looms

Following the latest bilateral meeting in Stockholm in July, Beijing had struck an optimistic tone on an extension, while U.S. negotiators had put the ball in Trump's court.

Published: 2 weeks ago

From lipsticks and Labubu dolls to concerts, the 'treatonomics' trend is booming in uncertain times

Spending on mood-boosting products and experiences is proving resilient as consumers seek a morale boost in hard and uncertain times.

Published: 3 weeks ago

Bank of England narrowly votes to cut interest rates to 4% as balancing act continues

The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a "gradual and careful" approach to lowering interest rates.

Published: 3 weeks ago

Trump's 'reciprocal' tariffs come into effect, hitting dozens of U.S. trading partners

Many of the U.S.' trading partners now face higher tariffs on their exports to the country.

Published: 3 weeks ago

Trump’s tariff playbook comes with a baseball twist

Say what you like about U.S. President Donald Trump's leadership style and policies, but he certainly has a unique way with words.

Published: 3 weeks ago

War-weary Syria will be hurt further by Trump's 41% tariff rate — the highest on earth

The tariffs could be a form of U.S. leverage over the decisions of the fragile Al Sharaa government, one analyst suggested.

Published: 3 weeks ago

Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers

Switzerland is facing potential U.S. tariffs of 39% if a deal is not struck by Thursday.

Published: 3 weeks ago

Russia's economy 'stinks,' Trump says, and lower oil prices will stop its war machine

"Putin will stop killing people if you get energy down another $10 a barrel. He's going to have no choice because his economy stinks," Trump said Tuesday.

Published: 3 weeks ago

Trump says Treasury Secretary Bessent 'does not want' to be Fed chair, but 4 others in running

U.S. President Donald Trump spoke Tuesday morning on CNBC's "Squawk Box."

Published: 3 weeks ago

Russia weighs in on U.S.-India tariff spat, saying New Delhi can choose its own trade partners

The Kremlin commented on Tuesday that Trump's comments were "attempts to force countries to stop trade relations with Russia."

Published: 3 weeks ago

Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

The weakness in job growth points to an economy that may be slowing even more than some of the traditional metrics are showing.

Published: 3 weeks ago

Housing to remain weakest part of economy, falling 8% in the second half, Goldman says

The Wall Street investment bank named immigration and affordability challenges as two obstacles standing in the way a housing boost.

Published: 3 weeks ago

Trump set to name replacements at the Fed and Bureau of Labor Statistics in coming days

Both spots opened up Friday through the resignation of Fed Governor Adriana Kugler and the firing of Erika McEntarfer at the BLS.

Published: 3 weeks ago

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors.

Published: 4 weeks ago

Here's where the jobs are in this slowing economy

July's much weaker-than-expected job growth was supported primarily by the health-care sector, data from the Bureau of Labor Statistics released Friday shows.

Published: 4 weeks ago