The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster than expected pace during the period, the Commerce Department reported …
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
Michael H | Stone | Getty Images Car repair costs are up almost 20% in the past year, according to the consumer price index — more than six times the …
Michael H | Stone | Getty Images Car repair costs are up almost 20% in the past year, according to the consumer price index — more than six times the …
United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York. Victor J. Blue | Bloomberg | Getty Images UPS and …
China’s economy may experience a prolonged period of slower growth, which could have global implications after decades of rapid expansion and globalization. The Chinese government is implementing measures to boost …
According to Goldman Sachs economists, the interest rate differentials between the U.S. Federal Reserve, Bank of Japan, and European Central Bank will continue due to the Bank of Japan’s maintaining …
“The fear of interest rate increases has influenced people’s thinking — it’s not just the homeowners, it’s new buyers who wanted to get in before the interest rates went up …
While the tech industry and the stock market enthusiastically back the emergence of artificial intelligence, the CNBC All-America Economic survey finds that the public has strong reservations, what you might …
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations …