For the first time since President Donald Trump took office, the CNBC All-America Economic Survey shows more than half of the public approving of the job he is doing in handling the economy and it appears to be having an impact on his overall approval rating. » Read More
Harley-Davidson, up against spiraling costs from tariffs, will begin shifting the production of motorcycles headed for Europe from the U.S. to factories overseas. » Read More
By: Jeff Cox
Even as growth ramps up to what could be the fastest rate since before the financial crisis, economists are worried that a trade war could tip the U.S. into a significant slowdown or even a recession. » Read More
With a tit-for-tat trade war looming, CFOs from the world's largest firms are growing seriously concerned, according to the latest CNBC Global CFO Council survey. » Read More
ICE budget requests have skyrocketed under Trump. Here’s how much it costs to detain someone in an immigration facility in the U.S.
The Leading Economic Index was expected to rise 0.4 percent in May for its seventh straight month of gains.
Ross insists the Trump administration's aggressive approach on tariffs will eventually help American companies.
Paying down debt and employee bonuses saw the biggest spending increases from corporations thanks to the Trump tax cuts.
China's commerce ministry warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington's penchant for brandishing "big sticks."
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
The Swiss franc has strengthened sharply against the euro in recent weeks.
Index provider MSCI said on Wednesday it will reclassify Argentina as an emerging market and start including Saudi Arabia in that classification in a move that could be supportive of their local equities.
Citing robust growth and a generational low in unemployment, Federal Reserve Chairman Jerome Powell emphasized the central bank's commitment to further interest rate hikes in a speech Wednesday.
Existing home sales were expected to increase in May.
German auto makers are proposing an end to the European Union's 10 percent import tax on U.S.-made cars, the Wall Street Journal reported Wednesday.
Home sales are heating up on the Massachusetts vacation island and dollar volume could exceed $1 billion this year.
The EU will start charging import duties of 25 percent on a range of U.S. products after Washington imposed tariffs on EU steel and aluminum at the start of June.
The gain in mortgage applications was driven by applications to refinance a home loan.
A stronger economy is keeping workers in the job market and dissuading many Americans from seeking social security benefits, The New York Times reports.
As China and the U.S. near a trade war, both nations bring different weapons to the table. For the U.S., it's direct tariffs on the plethora of goods it imports, while for China the calculus is a little different.