Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
CNBC » Economy
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21m ago
Consumers are acting vastly different depending on income level ..read more
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Consumer sentiment tumbles as inflation fears surge, closely watched survey shows
CNBC » Economy
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10h ago
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April ..read more
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Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
CNBC » Economy
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10h ago
A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets ..read more
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The U.S. is now Germany’s biggest trading partner — taking over from China
CNBC » Economy
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10h ago
After years of China being Germany’s main trading partner, the U.S. quietly overtook that spot in the first quarter of the year, data calculations show ..read more
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UK economy emerges from recession with 0.6% growth in first quarter
CNBC » Economy
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10h ago
The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, beating expectations ..read more
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Weekly jobless claims jump to 231,000, the highest since August
CNBC » Economy
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1d 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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3d 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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4d 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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1w 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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1w ago
The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups ..read more
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