CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Retailers head back to school. The Fed meets next week, and Friday brings a big labor report.» Read More
In an exclusive interview with CNBC, Michael Moskow, president of the Chicago Federal Reserve Bank, said he believes inflation expectations are “well contained” and he sees stronger economic growth ahead.
Mike Huckabee, former Arkansas governor and presidential candidate, told “Squawk Box” he’s “running the electric car of presidential campaigns.” Huckabee advocated change on several key fronts: taxation, health care and U.S. relations with Russia -- and used the NASCAR race as an analogy for his competitive edge.
Sony's game unit said on Thursday it planned to cut jobs in the United States and was eyeing restructuring steps in Japan as it struggles to keep up with industry rival Nintendo.
Australian employment surged way past all expectations for a second straight month in May, driving the jobless rate to 33-year lows and fuelling concerns the drum-tight labor market would eventually stoke inflation.
The White House remains optimistic about the U.S. economy, despite its forecast that the gross domestic product will drop from 2.9% to 2.3% for 2007. Chairman of the Council of Economic Advisors Edward Lazear shared his insights with CNBC’s Liz Claman on “Morning Call.”
European planemaker Airbus will unveil further details of its Power8 restructuring programme to its unions on Tuesday, hoping to dampen nationalist rivalries blamed for superjumbo production delays.
British service sector activity grew slightly more than expected in May but companies raised prices at their weakest rate in more than a year, a survey showed on Tuesday.
May's rally is already running into June, and the momentum could keep going as markets next week focus on the promise of new mergers, Fed-speak, a modest batch of economic data and corporate conferences.
Brian Gendreau, investment strategist for ING Investment Management, told CNBC’s “Closing Bell” that he sees moderate economic growth and moderating inflation ahead, but he warned that the market remains vulnerable.
The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May, while factoryactivity improved and consumers remained upbeat, according to data Friday which suggested the economy was bouncing back.
U.S. manufacturing grew a bit more rapidly in May as factory managers restocked depleted inventories, according to a survey published on Friday.
Jobs and manufacturing data combine this morning to tell the tale of the consumer and manufacturing pillars of the economy for a market set on moving higher. Stock futures are moving up after markets around the world start the month of June with gains.
Euro zone quarterly economic growth slowed as expected at the start of the year as consumer demand contracted and export growth plunged, data from European Union statistics office Eurostat showed on Friday.
New Jersey's Supreme Court certified a class-action lawsuit against Wal-Mart Stores by New Jersey employees who claim that the nation's largest retailer denied them meal and rest breaks, and forced them to work off-the-clock.
Germany's unemployment rate dropped to 9.1% in May and the number of people out of work fell to a 5 1/2-year low amid a sustained pickup in Europe's biggest economy, government figures showed Thursday.
A gauge of U.S. online recruitment activity rose for a fifth straight month in May as demand for workers eased slightly but remained strong, a global online careers and recruiting firm, said on Thursday.
Cell-phone maker Motorola on Wednesday said its scheduled reduction of 3,500 workers will be complete by June 30, and it will cut 4,000 more workers during 2008.
The shortened post-holiday week promises to be anything but quiet, as a wave of economic news could turn investor focus away from the now normal diet of merger activity and onto a feast of economic data that could show the U.S. economy may indeed be more resilient than expected.
Goldman Sachs Group, a barometer of Wall Street's health, said it expects its head count to increase in the high single-digits in 2007.
China's Vice Premier Wu Yi in a speech Thursday night rebuffed U.S. demands for trade and currency reforms. President Bush commented that he was "disappointed." What does this mean for trade relations between the two key economic powers? Morris Reid, former Commerce Department aide under President Bill Clinton, and Kellyanne Conway, president and CEO of The Polling Company, gave their opposing views on "Morning Call."