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Consumer sentiment nears lowest level ever as worries build over shutdown
A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.
Industry 4h
Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown
The central bank official said told CNBC that he has concerns because of the lack of inflation reports.
Industry Two days ago
'We're past peak-restrictiveness,' BOE governor says, as bets rise on Christmas rate cut
The central bank was seen as more likely to hold rates than not, according to economists.
Industry Two days ago
Bank of England holds rates steady in narrow vote ahead of Autumn Budget
While the central bank was seen as more likely to hold rates than not, it's not a given, according to economists.
Industry Two days ago
Bank of England rate cut a close call ahead of the Autumn Budget
While the central bank is more likely to hold rates than not, it's not a given, according to economists.
Industry Two days ago
These Are Europe's Top Economies By Projected 2026 GDP
After two years of sluggish activity, Europes economic engine is forecast to regain traction.As Visu
Industry Two days ago
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.
Industry Two days ago
Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says
Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.
Industry Three days ago
Yields Rise, Rate-Cut Odds Slide As ISM Services Survey Signal Inflation Fears
After yesterday's mixed picture on Manufacturing (PMI up, ISM down), analysts expected both Services
Industry Three days ago
Recession Watch: Could The Next One Be Right Around The Corner
Recessions often appear crystal clear when analysed in retrospect.Its easy to sit back, glance at th
Industry Three days ago
The United States Outgrows All Its Major Peers
Never trust experts who criticise the U.S. economy and have argued for years that itshould follow th
Industry Three days ago
Pinched By Penny Shortage, US Retailers Beg Congress To Step In
Two months after the US Mint stopped churning out pennies, American retailers are feeling the pinch
Industry In a week
US Manufacturing Surveys Mixed In October; Prices Down, Production Up
Amid the month-long vacuum of macro data, thanks to the shutdown, 'soft' survey data has become almo
Industry In a week
Annual Sales Of New Vehicles Expected To Hit Only 15.7 Million Units: Cox
The number of new vehicles sold annually in the United States is expected to hit 15.7 million units
Industry In a week
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of the impact.
Industry In a week
Chicago PMI Beats But Remains In 'Contraction' For Second Straught Year
There's good news and bad news in today's macro data (what scarce data there is).MNI's Chicago Busin
Industry In a week
European Central Bank holds rates steady as economy shows resilience
Top ECB board members told CNBC this month that the easing cycle is close to, or at its end.
Industry 10-30
Corporate Layoffs Spike As Companies Prepare For Tariff Shocks
At the beginning of this year corporate layoffs accelerated with thousands of DEI program employees
Industry 10-28
"Our Business Has Died": Texas Services Sector Sentiment Slumps Further In October
Texas service sector activity contracted further in October, according to business executives respon
Industry 10-28
David Stockman On How The Fed's Money Printing Broke American Industry... And What Comes Next
You can bet the 12 purported geniuses on the FOMC have never looked at the graph below.It shows that
Industry 10-27
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