CNBC - World

BusinessLine LiveMint Business Today MoneyControl GoodReturns Value Notes Blogs Wall Street Journal Reuters CNBC Times Of India IBNLive DNA ZeeNews The Hindu

Democratic state senator blasts Amazon's HQ2 as a PR scam, saying 'New York fell for it'

yesterday

World / CNBC/ Economy

"I don't think it's worth providing $3 billion and setting a precedent" for other companies to pick the city's pockets, state Sen. Michael Gianaris says...

Amazon, derided as a 'job killer,' actually boosts local employment and business, Morgan Stanley says

2 days ago

World / CNBC/ Economy

In cities with multiple Amazon fulfillment centers, job creation was "well above the national average." The e-commerce giant has been "both a net job creator and a catalyst for stronger job growth," Morgan Stanley found...

Fed's Bullard becomes first on central bank to suggest delaying December rate hike

6 days ago

World / CNBC/ Economy

St. Louis Federal Reserve President James Bullard says the central bank could consider postponing its widely anticipated December rate hike by one month because of an inverted yield curve...

US firms doing business in China now vulnerable after Huawei arrest: Former US trade advisor

7 days ago

World / CNBC/ Economy

There's a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, says former assistant U.S. trade representative Jeff Moon...

'Trumponomics' writer Art Laffer: I am a 'huge fan' of Fed chief Powell's handling of interest rates

8 days ago

World / CNBC/ Economy

Laffer, formerly an advisor to presidents Trump and Ronald Reagan, thinks Powell has done a "great job in normalizing interest rates."..

Major Wall Street economists have their doubts trade cease-fire will lead to actual deal in 90 days

10 days ago

World / CNBC/ Economy

Wall Street may be exuberant Monday over the decision to pause the trade war between the U.S. and China, but economists across the marketplace aren't convinced...

Soybean prices, Deere shares jump after China agrees to buy 'substantial' US agricultural products

10 days ago

World / CNBC/ Economy

Soybean prices surge on the back of a trade truce between the U.S. and China in which Beijing agrees to buy more American agricultural products...

The Fed is still tweaking its balance sheet unwind

14 days ago

World / CNBC/ Economy

In a process begun in October 2017, the bank is decreasing the size of its bond portfolio, which grew to more than $4.5 trillion as part of an effort to drive down mortgage rates and lift economic growth...

Nearly half of corporate CFOs are expecting a US recession by the end of 2019

yesterday

World / CNBC/ Economy

Duke University's look at where 212 CFOs stand showed that 48.6 percent think the next negative growth period is less than 12 months away...

Richard Fisher: 'Horrifically bad' education system biggest economic threat

3 days ago

World / CNBC/ Economy

Richard Fisher says America's "horrifically bad" primary and secondary education system is the biggest long-term threat to the U.S. economy – especially as other countries like China put an emphasis on education...

Here's where the jobs are — in one chart

6 days ago

World / CNBC/ Economy

CNBC studied the net changes by industry for November jobs based on the data from the Labor Department;..

Fed's Bostic says interest rates are 'within shouting distance of neutral'

7 days ago

World / CNBC/ Economy

Atlanta Fed President Raphael Bostic said the the central bank may not have to go much further with interest rates to achieve a proper balance between slowing and overheating...

London to lose $900 billion to Frankfurt due to Brexit, German finance group claims

9 days ago

World / CNBC/ Economy

Lobby group Frankfurt Main Finance claims London's financial sector is poised to lose billions of euros in assets by March 2019...

Mnuchin says Trump 'liked' Fed chief Powell's market-boosting speech

10 days ago

World / CNBC/ Economy

Treasury Secretary Steven Mnuchin says President Trump was pleased with Fed Chairman Jerome Powell's speech last week on interest rates...

Forced tech transfers and intellectual property theft will dominate trade talks after Trump-Xi deal

10 days ago

World / CNBC/ Economy

Over the weekend, the United States and China agreed to put their bilateral trade war on hold for 90 days to negotiate lingering disagreements but the deal downplayed two crucial areas: forced technology transfers and intellectual property theft...

Fed points to December rate hike but is worried about tariffs and debt

14 days ago

World / CNBC/ Economy

The Federal Open Market Committee released minutes Thursday from its Nov. 7-8 meeting at which it decided to hold the central bank's benchmark rate steady at a range of 2 percent to 2.25 percent...

Economic growth will top 3% again next year, Trump advisor Hassett says

yesterday

World / CNBC/ Economy

U.S. economic growth will defy expectations again in 2019 thanks to a business investment boom and President Donald Trump's trade strategy, White House economic advisor Kevin Hassett said Wednesday...

Job openings back over 7 million and near a record high

3 days ago

World / CNBC/ Economy

Total available jobs stood at 7.08 million for October, the second-highest level surpassed only by the 7.3 million in August, the Job Openings and Labor Turnover Survey showed...

Black unemployment rate falls to 5.9%, ties record low hit earlier this year

6 days ago

World / CNBC/ Economy

The employment picture for black Americans is better than it ever has been...

Payroll growth slows in November as labor market tightens

7 days ago

World / CNBC/ Economy

Private payrolls increased by 179,000, below the 195,000 growth expected by a Refinitiv survey of economists. The number also was a drop from the 225,000 in October and below the 203,000 prior monthly average...

US factory activity jumps in November while construction spending falls for third month

10 days ago

World / CNBC/ Economy

U.S. manufacturing activity rose more than anticipated in November but construction spending was worse than expected, falling for the third straight month...

Mnuchin hopeful that Trump-Xi talks can be turned into a 'real agreement'

10 days ago

World / CNBC/ Economy

U.S. Treasury Secretary Steven Mnuchin expresses optimism about a trade agreement with China, saying the U.S. has received commitments for concessions on several key issues...

Fed's Kashkari says rates should not go up when job creation is strong and inflation is tame

13 days ago

World / CNBC/ Economy

Hiking rates too forcefully before necessary could risk causing a recession in the U.S. economy, says Minneapolis Fed President Neel Kashkari...