Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well…
Drones hit Moscow buildings; Kyiv attacked by third Russian bombardment in 24 hours
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Drones hit several…
Fed Governor Waller casts doubt on need to conduct climate change tests for banks
Federal Reserve Governor Christopher Waller on Thursday cast doubt on the need for special focus on how banks are preparing…
Drones attack Russian oil refineries; Germany closes Russian consulates in retaliatory move
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Drone attacks on…
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…
Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Consumers barely kept up with inflation in April, as retail sales increased but fell short of expectations, the Commerce Department…
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…
Russia says it repelled another attack on its soil; UK PM says Ukraine’s rightful place is in NATO
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Some 40 European…
Wagner chief says Ukraine’s counteroffensive has started; Kyiv says it needs more time and arms
This was CNBC’s live blog tracking developments on the war in Ukraine on May 11, 2023. See here for the…
Traders raise the chances for a Fed rate cut following April inflation report
Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…
