Thursday’s inflation report could challenge the market outlook for big Fed rate cuts
Economists expect that inflation nudged higher in December, a trend that could call into question the market’s eager anticipation that…
Biden slams Trump as ‘revealing twisted true colors’ after Trump says he hopes economy crashes in 2024
The White House took aim at former President Donald Trump after the Republican presidential candidate front-runner said he hoped the…
The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little…
Inflation has created a dark cloud over how everyday Americans view the economy
When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly…
Is Biden due for a boost in polls as the economy improves? Pollsters say inflation still looms large
New Jersey Gov. Phil Murphy on Tuesday predicted that President Joe Biden will get a much-needed boost in the polls…
Biden administration to impose inflation penalties on dozens of drugmakers
The Biden administration will subject dozens of drugmakers to inflation penalties, the White House said on Thursday, in a move…
European stocks close higher after Bank of England, ECB keep policy unchanged; Fed signals rate cuts
This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. European markets…
Bank of England set to hold interest rates as economists debate 2024 cuts
LONDON — The Bank of England is all but certain to keep its main interest rate unchanged at 5.25% for…
‘Too many things unaffordable:’ Biden fires up price wars as inflation cools
New data from the Federal Reserve suggests that inflation further cooled in November. But President Joe Biden’s crusade to convince…
