Saturday, December 21, 2024
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U.S. Economy

East Coast port strike: Truckers, rails scramble to move billions in cargo before ILA union midnight shutdown

Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on Saturday,...

September consumer confidence falls the most in three years

Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and...

Treasury yields rise as investors digest Fed’s jumbo rate cut

U.S. Treasury yields were higher on Thursday as investors digested the Federal Reserve's decision to cut interest rates by 50 basis points on Wednesday.At...

Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...

It’s a big week for central banks around the world, with a slew of rate moves on the table

Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...

Here’s the inflation breakdown for August 2024 — in one chart

Grace Cary | Moment | Getty ImagesInflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for...

Treasury yields fall after weak jobs report

Treasury yields fell Friday after August's nonfarm payrolls report showed an easing labor market, fueling concerns of an economic slowdown.The yield on the 10-year...

Treasury yields rally as Federal Reserve signals readiness for September rate cut

The U.S. 10-year Treasury rose on Thursday as dovish minutes from the latest Federal Reserve meeting and a large revision lower in preliminary payrolls...

Social Security cost-of-living adjustment may be 2.6% in 2025, new estimate finds

Rapideye | E+ | Getty ImagesEven as new government inflation data shows inflation subsiding, many retirees are still struggling under the weight of higher...

CNBC Daily Open: Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange.NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC...

Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

Powell says a potential September rate cut would be apoliticalFederal Chair Powell said a rate cut at the September meeting would be unrelated to...

10 states with America’s worst infrastructure, and most to gain from billions in federal dollars

American infrastructure is getting the biggest financial boost in generations, and some states need the help more than others.The huge federal programs undertaken by...

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