The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
Teamsters presidential endorsement could come this week, union says after Harris meeting
The International Brotherhood of Teamsters could issue its long-awaited presidential endorsement as soon as Wednesday, union spokesperson Kara Deniz confirmed…
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
Federal Reserve officials head into their policy meeting Tuesday closer to their goal of low inflation, but how much they…
Trump tax-free overtime plan ‘as fake as his tan,’ Senate finance chair says
Senate Finance Committee Chair Ron Wyden threw shade at Republican presidential nominee Donald Trump on Friday over Trump’s latest campaign…
Dutch neobank Bunq goes on hiring spree, targeting digital nomads, as other fintechs slash jobs
Dutch challenger bank Bunq told CNBC that it plans to grow its global headcount by 70% this year to over…
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a…
Presidential debate crib sheet: U.S. economy numbers to know
When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect…
Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs
Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string…
Unemployment among Black workers falls in August, bucking trend from other groups
The unemployment rate for Black workers fell in August, according to data released Friday by the Department of Labor. In…
August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says
Private sector payrolls grew at the weakest pace in more than 3½ years in August, providing yet another sign of…
