The Roosevelt Institute finds that a universal basic income could increase GDP.
U.S. consumer spending rose slightly less than expected in July and annual inflation increased at its slowest pace since late 2015.
Jim Iuorio, TJM Institutional Services, breaks down the latest data on unemployment, personal spending and core PCE spending. And CNBC's Steve Liesman weighs in.
There are seven states with no personal income taxes on wages, earnings or investment income.
Bill Gates has made his largest donation in 17 years, giving away $4.6 billion worth of shares in Microsoft Corp.
Jonathan Taplin, USC Annenberg professor, discusses how the domination of big platforms like Google, Facebook and Youtube are forcing money out of the system for people including artists and journalists.
South Africa’s scandal-hit President Jacob Zuma was thrown another lifeline Tuesday after a parliamentary vote saw him receive sufficient backing from within his African National Congress (ANC) party to stave off challengers.
Despite facing September deadlines to increase the debt ceiling and pass a new Federal budget, Republican Congressional leaders have made it clear tax reform will be their legislative priority when they return from their August recess.
The average salaries of FTSE 100 chief executives fell by almost a fifth in 2016, shrinking the pay packets of some of the U.K.’s top earners by £1 million ($1.3 million).
Consumer spending slowed in June as income growth turned in the weakest performance in seven months.
At this point all we expect is a minor tax cut early next year, says Beth Ann Bovino, S&P Ratings Services, sharing her outlook on economic growth in the U.S.
CNBC's Steve Liesman gets a read from economists on whether President Trump is having a major influence U.S. economic growth.
CNBC's Rick Santelli breaks down the latest data on income and spending.
The U.K.’s International Trade Secretary Liam Fox is to visit Mexico Wednesday to launch discussions for a post-Brexit deal as part of the Britain’s ongoing efforts to secure its trading future outside of the EU.
Euro zone businesses started the second half of 2017 with solid growth, though declining inflation pressures could put paid to expectations of a stimulus clawback by the ECB later this year, a survey found on Monday.
Most people consider themselves middle class, yet live paycheck to paycheck. Even a six-figure income is not enough.
Democratic Hawaii State Representative Chris Lee discusses his bill to look at implementing universal basic income in the state as the American economy evolves.
Despite future shortfalls, advocates say a benefits expansion is possible.
The U.S. economy grew at a "slight to moderate" pace over the last several weeks across all regions of the country
A new type of mutual fund is designed to help retirees manage their withdrawal rates.