Harris victory seen as most likely election outcome, according to CNBC Fed Survey
For the first time in the 2024 election cycle, Vice President Kamala Harris is viewed as more likely than former…
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…
Interest payments on the national debt top $1 trillion as deficit swells
The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its…
Here’s the deflation breakdown for August 2024 — in one chart
Inflation cooled in August and fell to its lowest level since February 2021, which was around the time the consumer…
U.S. Latino economic output grows to $3.6 trillion, new report finds
The U.S. Latino economy grew by 13% from $3.2 trillion in 2021 to $3.6 trillion in 2022, according to 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…
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets,…
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…
U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…
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…
