Keyword "Breaking News: Economy" - List of latest news (2 001 results)

15:00 IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue

The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.

14:29 Stocks making the biggest moves premarket: Boeing, Tesla, BP, Eli Lilly and more

These are the stocks posting the largest moves in premarket trading.

10:47 10-year treasury yield dips after Trump backtracks plans to axe Fed chief

The 10-year Treasury declined on Wednesday after U.S. President Donald Trump backtracked comments he made about firing Federal Reserve Chairman Jerome Powell.

01:34 Here's what Elon Musk said about tariffs and their potential effect on Tesla

Tesla CEO Elon Musk addressed the tariff issue on his company's earnings call on Tuesday, making it clear that President Trump is calling the shots.

20:08 Trump stands 'strongly behind' Hegseth, White House says

Pete Hegseth is under scrutiny again, after the Defense Secretary reportedly discussed highly sensitive military plans in a Signal chat with his family.

19:30 NYC's most expensive home lists for $110 million amid market uncertainty

The four-floor listing at 111 West 57th St. spans 11,480 square feet and is being pitched as a rare collector’s item for global elites.

19:17 Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'

Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.

18:42 About half of Americans have a negative view on Tesla and Elon Musk, CNBC survey finds

The broad public and investors have something in common these days: They don't have a lot of love for either Tesla or CEO Elon Musk.

17:56 If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell

Changing out the Federal Reserve chair doesn't guarantee rate cuts for President Donald Trump, according to Wall Street economists.

17:47 Chinese freight ship traffic to busiest U.S. ports, Los Angeles, Long Beach, sees steep drop

Freight vessel traffic from China bound for the ports of Los Angeles and Long Beach is down sharply as Trump's tariffs and recession fears hit trade.

22/04 RTX, GE Aerospace expect more than $1 billion tariff impact

Aerospace suppliers are grappling with higher prices for parts from President Donald Trump's tariffs.

22/04 IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions

The Washington-based IMF, in its World Economic Report, cited intensifying downside risks as it lowered its growth projections.

22/04 Stocks making the biggest moves premarket: GE Aerospace, Amazon, 3M and more

These are the stocks posting the largest moves in premarket trading.

22/04 As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not

The King Dollar is losing its crown, and the rippling effect on other currencies is bringing a mix of relief and headache to central banks around the world.

21/04 Trump will host Walmart, Target, Home Depot execs for tariff meeting

Trump's aggressive tariff policies have caused uncertainty both for investors and business leaders, many of whom rely heavily on imported goods.

21/04 Ron Insana: Confidence in the U.S. will be shaken if Trump seeks to remove Powell as Fed chair

Investors would be deeply unsettled if President Donald Trump were to fire Federal Reserve Chairman Jerome Powell, Ron Insana says.

21/04 Stocks making the biggest moves midday: Hertz, Nvidia, Amazon, Apple and more

These are the stocks posting the largest moves in midday trading.

21/04 Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones'

Foreign trade zones allow companies to store imports without paying tariffs, and they are becoming more popular as President Trump's trade war escalates.

21/04 Trump ramps up attacks on Powell, demands 'loser' Fed chair lower rates 'NOW'

President Donald Trump ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell.

21/04 10-year Treasury yield rises as investors weigh Trump's criticism of Powell

The yield on the 10-year U.S. Treasury note rose after the Easter weekend as investors weighed President Donald Trump's criticism of the Federal Reserve.

20/04 Trump tariffs could lead to a summer drop-off in economic activity after an 'artificially high' start, Chicago Fed chief says

Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump's tariffs, followed by a summer drop-off.

20/04 Sen. Van Hollen says trip to El Salvador was about defending the right of due process, not 'defending the man'

Van Hollen's Sunday show media blitz comes after he traveled to El Salvador this week to meet with Abrego Garcia, who was mistakenly deported from Maryland.

19/04 Trump's approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds

President Donald Trump is registering the worst economic approval numbers of his presidential career, according to the latest CNBC All-America Economic Survey.

18/04 Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing'

President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.

18/04 Trump will study whether to fire Fed Chair Powell, adviser says

"The president and his team will continue to study that matter," the White House economic adviser said.

18/04 Canadian small businesses are taking Trump's tariffs personally

Canadian national pride has sparked resistance and inspired action from small businesses.

18/04 Japan markets trade flat as investors parse key inflation data

Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.

17/04 Stocks making the biggest moves midday: Eli Lilly, Alphabet, Hertz, UnitedHealth and more

These are the stocks posting the largest moves in midday trading.

17/04 Stocks making the biggest moves premarket: Hertz, UnitedHealth, Eli Lilly and more

These are the stocks posting the largest moves in premarket trading.

17/04 Trump's tariffs are 'inviting corruption,' Democrats tell Bessent, Lutnick

The letter led by Sen. Elizabeth Warren underscores a growing attack line as Democratic lawmakers mount their resistance to President Trump's second term.

17/04 Trump again calls for Fed to cut rates, says Powell’s ‘termination cannot come fast enough’

President Donald Trump on Thursday again called for the Federal Reserve to lower rates and even hinted at the "termination" of Chairman Jerome Powell.

17/04 Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

The French luxury giant will look to "fully offset" the impact of blanket 10% tariffs with price hikes from May 1, it said Thursday.

17/04 UBS loses crown as continental Europe's most valuable bank to Santander amid U.S. tariffs

Santander and UBS' shares have diverged over recent months, with the Swiss lender shedding 17.2% in the year to date, while Santander has gained nearly 35%.

17/04 Treasury yields rise as Fed chief warns of impact of U.S. tariffs

U.S. Treasury yields rose on Thursday as investors weighed the state of the U.S. economy after remarks from Federal Reserve Chairman Jerome Powell.

17/04 China targets U.S. services and other areas after decrying 'meaningless' tariff hikes on goods

Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting American services sector.

16/04 Four money traps to avoid in a volatile market, according to ‘Fast Money’ trader Tim Seymour

“Fast Money” trader Tim Seymour wants to help investors avoid costly mistakes.

16/04 Nissan aims to 'max out' U.S. production plant amid Trump's tariffs

Nissan 6-million-square-foot facility in Smyrna, Tennessee, is capable of producing 640,000 vehicles a year on three shifts, Meunier said.

16/04 Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet

Canceled freight vessel sailings from China are up and will ripple through the supply chain as the trade war impact on the global economy intensifies.

16/04 Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth

The central bank leader said that while he expects higher inflation and lower growth, it's unclear where the Fed will need to devote greater focus.

16/04 Watch Fed Chair Powell speak live on policy to the Economic Club of Chicago

Federal Reserve Chair Jerome Powell speaks Wednesday afternoon at the Economic Club of Chicago.

16/04 Judge finds probable cause to hold Trump administration in criminal contempt in deportation flights case

It's the latest legal development in response to the Trump administration's efforts to implement widespread deportations.

16/04 CBP says latest tariffs have generated $500 million, well below Trump's estimate

Trump has repeatedly said the United States is taking in $2 billion per day from tariffs.

16/04 California suing Trump to stop his 'unlawful' tariffs

Trump's tariffs have whipped up historic market volatility and frayed America's relationships with its allies and trading partners.

16/04 The European Union braces for more U.S. tariffs despite talks

It's been an intense back-and-forth over the past few months, with Trump accusing the EU of being among the worst culprits in its trade treatment of the U.S.

16/04 Retail sales increased 1.4% in March, greater than expected

Retail sales were expected to increase 1.2% in March, according to the Dow Jones consensus.

16/04 Treasury yields dip as investors await retail sales data

U.S. Treasury yields were lower on Wednesday as investors awaited retail sales data and remained concerned after an aggressive bond-market sell-off last week.

15/04 Retail sales report could give a distorted view of consumer strength

The report should look solid as consumers are still spending money. The details, though, likely will tell a different story.

15/04 United to cut flights as domestic demand disappoints but international and premium travel drives profits

United said a deterioration in bookings could lead it to lower its 2025 outlook to $7 to $9 a share from $11.50 to $13.50.

15/04 How investors are positioning ahead of a big March retail sales report

The March retail sales report still has the potential to impact investor confidence and positioning.

15/04 U.S.' inability to replace rare earths supply from China poses a threat to its defense, warns CSIS

As China imposes rare earths export controls, the U.S. is unable to make up the shortfall, according to the Center for Strategic and International Studies.

15/04 Stocks making the biggest moves premarket: Bank of America, Boeing, Johnson & Johnson and more

These are the stocks posting the largest moves in premarket trading.

15/04 Cboe's volatility expert sees more market turmoil ahead as tariff uncertainty not fully priced in

Despite a sharp pullback in market volatility, the Cboe's Mandy Xu sees a trend that suggests more pain ahead.

15/04 Trump tariffs drove a Treasury sell-off — who sold the safe-haven asset?

In just a few sessions, yield on the 10-year Treasury soared to 4.592% on Friday, the highest since February, while the 30-year notched its highest since November 2023 last Wednesday.

14/04 Harvard University rejects Trump DEI demands, imperiling $9 billion in federal funding

The Trump administration has zeroed in on colleges in a crackdown on diversity, equity and inclusion programs in the United States.

14/04 Fed Governor Waller sees tariff inflation as 'transitory' in 'Tush Push' comparison

The central banker embraced. a term that got the central bank in trouble during the last bout of inflation.

14/04 Trump tariffs won't lead supply chains back to U.S. but companies will go low-tariff globe-hopping: CNBC survey

President Trump's U.S. manufacturing boom is unlikely result from tariffs, with costs too high and a global hunt for low-tariff regimes coming: CNBC survey.

14/04 Stocks making the biggest moves midday: Apple, Alibaba, Palantir Technologies and more

These are the stocks posting the largest moves in midday trading.

14/04 Unemployment fears hit worst levels since Covid as tariffs fuel inflation outlook, Fed survey shows

Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March.

14/04 Trump aide Hassett teases 'amazing' tariff deal offers, says recession '100% not' happening

President Donald Trump has announced a major pause in reciprocal tariffs and a waiver for certain electronics items since unveiling his new trade policy.

14/04 Airlines bank even more on splurging vacationers as clouds form on economy

Carriers are hoping that wealthier leisure travelers will continue to treat themselves to pricier, roomier seats.

14/04 Treasury yields fall as investors weigh unexpected tariff exemptions

U.S. Treasury yields inched lower on Monday as investors weighed a surprise tariff exemption and remained cautious about uncertainty in the bond market.

13/04 Billionaire Ray Dalio: 'I'm worried about something worse than a recession'

Bridgewater founder Ray Dalio said that he is worried about a breakdown of the global monetary order.

13/04 Trump Commerce chief fuels tariff confusion, saying exemptions for phones, computers and other electronics are not permanent

Howard Lutnick threw cold water on the reciprocal tariff exemptions on Sunday, saying that separate tariffs on these products are "coming soon."

13/04 China urges Trump to correct mistakes and heed 'rational voices' on reciprocal tariffs

China's Commerce Ministry called tariff exemptions a "small step" but urged the U.S. to "completely abolish" reciprocal tariffs.

12/04 Trump tariffs on China will soon bring 'irreversible' damage to most American businesses

Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.

12/04 Trump exempts phones, computers, chips from new tariffs

12/04 Investors are growing concerned about a U.S. asset exodus as Treasuries and the dollar decline

The combined decline of U.S. stocks, bonds and the dollar could be a sign of a broader shift away from investing in America.

12/04 How China used Vietnam to evade higher U.S. tariffs

Vietnam, the 6th largest source of U.S. imports, is caught in the middle of an escalating trade war between the United States and China.

12/04 Bank of England's Greene says dollar drop adds to tariff inflation puzzle

BOE's Greene said it was unclear what Trump's import tariffs would do to UK inflation with the unpredictable behaviour of the dollar adding to the puzzle.

11/04 U.S. Customs reports 'glitch' in system used by freight shippers for tariffs

A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it is a bad sign for the supply chain.

11/04 Stocks making the biggest moves midday: Frontier Group, JPMorgan, Apple, Stellantis, BlackRock and more

These are the stocks posting the largest moves in midday trading.

11/04 Tech stocks head for winning week with Nvidia tracking for 15% bounceback

Technology stocks were on pace for a winning week Friday on the heels of a volatile stretch spurred by ongoing tariff uncertainty.

11/04 Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows

11/04 BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now

The asset management executive spoke to CNBC's "Squawk Box" about the state of the economy, which has been rattled by tariffs from the Trump administration.

11/04 Frontier Airlines cuts flights after travel demand fell in March

Frontier follows Delta in pulling its 2025 full-year forecast due to economic uncertainty.

11/04 Wholesale prices unexpectedly fell 0.4% in March, showing easing inflation backdrop ahead of tariffs

The producer price index, considered a leading indicator for pipeline inflation pressures, declined a seasonally adjusted 0.4% for the month.

11/04 U.S. energy secretary says shale industry will 'survive and thrive' despite plunging crude prices

Commodities analysts estimate that U.S. crude needs to stay above $65 per barrel to keep shale producers in business.

11/04 Fed's Kashkari says rising bond yields, falling dollar show investors are moving on from the U.S.

The trends are running counter to what you might normally see, the central bank official told CNBC.

11/04 Stocks making the biggest moves premarket: JPMorgan Chase, Newmont, Wells Fargo and more

These are the stocks posting the largest moves in premarket trading.

11/04 10-year Treasury higher as tariffs-led sell-off continues

The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's fast-changing tariff policies.

10/04 Trump's triple-digit tariff essentially cuts off most trade with China, says economist

President Trump's tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York.

10/04 Tariffs, trade war inflation impact to be 'pretty ugly' by summer, economists say

Tariffs will take a few months to filter through to consumer prices, economists said.

10/04 Freight orders surge on Trump tariff reversal: Trade whipsaws from 'super cautious' to 'the ships are filling up'

President Trump's decision to offer a 90-day tariffs reprieve hasn't changed uncertainty inside the global supply chain, but it has led to an order surge.

10/04 Apple drops 5% after notching best day since 1998

Technology stocks declined Thursday, giving back some gains after the Nasdaq recorded its second-best day ever.

10/04 Here’s the inflation breakdown for March 2025 — in one chart

The consumer price index fell in March, but President Donald Trump's tariff agenda and the specter of a global trade war threaten to reverse progress.

10/04 Trump acknowledged he could cause a recession, but just didn't want a depression, according to WSJ

Trump also told advisors that he was willing to accept "pain" over the policy, per WSJ's report.

10/04 Inflation rate eases to 2.4% in March, lower than expected

10/04 Rollercoaster week for global bonds continues as 'Trump put' sparks reversals

"There's a sense of relief that trade deals with the U.S. are firmly on the table," economists say.

10/04 A global commodity sell-off is flashing warning signals for the world economy

"The collapse in commodities [prices] is a circuit breaker, a sign that a global recession is afoot," says Marko Papic of BCA Research.

10/04 Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

10/04 10-Year Treasury yields fall after Trump's tariff reprieve

U.S. Treasury yields moved lower on Thursday as investors breathed a sigh of relief after U.S. President Donald Trump enacted a 90-day tariff reprieve.

10/04 Autos, pharma, luxury and more: The global sectors soaring after Trump's tariffs walkback

Trump has reversed course on U.S. trade policies, dropping his country-specific tariffs down to a universal 10% rate for all trade partners — except China.

10/04 Luxury firms face tariff hit as recession fears mount

Europe's beloved luxury brands may be largely sheltered from the initial effects of sweeping U.S. tariffs, but the risks of a wider economic downturn spell bad news for the sector.

09/04 Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday's pop

The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the worst of times.

09/04 How Amazon drones, Waymo self-driving cars and TSMC chips are making Phoenix 'future ready'

Phoenix Mayor Kate Gallego is leading the city's push to embrace innovation, from massive semiconductor facilities to robotaxis and drone deliveries.

09/04 PC shipments increased in first quarter as companies braced for tariffs

Personal computer shipments rose in the first quarter of 2025 as companies sped up deliveries to gear up for incoming tariffs.

09/04 Trump tariffs will lead to abandoned freight at ports as cash-strapped businesses reject orders

With tariffs set to rise exponentially for U.S. businesses that import, many shipments may be stranded at ports by cash-strapped owners.

09/04 Apple bounces 3% after worst losing streak since 2000

Apple shares rallied more than 3% Tuesday after the iPhone maker posted its worst four-day stretch in more than two decades.

09/04 If companies start citing Trump tariffs in price hikes today, they’re taking advantage of consumers. Here’s why

President Trump's tariffs mean inflation is on the way, and consumer prices will rise, but it won't be immediate based on how the global supply chain operates.

09/04 Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil

09/04 Stocks making the biggest moves premarket: Walmart, Target, Apple, Pfizer, Eli Lilly, Ford and more

These are the stocks posting the largest moves in premarket trading.

09/04 10-year Treasury yield spikes higher as Trump tariffs continue to rattle markets

U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariffs regime continued to rattle markets.

09/04 The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble

The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.

09/04 China says it will continue to take 'resolute and forceful' countermeasures as U.S. tariffs kick in

China's foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.

09/04 Businesses face a sobering reality: Under Trump's tariff plan, weaning off China won't be easy

Donald Trump's move to impose tariffs on goods from around the world is leaving companies scrambling to decide where and how their goods are produced.

08/04 Morgan Stanley Wealth's Ellen Zentner says the Fed isn't going to save the market

The Federal Reserve isn't going to lower interest rates to save the market from its recent rout, says Ellen Zentner of Morgan Stanley Wealth Management.

08/04 Stocks making the biggest moves midday: Apple, UnitedHealth, Humana, Broadcom, Wells Fargo and more

These are the stocks posting the largest moves in midday trading.

08/04 Why the stock market hates tariffs and trade wars

The recent S&P 500 selloff, fueled by fear of the impact of President Donald Trump's tariff policy, was the worst since the early days of the Covid-19 pandemic.

08/04 Tech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 7%

Technology stocks bounced Tuesday after three rocky trading sessions, spurred by hopes that the U.S. may negotiate aggressive tariffs with world leaders.

08/04 Emirates President Tim Clark warns of 'uncharted territory' as tariffs hit global aviation

"It involves a measure of reset to a level that the global economy probably hasn't seen since the financial crisis of 2008-2009," the Emirates president said.

08/04 Cambodia hit with highest Trump tariff, but manufacturing 'absolutely not' coming back to U.S., trade group says

Retailers rely on Cambodian factories, which were just hit with a 49% tariff rate by Trump. A trade group says that manufacturing will not return to the U.S.

08/04 Vietnam has been a big beneficiary of global trade — Trump's new tariffs threaten to derail that

Trump's aggressive tariffs are threatening to derail Vietnam's ambitious growth target as diplomatic overtures to Washington are unlikely to shift policy.

08/04 'Big Short' investor Steve Eisman on tariff turmoil: Don't be a hero

Steve Eisman warns Wall Street isn't done discounting worst-case scenarios tied to the Trump's tariffs. But he doesn't see another financial crisis.

07/04 Stocks making the biggest moves after hours: CVS Health, Broadcom, Humana and more

These are the stocks posting the largest moves in extended trading.

07/04 CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink

The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.

07/04 Stocks are falling but are they getting any cheaper? It's hard to say right now

In moments of widespread uncertainty, a stock's price-to-earnings ratio may be difficult to trust.

07/04 Bond yields tank around the world as investors take cover amid equity rout

Bonds are acting as a safe haven amid wider market turmoil — though the rally may not prove sustainable.

07/04 'This is the Trump recession,' CEOs say, with price increases and job losses coming: CNBC survey

CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.

07/04 Airlines expected to cut 2025 outlooks as travel demand falters

Wall Street analysts have slashed their price targets for U.S. airlines and downgraded ratings as concerns about travel demand grow.

07/04 Politicians urge calm in Europe after 'stock market earthquake'

"The stock market earthquake from Japan through Europe to America must be survived without nervous decisions," Polish Prime Minister Donald Tusk said Monday.

07/04 2-year Treasury drops to lowest level in years as investors digest impacts of tariffs

U.S. Treasury yields plunged further on Monday as investors digested the fallout from U.S. President Donald Trump's "reciprocal tariffs."

07/04 Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts

Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.

07/04 Many senior venture capitalists are leaving big firms. Insiders boil it down to a few reasons

Departing partners can be split into two groups: those who are "moving on for success" and those "moving on from failure," according to one startup founder.

07/04 Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says

Bill Ackman said that America is heading towards a self-inflicted "economic nuclear winter" as a result of the President Donald Trump's tariff policy rollout.

07/04 Trump says he doesn't want stocks to go down, 'but sometimes you have to take medicine'

President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, but that markets "sometimes need to take their medicine."

06/04 Billionaire investor Stanley Druckenmiller: 'I do not support tariffs exceeding 10%'

Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.

06/04 Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'

Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.

06/04 The tariff-driven selling may not be over yet. Here's my strategy to navigate this tricky market

In his Sunday column for Investing Club subscribers, Jim Cramer explains what investors need to see before they start buying the tariff-driven dip.

06/04 Market crash not part of Trump’s strategy, says top White House economic advisor

Despite a video shared by Trump on Truth Social stating a market crash was part of his economic strategy, Kevin Hassett refuted the claim on ABC's "This Week."

06/04 Op-ed: First test in Trump's tariffs war is underway. Our government is set to fail it

One thing the Trump White House fact sheet on tariffs does not offer is a coherent implementation plan. That's a dangerous foundation for long-term policy.

05/04 Economists take issue with Trump's tariff formula, arguing rate is inflated

The formula the Trump administration used to calculate his tariffs is bewildering economists.

05/04 Trump says tariffs will accelerate reshoring, but experts say it's not that easy

President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.

04/04 Trump's tariff rates for other countries radically larger than World Trade data

A report suggests the trade-weighted average tariff rates in most countries are much different than the figures touted by the Trump administration.

04/04 Stocks making the biggest moves midday: Palantir, Caterpillar, Apple, JPMorgan Chase and more

These are the stocks posting the largest moves in midday trading.

04/04 Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.

04/04 Powell sees tariffs raising inflation and says Fed will wait before further rate moves

Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday

04/04 President Donald Trump says Fed Chair Powell should cut interest rates and 'stop playing politics'

Trump said in a social media post this would be the "perfect" time for the central bank to cut rates, but inflationary impact of tariffs could be an issue.

04/04 Watch Fed Chair Jerome Powell speak live on interest rates and tariffs

Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Va.

04/04 U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2%

Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate held steady at 4.1%.

04/04 Trump tariffs are 'pure madness' and the European Union should not comply, former Italian PM says

U.S. President Donald Trump's so-called 'Liberation Day' trade tariffs are "madness, pure madness", according to former Italian Prime Minister Enrico Letta.

04/04 Treasury yields continue to slide as investors digest aftermath of Trump's tariffs

U.S. Treasury yields continued to plummet as investors digested the aftermath of U.S. President Donald Trump's aggressive "reciprocal tariff" policy rollout.

04/04 El-Erian says U.S. recession risks are now 'uncomfortably high'

"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.

04/04 AI could affect 40% of jobs and widen inequality between nations, UN warns

Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.

03/04 U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era

Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act.

03/04 What Trump's trillion-dollar tariff wall around U.S. means for market, far beyond Apple and Nike

President Trump's tariffs will equate to a nearly $1 trillion trade wall around the U.S., with huge impacts on every sector and every state in the U.S. economy.

03/04 The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon

Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.

03/04 Stocks making the biggest moves midday: Lululemon, Nike, Tesla, Nvidia and more

These are the stocks posting the largest moves in midday trading.

03/04 Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market

Small-cap stocks officially entered bear market territory on Thursday, seeing at least a 20% loss since their latest high.

03/04 Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years

Technology stocks plummeted Thursday after President Donald Trump's new tariff policies sparked widespread market panic.

03/04 Layoff announcements surge to the most since the pandemic as Musk's DOGE slices federal labor force

The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,

03/04 Plaid raises funding at $6 billion valuation, enabling some employees to cash out

Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.

03/04 Treasury yields slide as Trump's tariffs raise concerns of a trade war

U.S. Treasury yields were lower on Thursday after U.S. President Donald Trump's aggressive "reciprocal tariff" policy announcement.

03/04 Here's where Apple makes its products — and how Trump's tariffs could have an impact

China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.

03/04 How did the U.S. arrive at its tariff figures?

The White House Wednesday listed tariff rates for different countries. It didn't take long for market observers to try and reverse engineer the formula.

03/04 'Absolutely nothing good' coming out of Trump's tariff announcement: Analysts react to latest U.S. levies

Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for the U.S.

02/04 Trump's tariff ambiguity leaves gadget makers in limbo: 'I'm going to run out of appliances'

Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.

02/04 Tariffs impact: Trucking rush inside U.S., huge drop in Chinese freight orders, signal trouble for economy

President Trump's so-called 'Liberation Day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.

02/04 Stocks making the biggest moves midday: Tesla, Trump Media, Amazon, Rivian Automotive and more

These are the stocks posting the largest moves in midday trading.

02/04 Private companies added 155,000 jobs in March, more than expected, ADP says

Payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing.

02/04 Treasury yields rise as investors await rollout of Trump's tariffs

U.S. Treasury yields inched higher on Wednesday as investors awaited economic data and braced for the rollout of U.S. President Donald Trump's tariffs.

01/04 Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?

As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.

01/04 'Nowhere to absorb it': From consumer small business to big food, the Trump tariff cost warnings mount

President Trump's 'Liberation Day' tariffs on countries around the world will hit food and consumer businesses particularly hard, say CEOs in the sector.

01/04 Trump's upcoming tariffs 'will be effective immediately,' White House says

President Donald Trump's forthcoming tariffs will take effect right after they are unveiled Wednesday, the White House said.

01/04 White House considering roughly 20% tariff on most imports, report says

The Washington Post report comes a day before April 2, when President Donald Trump is set to announce his larger plans for global trade

01/04 Treasury yields fall as investors brace for U.S. President Donald Trump's tariff policy rollout

Treasury yields were lower as investors brace for U.S. President Donald Trump's tariff policy rollout.

01/04 'Peak' uncertainty: Evercore ISI predicts market turning point around Trump tariffs

Evercore ISI's Julian Emanuel recommends accumulating stocks right now.

31/03 Meet the 'Dirty 15' countries that could be hit hardest by Trump's tariffs

Trump has pointed to America's trade deficits as he argues that virtually all trading partners are "taking advantage" of the U.S.

31/03 Trump says reciprocal tariffs will 'start with all countries,' rejects narrower launch

Some Trump administration officials have suggested that the reciprocal tariffs would be focused on a handful of countries with large U.S. trade imbalances.

31/03 Stocks making the biggest moves premarket: Tesla, Nvidia, Mr. Cooper, Hut 8 and more

These are the stocks posting the largest moves in premarket trading.

31/03 First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey

The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.

31/03 Japan's parliament passes budget day before new fiscal year starts

Japan's parliament passed the budget for fiscal 2025 on Monday, the day before the new financial year starts.

31/03 Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

A broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.

29/03 Trump administration reportedly warns European companies to comply with anti-DEI order

The Trump administration has reportedly sent letters to European companies asking them to comply with a U.S. executive order banning DEI initiatives.

29/03 Why tariffs could push car prices even higher

Tariffs will likely push car prices past the record highs seen in recent years.

28/03 Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit

Some carriers are cutting back U.S. flights from Canada due to weaker demand.

28/03 Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows

The closely watched survey showed a reading of 57.0 for the month, down 11.9% from February and 28.2% from a year ago.

28/03 Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

The PCE price index was expected to increase 0.3% in February while spending was projected to rise 0.5%.

27/03 Silicon Valley bubble risks heighten as investors pile into funds that bet on a single buzzy startup

Special purpose vehicles, or SPVs, have gotten so popular in Silicon Valley that some experts worry it's the latest sign of a new bubble.

27/03 Trump's tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says

"On a relative basis, in the short term, Europe will be less affected than the U.S.," Santander's Ana Botín said regarding President Donald Trump's tariffs.

27/03 If Chinese-built containership fines take effect, 'we're out of business in U.S.,' ocean carrier says

If the U.S. fines China-built container ships millions, one ocean carrier says it's likely to abandon the market and freight rates head back to Covid levels.

27/03 Trump's tariffs are making the ECB's interest rate path 'more complicated,' policymaker says

U.S. President Donald Trump's tariff policies are complicating the path ahead for European Central Bank interest rates, policymaker Pierre Wunsch told CNBC.

27/03 Treasury yields are higher as investors weigh new auto tariffs

U.S. Treasury yields ticked higher on Thursday as investors weighed fresh tariffs on foreign automakers and assessed the broader state of the U.S. economy.

26/03 Life science stocks are under pressure due to possible NIH funding cuts. What lies ahead for the sector

A recent move by the Trump administration has investors fearing meaningful losses to life science tools companies.

26/03 Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco

Yellen, who also served as Federal Reserve chair, will serve on the board that meets several times a year.

26/03 Stocks making the biggest moves midday: GameStop, Dollar Tree, Cintas and more

These are the stocks posting the largest moves in midday trading.

26/03 Treasury Department is set to lay off a 'substantial' number of employees, official says

The department is planning to furlough workers as part of Elon Musk's efforts to shrink the size of the federal government.

26/03 U.S. blacklists over 50 Chinese companies in bid to curb Beijing's AI, chip capabilities

The export restrictions come at a time when tensions between Washington and Beijing have been rising with the Trump administration ratcheting up tariffs against China.

25/03 Consumer confidence in where the economy is headed hits 12-year low

Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.

25/03 Stocks making the biggest moves premarket: Carvana, Cloudflare, Pentair and more

These are the stocks posting the largest moves in premarket trading.

25/03 Morgan Stanley's near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners

Morgan Stanley CIO Mike Wilson contends the recent market weakness "has nothing to do with tariffs."

24/03 Trump pledges auto, pharma tariffs in 'near future,' sowing more trade confusion

President Donald Trump has praised tariffs and announced an array of import duties on specific countries and products since taking office.

24/03 The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn

The US wants steep fines on Chinese vessels to revive domestic shipbuilding, but the economy, from farmers to ocean carriers, say a huge price will be paid.

24/03 Investors' optimism is growing around the UK economy as U.S.-EU trade disputes mount

However, some say the U.K. is not yet "out of the clear" from President Donald Trump's sweeping tariff policies.

24/03 Treasury yields rise as fears of an all-out trade war ease

U.S. Treasury yields were higher on Monday as investors awaited the purchasing managers' index to get a sense of the health of the U.S. economy.

23/03 Op-ed: The groupthink mind virus has taken over Wall Street and Washington in the worst way

President Trump has called April 2 'the big one,' when retaliatory tariffs are set to hit. Wall Street and Washington are still stuck in wishful thinking.

22/03 Why Trump's economic policies may have cancelled the DOGE dividend check, at least for now

The market is wobbling and inflation will be back if Trump follows through on tariffs threats on April 2. Would a DOGE dividend check hurt or help the economy?

21/03 Trump says 'there'll be flexibility' on reciprocal tariffs

President Donald Trump has issued a flurry of tariff announcements since retaking the White House, fanning investor uncertainty and fears of a major trade war.

21/03 UAE commits to $1.4 trillion investment framework in US, White House says

The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States, a White House official said on Friday.

21/03 Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

Goolsbee told CNBC that he's been hearing more concerns from businesses in his region about the impact of tariffs.

21/03 Treasury yields inch lower amid ongoing uncertainty over the U.S. economic outlook

20/03 Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices

Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.

20/03 U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll

The latest survey from the New York Federal Reserve shows just 62.7% of Americans can come up with $2,000 for an emergency.

19/03 Fed holds interest rates steady, still sees two cuts coming this year

The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.

19/03 Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more

These are the stocks posting the largest moves in midday trading.

19/03 Treasury yields hold steady as investors await Fed interest rate decision

U.S. Treasury yields held steady on Wednesday as investors anticipated the Federal Reserve's latest interest rate decision amid rising economic uncertainty.

19/03 Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control

The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.

19/03 Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'

The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.

18/03 The Fed will update its rate projections Wednesday. Here's what to expect

If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key interest rate.

18/03 Frontier Airlines offers free checked bags promotion in swipe at Southwest

For flights departing May 28 through Aug. 18, Frontier said it would include a free checked bag.

18/03 Putin and Trump set to discuss Russia's demands for a Ukraine ceasefire deal

U.S. President Donald Trump and Russian President Vladimir Putin are set to join a call shortly on a 30-day ceasefire proposal to pause the war in Ukraine.

18/03 Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey

The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.

17/03 Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs

President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.

17/03 Retail sales increased 0.2% in February, though spending up less than expected

Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate.

17/03 Stocks making the biggest moves premarket: Affirm, Netflix, Incyte, Norwegian Cruise Line & more

These are the stocks posting the largest moves in premarket trading.

17/03 'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy

"Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.

17/03 U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth

"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.

17/03 10-year Treasury yield slips as investors await retail sales data

U.S. Treasury yields were little changed on Monday as investors awaited retail sales data and looked to a big week ahead.

16/03 Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis

Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.

16/03 More Americans with college degrees are working multiple jobs, Fed report finds

In 2024, roughly half of Americans holding multiple jobs have a college degree, according to a report.

16/03 'See you in four years': Canada flexes economic muscle as tariff negotiations continue

Trump's plans for tariffs and comments about Canada becoming a state has enraged the country's consumers and politicians.

15/03 Y Combinator startups are fastest growing, most profitable in fund history because of AI

Y Combinator CEO Garry Tan says for about a quarter of the current YC startups, 95% of the code was written by artificial intelligence models.

15/03 Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners

The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.

15/03 South Korea asks US for tariff exemption, trade ministry says

South Korea's trade minister has asked his U.S. counterpart to exempt the country from reciprocal tariffs if they go into effect in April.

14/03 U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.

14/03 Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries

The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.

14/03 Stocks making the biggest moves premarket: Chipotle, Li Auto, DocuSign and more

These are the stocks posting the largest moves in premarket trading.

14/03 Tech's 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps

Wall Street had very different expectations for the tech trade following President Trump's election victory in November.

14/03 Oil, dollars, and debt: How safe is the Middle East from the global trade war?

The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

14/03 Treasury yields rise as investors await consumer sentiment data

U.S. Treasury yields edged higher on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.

14/03 UK economy unexpectedly shrank by 0.1% in January

The U.K.'s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.

13/03 Almonds, whiskey, auto parts: EU's retaliatory tariffs set up these U.S. states and local products as the biggest losers

From California almonds to Tennessee whiskey and Michigan auto parts, some states and sectors will be hit hardest by U.S.-EU 'tit for tat' tariffs war.

13/03 Why this week's positive inflation reports won't look as good to the Fed

On the surface, February's inflation data released this week brought some encouraging news.

13/03 'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink

Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.

13/03 Stocks making the biggest moves midday: Intel, Tesla, Dollar General, Adobe, UiPath and more

These are the stocks posting the largest moves in midday trading.

13/03 Tariffs to add as much as $10,000 to the cost of the average new home, trade association says

"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.

13/03 Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets

Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.

13/03 Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession

The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.

13/03 Egg prices are rapidly falling so far in March

Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.

13/03 Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility

essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.

13/03 Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better

Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.

13/03 U.S. tariffs could thrust Germany into recession, central bank governor says

Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.

13/03 Trump threatens to put 200% tariff on French Champagne and other EU spirits

The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.

13/03 Stocks making the biggest moves premarket: Intel, Adobe, American Eagle Outfitters & more

These are the stocks posting the largest moves in premarket trading.

13/03 Why Trump wants to bring aluminum production back to the U.S.

Aluminum is a "critical mineral" in the U.S. but the metal is largely produced in other countries, raising security concerns within the Trump administration.

13/03 Treasury yields are little changed as investors await PPI report

U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.

12/03 Stocks making the biggest moves after hours: Adobe, Intel, American Eagle Outfitters and more

These are the stocks posting the largest moves in extended trading.

12/03 U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.

12/03 Here’s the inflation breakdown for February 2025 — in one chart

The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.

12/03 Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat

Porsche is part of Volkswagen Group, which has an assembly plant and other facilities in the U.S.

12/03 10-year Treasury yield is flat as investors await inflation reading

On Wednesday, investors keenly awaited the consumer inflation reading and monitored the latest tariff news.