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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.

Published: 23 hours ago

German inflation eases to hotter-than-expected 2.1% in May

Economists polled by Reuters had expected the German harmonized consumer price index to come in at 2%.

Published: 23 hours ago

Trump advisor Hassett is confident tariffs will prevail despite judges' ruling

The comments follow a ruling from judges on the Court of International Trade who said Trump exceeded his authority on tariffs.

Published: 2 days ago

Credit default swaps are back in fashion — even if the panic might be overblown

The cost of insuring exposure to U.S. government debt has been rising steadily this year, hovering near its highest level in two years.

Published: 3 days ago

Musk says Trump's big bill undermines DOGE; president counters with political reality

Musk criticized President Donald Trump's signature spending bill that recently passed the House.

Published: 3 days ago

Consumer confidence for May was much stronger than expected on optimism for trade deals

Optimism got a much-needed boost in May on hopes for trade pace between the U.S. and China, according to a survey Tuesday.

Published: 4 days ago

Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal

"I have just been informed that the E.U. has called to quickly establish meeting dates," Trump wrote in a post on the Truth Social platform.

Published: 4 days ago

Trump clears Nippon merger with U.S. Steel

President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion in January, citing national security concerns.

Published: 1 week ago

The low-end consumer is about to feel the pinch as Trump restarts student loan collections

JPMorgan sees this action cutting billions from American's spendable cash pile each month.

Published: 2 weeks ago

Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs

Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.

Published: 2 weeks ago

JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.

Dimon's comments come less than a week after the U.S. and China announced that they were sharply reducing tariffs on one another for 90 days.

Published: 2 weeks ago

Watch Fed Chair Jerome Powell deliver live remarks on policy review

Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference.

Published: 2 weeks ago

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate.

Published: 3 weeks ago

'The Germans are back:' Business leaders tell government it's time to deliver

At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality.

Published: 3 weeks ago

Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit

Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March.

Published: 3 weeks ago

Bessent sees tariff agreement as progress in 'strategic' decoupling with China

The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said.

Published: 3 weeks ago

Germany’s new economy boss has a plan — and it starts with risk, speed and big bets

The German economy has long been sluggish, and little reprieve is in sight.

Published: 3 weeks ago

Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal

"A U.K.-U.S. trade agreement is very welcome... But the U.K. is a very open economy," Andrew Bailey told CNBC.

Published: 3 weeks ago

China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market

Prices will need to drop for buyers for them to absorb goods meant for exports, experts warn — risking deeper deflation in China.

Published: 4 weeks ago

U.S. payroll growth totals 177,000 in April, defying expectations

Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.

Published: 4 weeks ago

Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts

Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.

Published: 4 weeks ago

Jobs report Friday to provide important clues on where the economy is heading

A downside surprise could be perilous for the market considering the recent spate of bad economic news and the prevailing angst over tariffs.

Published: 4 weeks ago

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.

Published: 1 month ago

Private payroll growth slowed to 62,000 in April, well below expectations

Companies slowed hiring sharply in April as they braced against potential impacts from President Donald Trump's tariffs.

Published: 1 month ago

Euro zone economy expands by better-than-expected 0.4% in the first quarter

The figure was ahead of the 0.2% forecast in a Reuters poll of economists, and comes amid severe tariff headwinds.

Published: 1 month ago

German inflation dips less than expected to 2.2% in April

Economists polled by Reuters had estimated a 2.1% reading.

Published: 1 month ago

Consumer outlook hits lowest since 2011 as tariff fears mount, Conference Board survey shows

Consumer attitude about both the present and near future dimmed again in April.

Published: 1 month ago

Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite

Shipments from China to the U.S. west coast appear poised to drop sharply in May.

Published: 1 month ago

Adidas warns tariffs will lead to higher costs on its U.S. products

"Higher tariffs will eventually cause higher costs for all our products for the US market," Adidas said in a statement.

Published: 1 month ago

Empty shelves, trucking layoffs lead to a summer recession in Apollo's shocking trade fight timeline

U.S. consumers could start to notice trade-related shortages in their local stores next month, according to Apollo.

Published: 1 month ago