Economy

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Here's what to expect from Friday's release of the April jobs report

Here's what to expect from Friday's release of the April...

The total picture is one of a labor market that, while undoubtedly cooling, is generally...

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There's 'no chance' Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says

There's 'no chance' Warsh will be able to get the Fed to...

"Do I think he'll cut rates? No chance," Jones said during a wide-ranging CNBC "Squawk...

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Surging gas prices are hurting lower income households harder, New York Fed study shows

Surging gas prices are hurting lower income households...

Lower-income consumers are compensating for higher gas prices by buying less.

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Private payrolls rose by 109,000 in April, topping expectations, ADP says

Private payrolls rose by 109,000 in April, topping expectations,...

The report provided more evidence of a stable labor market and less incentive for...

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Aluminum prices are surging. Here's how companies are handling the costs

Aluminum prices are surging. Here's how companies are handling...

Aluminum's surge since the start of the Iran war is creating cost pressures for...

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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

Hormuz blockade could deepen world’s worst energy crisis...

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic,...

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Wholesale prices rose 0.5% in March, much less than expected despite war impact

Wholesale prices rose 0.5% in March, much less than expected...

The producer price index was expected to increase 1.1% in March, according to the...

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CEOs are betting AI will augment work rather than displace all workers

CEOs are betting AI will augment work rather than displace...

Panelists at the Semafor World Economy conference said artificial intelligence can...

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U.S. says Hormuz blockade 'fully implemented,' while signaling diplomatic off-ramp for Iran

U.S. says Hormuz blockade 'fully implemented,' while signaling...

The White House has been signaling a diplomatic solution to the conflict in the...

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Trump threatens to fire Powell if the Fed chair doesn't leave office on his own

Trump threatens to fire Powell if the Fed chair doesn't...

Though most Fed chairs in the past have left after being replaced, Powell has demurred...

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Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'

Cleveland Fed President Hammack expects interest rates...

The central bank official advocated a patient approach as officials watch incoming...

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Here are all the ways the Iran war has affected the U.S. economy so far

Here are all the ways the Iran war has affected the U.S....

The Iran war is starting to show up in the U.S. economy in ways both obvious and...

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Cattle prices soar to record highs as grilling season heats up

Cattle prices soar to record highs as grilling season heats...

Cattle futures contracts have jumped more than 25% over the past 12 months as ranchers...

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UK economy grew 0.5% in February, beating economists' expectations by a long shot

UK economy grew 0.5% in February, beating economists' expectations...

Economists polled by Reuters expected U.K. gross domestic product (GDP) to have...

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New York Fed President Williams worries war will slow growth, aggravate inflation

New York Fed President Williams worries war will slow growth,...

Williams noted that the conflict has "intensified the uncertainty" around national...

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Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

Fed Governor Waller says Iran war and labor market risks...

Federal Reserve Governor Christopher Waller on Friday said current economic conditions...