Private company hiring bounced back with a 104,000 increase in July, ADP says

Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.

Published: 20 minutes ago

Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions

Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global trade policy.

Published: 1 hour ago

Euro zone economy ekes out better-than-expected 0.1% growth in second quarter

Attention has focused on how tariffs may impact Europe's economies.

Published: 3 hours ago

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.

Published: 2 hours ago

The EU-U.S. trade deal could have one unexpected winner: The UK

The EU-U.S. trade agreement has been met with scepticism as concerns over what it means for the bloc have emerged.

Published: 1 day ago

Even with high tariffs, Trump's trade war suddenly is starting to look not so scary on Wall Street

Economists cite several factors as reasons for why the landscape looks less dire.

Published: 2 days ago

Trump says he believes Powell is ready to start lowering rates

Trump on Friday expressed confidence the Fed will start cutting, a day after he met with central bank Chair Jerome Powell.

Published: 5 days ago

Textiles to whisky: U.K.–India 'historic' deal is set to boost bilateral trade by over $34 billion a year

The deal was signed in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

Published: 5 days ago

European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge

It is the central bank's first interest rate hold this year, as inflation settles around its 2% target.

Published: 6 days ago

Trump's aluminum tariffs may be sparking a green recycling boom — unintentionally

His protectionist trade policy, often at odds with environmental goals, is in fact building an economic case for recycling millions of tonnes of scrap metal exports.

Published: 6 days ago

El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence

El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the Wall Street consensus.

Published: 1 week ago

Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve

Bessent suggested for a review that would go beyond the current controversy over building renovations.

Published: 1 week ago

Brexit made businesses abandon the UK. Trump's hefty EU tariffs could bring them back

President Trump's threatened 30% tariffs on the EU might prompt some businesses to take another look at the U.K.

Published: 1 week ago

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters

"At that 30% level ... it will be a lose-lose situation," one distillery boss told CNBC.

Published: 2 weeks ago

Inflation outlook tumbles to pre-tariff levels in latest University of Michigan survey

Consumers' worst fears about tariff-induced inflation have receded, though they are still wary of price increases to come.

Published: 2 weeks ago

Israel's stock market outperforms Middle East counterparts despite multi-front wars

Israel's markets have been lifted by significant foreign investment and more recently by renewed investor confidence following its 12-day conflict with Iran.

Published: 2 weeks ago

Kevin Warsh touts 'regime change' at Fed and calls for partnership with Treasury

Warsh called for sweeping changes on how the Fed conducts business and suggested a policy alliance with the Treasury Department.

Published: 2 weeks ago

Trump denies that he plans to fire Powell: 'Highly unlikely'

The comments came after the Supreme Court indicated that President Donald Trump does not have the authority to arbitrarily fire Fed Chair Jerome Powell.

Published: 2 weeks ago

Wholesale inflation measure was unchanged in June

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

Published: 2 weeks ago

UK inflation hits hotter-than-expected 3.6% in June

Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June.

Published: 2 weeks ago

Inflation picks up again in June, rising at 2.7% annual rate

The consumer price index in June was expected to increase 2.7% from a year ago, according to the Dow Jones consensus estimate.

Published: 2 weeks ago

Inflation report Tuesday should provide clues on the impact tariffs are having on prices

June's inflation report will be looked at not so much for what the headline numbers show than what's in the underlying data.

Published: 2 weeks ago

India's inflation cools to 2.1% in June, extending slide to more than 6-year lows

Published: 2 weeks ago

Treasury posts unexpected surplus in June as tariff receipts surge

Last month saw a surplus of a little more than $27 billion, following a $316 billion deficit in May.

Published: 3 weeks ago

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, the latest letter to a trade partner that threatens high rates.

Published: 3 weeks ago

Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows

Fears earlier this year that President Donald Trump's tariffs would result in a sharp inflation spike have completely receded.

Published: 3 weeks ago

Trump threatens extra 10% tariff on countries that align with 'Anti-American' BRICS policies

Trump confirmed the U.S. will start delivering letters on Monday, detailing tariff rates and any agreements reached with various trading partners.

Published: 3 weeks ago

Here's where the jobs are for June 2025 — government sector leads the way

State and local government job growth boosted the U.S. labor market in June.

Published: 4 weeks ago

U.S. payrolls increased by 147,000 in June, more than expected

Nonfarm payrolls were expected to increase 110,000 in June. The unemployment rate was forecast to rise to 4.3%.

Published: 4 weeks ago

With June jobs report looming, DOGE government layoffs could start becoming a factor

A gradual pullback in hiring and job openings has come as hundreds of thousands of federal workers are out looking for employment.

Published: 4 weeks ago