Retail sales tumbled 0.8% in January, much more than expected
Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday.…
Russia’s Putin says he prefers ‘more predictable’ Biden over Trump in U.S. election
Russian President Vladimir Putin said he preferred Joe Biden as the next U.S. president over Republican front-runner Donald Trump, who…
13 Russian missiles shot down as Kyiv comes under fire; Zelenskyy vows to ‘clear the Black Sea’
This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine’s air force said it destroyed 13 out…
UK economy slipped into technical recession at the end of 2023
LONDON — The U.K. economy slipped into a technical recession in the final quarter of last year, initial figures showed…
Interest on national debt could threaten U.S. economic stability, CBO director tells House panel
The director of the nonpartisan Congressional Budget Office warned House lawmakers Wednesday that the ballooning national debt and the cost…
Democrats see New York special election win as a blueprint for defeating Trump in November
Democrats aren’t just breathing a sigh of relief after flipping a red seat blue in New York’s special election —…
Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
Check out the companies making headlines in midday trading. Uber — Uber’s shares jumped 11%, climbing to a new 52-week…
Deflation: Here’s where prices fell in January 2024, in one chart
Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers…
NATO chief concedes ‘valid point’ of spending criticism as allies up defense budgets
NATO Secretary-General Jens Stoltenberg conceded to criticism that some members have been underfinancing the coalition’s defense budget, saying he expects…
