President Donald Trump on Tuesday linked his decision to continue backing Saudi Arabia — despite the murder of a U.S. resident by Saudi agents — to his desire to keep oil prices low. » Read More
By: David Spiegel
Federal Reserve Chairman Jerome Powell has a high approval rating among corporate chief financial officers. The same can't be said of President Donald Trump or his trade advisors, according to the latest CNBC Global CFO Council. » Read More
U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. » Read More
The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by Reuters over the past week say the risk is it will slow that pace down. » Read More
Goldman sees economic growth slowing to below 2 percent in the second half of 2019 as the Fed continues to raise rates and the effects of the tax cut wear off.
Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders.
The U.K's draft Brexit deal is not perfect but the country must avoid crashing out of the European Union without a deal, the president of the influential Confederation of British Industry said.
The former Treasury Secretary warned the Fed should be careful not to raise rates too quickly.
"History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict, says Ray Dalio, the billionaire Bridgewater founder.
U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged.
The number of Americans filing applications for jobless aid unexpectedly rose last week.
U.S. import prices increased more than expected in October, boosted by a surge in petroleum and food prices, but underlying imported inflation pressures remained tame amid a strong dollar.
The central bank needs to start looking at monetary policy's impact on asset prices before economic conditions, Dalio says, adding he would err on the side of caution on rate hikes.
Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase.
While tight supply of homes for sale had been plaguing buyers for much of this year, listings are increasing, but so are prices and interest rates, weakening affordability.
Companies should try digging in their pockets if they're looking to find workers for unfilled jobs, Minneapolis Fed President Neel Kashkari said Tuesday.
The U.S. trade spat with China and other countries is having a negative impact on investors and consumers, the leader of a top trade organization has said.
U.S. wholesale inventories gained slightly more than estimated in September.
A preliminary reading on consumer sentiment for November came in slightly above expectations.
U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals.