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WTO hikes global trade forecast for 2025 — but next year doesn't look so good

Global trade volumes rose sharply in the first half of 2025 as businesses front-loaded imports ahead of higher tariffs.

Published: 3 days ago

The shutdown meant no jobs report. Carlyle's analysis shows it would have been pretty bad

The firm said its proprietary data showed job growth of just 17,000 for the month, which would be even less than the 22,000 gain in August.

Published: 3 days ago

Missing this pay date may be too much for Trump and Congress to prolong shutdown

While the sides have dug in their heels regarding the budget, missing a pay period for the military may not be seen as worth the fallout.

Published: 3 days ago

Mongolia to join data center frenzy with Chinggis Khaan sovereign wealth fund

Mongolia plans to build more data centers as the country readies its first sovereign wealth fund, tapping to the rising global demand for data center capacity.

Published: 4 days ago

The shutdown meant no jobs report. Here's what it would have said about the economy

While the BLS has gone dark with the shutdown, other reports suggest the labor market just plodded along in September.

Published: 6 days ago

For first-time job hunters, a college degree isn't unlocking the opportunities it once did, data shows

Data shows young college grads are feeling the brunt of the labor market slowdown.

Published: 6 days ago

Report shows hiring at lowest since 2009 as economists turn to alternative data during shutdown blackout

The data points fill in some gaps on information that usually comes from the Labor Department but are delayed because of the shutdown.

Published: 1 week ago

Treasury Secretary Bessent says U.S. GDP could take a hit from the government shutdown

The Cabinet official spoke on the second day of the government closure.

Published: 1 week ago

The government shutdown is likely to cement additional Fed interest rate cuts

Chair Jerome Powell and his fellow central bankers likely will err on the side of caution, which would be a bias towards easing.

Published: 1 week ago

Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout

Private payrolls saw their biggest decline in 2½ years during September, ADP said.

Published: 1 week ago

Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout

Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming government shutdown, the Conference Board reported.

Published: 1 week ago

Boston Fed President Collins sees caution on future interest rate cuts

Collins on Tuesday expressed support for the recent interest rate cut but skepticism on future moves.

Published: 1 week ago

Government shutdowns usually have little economic impact. This time could be different

For all the political firestorms they generate, government shutdowns have been nonevents for both markets and the economy.

Published: 1 week ago

A possible risk to markets from a shutdown getting chatter on trading floors

Wall Street is questioning some of the tail risk from a government shutdown and how it might differ from what's happened in prior closures.

Published: 2 weeks ago

Labor Dept. won't release Friday's key jobs report, other data if government shuts down

The department is preparing for what would amount to a news and data blackout should the government suspend operations.

Published: 1 week ago

The UK's finance minister keeps public guessing over tax hikes

Reeves remains tight-lipped about the forthcoming Autumn Budget, at which economists expect her to announce tax hikes.

Published: 2 weeks ago

The resilient stock market may be keeping the economy out of a recession. Why that's a bad thing

Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.

Published: 2 weeks ago

Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows

The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago.

Published: 2 weeks ago

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

Initial claims for unemployment insurance were expected to total 235,000 for the week ending Sept. 20.

Published: 2 weeks ago

U.S. expands tariff dragnet to masks, syringes and robotics in sweeping import probe

The Trump administration has launched investigations into imports of robotics, industrial machinery and medical devices, paving the way for fresh tariffs.

Published: 2 weeks ago

U.S. Latino immigrants generate $1.6 trillion in GDP, report says

Mass deportations of undocumented workers could cause GDP to decline by $2.3 trillion, or 7.7%, in 2025 dollars, according to the report.

Published: 2 weeks ago

Fed Chief Powell says stock prices appear 'fairly highly valued'

Powell on Tuesday noted that asset prices, a category that typically includes stocks and other risk instruments, are at elevated levels.

Published: 2 weeks ago

U.S. and global growth forecast lifted by OECD as economies surprise to the upside

The OECD noted that many economies have been more resilient than expected so far this year.

Published: 2 weeks ago

The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher

Ten- and 30-year Treasury yields rose this week after the central bank cut its short-term interest rate.

Published: 3 weeks ago

Steve Bannon floats idea of Bessent running both Treasury and the Fed

White House confidante Steve Bannon has an unusual solution for who should take over as Federal Reserve Chair Jerome Powell next year.

Published: 3 weeks ago

Germany was billed as Europe's growth driver. Now economists are saying: Not so fast

Germany was a hub of excitement earlier this year amid high hopes of an economic rebound — domestically, and across Europe.

Published: 3 weeks ago

Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Published: 3 weeks ago

Sales of heavy trucks are falling like the U.S. is headed for a recession

Heavy trucks sales have dropped to levels not seen in four years, according to the U.S. Bureau of Economic Analysis.

Published: 3 weeks ago

Sticky UK inflation unlikely to move the needle for Bank of England

The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.

Published: 3 weeks ago

Bessent sees trade deal likely with China before November deadline on reciprocal tariffs

Treasury Secretary Scott Bessent appeared Tuesday on CNBC's "Squawk Box" program.

Published: 3 weeks ago