When it comes to economic data points, one Fed official said October is fine, but December is better.» Read More
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview to forecast the Fed's interest rate decisions moving forward and the market's volatility.
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview.
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview to discuss U.S. economy, interest rates, and China's impact on global markets.
OTTAWA, Oct 9- Canada added jobs in September but the unemployment rate unexpectedly rose to a one-and-a-half-year high as more people sought work, news that will likely be fodder for debate in a tightly fought campaign for the October general election. Canada added 12,100 jobs last month, data from Statistics Canada showed on Friday, surpassing economists'...
OTTAWA, Oct 9- Canada added 12,100 jobs in September but the unemployment rate unexpectedly rose to the highest in a year-and-a-half as more people were looking for work, data from Statistics Canada showed on Friday. It was the last major piece of economic data ahead of a Bank of Canada interest rate decision and a federal election later this month.
GENEVA, Oct 8- Youth unemployment is coming down in rich countries but rising in China and Brazil as economic growth abates, the International Labour Organization said on Thursday. But the youth unemployment rate in China has risen from 9.3 percent in 2010 to 10.6 percent last year. Like China, Brazil is also seeing slower economic growth.
CNBC's Rick Santelli breaks down the latest numbers on unemployment.
The group of four institutes said they expect Europe's biggest economy to grow by 1.8 percent this year— down from the 2.1 percent prediction in April. Despite the downgrade, Germany's economy is set to grow faster this year than the 1.6 percent it recorded last year. Germany's unemployment rate should drop from an average 6.7 percent in 2014 to 6.4 percent this...
DUBLIN, Oct 6- Ireland increased its medium-term economic forecasts on Tuesday to take account of strong recent data, saying growth would be better than expected in three of the next five years and the unemployment rate would fall below 8 percent by 2017.. The finance ministry, which last week upgraded its 2016 growth forecast to 4.2 percent from 3.8 percent, said...
The relationship between interest rates and the U.S. economy have fundamentally changed, warns Stephen King, senior economic adviser at HSBC.
The lack of wage inflation will keep the Fed on hold until next year, says Jim Swanson, chief investment strategist at MFS Investment Management.
Dilma Rousseff of Brazil announced Friday that she was cutting her salary by 10%, reducing the size of her cabinet and slashing thousands of coveted jobs, the NYT reports.
WASHINGTON— Black Americans and high school graduates fared better in the U.S. job market in September, while those without high school diplomas and recent veterans lost ground. The unemployment rate for black Americans fell to 9.2 percent, close to a seven-year-low hit in July. The data for various demographic groups came from a survey of households that is...
CNBC's Jeff Cox breaks down the disappointing numbers from the September jobs report.
CNBC's Steve Liesman reports on the latest jobs report data.
Ed Lazear, Stanford Business School professor of Economics, joins CNBC's Rick Santelli to discuss the latest jobs report.
*Sept nonfarm payrolls up by 142,000 vs 203,000 expected. *Unemployment rate unchanged at 5.1 pct. Oct 2- U.S. stocks dropped sharply on Friday after jobs data for September fell far short of expectations, raising doubts that the economy is robust enough to absorb an interest rate hike.
CNBC's Mary Thompson highlights job opportunities in renewable energy from the center of it all in Sweetwater, Texas.
*Sept nonfarm payrolls up by 142,000 vs 203,000 expected. Oct 2- Wall Street opened sharply lower on Friday after data showed a less-than-expected rise in nonfarm payrolls in September, raising doubts that the economy is strong enough to allow the Federal Reserve to raise interest rates this year. The jobless rate held steady at 5.1 percent but average hourly...
Reacting to September jobs data, is Jason Furman, Council of Economic Advisers. Furman says global developments are affecting the U.S. economy.