Weekly jobless claims jump to 231,000, the highest since August
CNBC » Economy
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16h ago
Jobless claims totaled a seasonally adjusted 231,000 for the week ending on May 4 ..read more
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Stanley Druckenmiller gives Biden's economic policies an 'F,' blames the Fed for reigniting inflation
CNBC » Economy
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2d ago
He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation ..read more
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Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
CNBC » Economy
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3d ago
The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4 ..read more
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Immigrant workers are helping boost the U.S. labor market
CNBC » Economy
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6d ago
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion ..read more
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Jobless rates rise in April for all racial groups except Black Americans
CNBC » Economy
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6d ago
The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups ..read more
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U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
CNBC » Economy
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1w ago
Nonfarm payrolls were expected to increase by 240,000 in April while the unemployment rate held at 3.8%, according to economists surveyed by Dow Jones ..read more
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Turkey's inflation accelerates to nearly 70% in April
CNBC » Economy
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1w ago
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday ..read more
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Here's what to expect from the April jobs report on Friday
CNBC » Economy
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1w ago
The Bureau of Labor Statistics report drops at 8:30 a.m. ET ..read more
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UK to suffer slowest growth of all rich nations next year, OECD says
CNBC » Economy
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1w ago
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD ..read more
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BlackRock is opening a Saudi investment firm with initial $5 billion from PIF
CNBC » Economy
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1w ago
The new platform will be called BlackRock Riyadh Investment Management, or BRIM ..read more
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