US Economic Growth Is Likely To Slow Sharply This Year And Next, According To CNBC's Fed Survey
The average forecast for GDP growth this year is just 2.3 percent because of the trade battle and slowing global growth,... Read more
White House Touts Trump's Economic Policies, Warns Against 'Medicare-for-all' And Wealth Tax
The Council of Economic Advisors says Trump's tax cuts led to millions receiving bonuses and cautions that progressive p... Read more
Jamie Dimon Says We've Split The US Economy, Leaving The Poor Behind
"It is absolutely obvious that a big chunk of [people] have been left behind," J. P. Morgan CEO Jamie Dimon says. Read more
Homebuilder Sentiment Holds Steady Despite A Decline In Mortgage Rates
Mortgage rates rose throughout most of last year but have since fallen to below year-ago levels. That should help make a... Read more
'The One Report That Everyone In Washington Watches' Just Showed A Big Gain In Job Openings
Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fil... Read more
US Manufacturing Output Falls For A Second Straight Month
U.S. manufacturing output fell for a second straight month in February. Read more
New Home Sales Drop 6.9% In January, In Sign Govt Shutdown May Have Hurt Buying
Sales of new U.S. homes slumped 6.9 percent in January. Read more
US Import Prices Rose More Than Expected In February As Fuel Prices Surge
Prices of imported goods rose more than expected in February, boosted by a jump in fuel costs. Read more
US Weekly Jobless Claims Increase More Than Expected
The jobless data suggested the labor market was slowing, but probably not to the extent implied by a near-stall in job g... Read more
US Wholesale Inflation Remained Tame In February
U.S. wholesale prices barely increased last month after falling for three straight months, a sign there is little inflat... Read more
Orders For Big-ticket Factory Goods Rose A Modest 0.4% In January
Orders to U.S. factories for big-ticket manufactured goods edged up slightly in January, but the strength came from a bi... Read more
Weekly Mortgage Applications Hit A Record, But Not A Healthy One For Housing
Mortgage interest rates are decidedly lower than a year ago, and home shoppers are buying, but most are wealthier consum... Read more
US Consumer Prices Rise For The First Time In 4 Months
U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, result... Read more
US Retail Sales Edge Up In January, But December Is Revised Sharply Lower
U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretiona... Read more
Average US Price Of Gas Jumps 6 Cents Per Gallon, To $2.50
Industry analyst Trilby Lundberg of the Lundberg Survey said the price at the pump is 9 cents lower than it was a year a... Read more