Breaking News: Economy

Finance

Powell sees inflation outlook in check, no need to hike rates because of oil shock

Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as

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Business

Apartment rents weaken further as war and job cuts weigh on demand

Key Points March rents were down 1.7% on an annual basis, according to Apartment List.That’s the largest drop since Apartment

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Finance

Watch Fed Chair Jerome Powell speak live to an economics class at Harvard

[The stream is slated to start at 10:30 a.m. ET. CNBC Television will start the stream when the event begins.

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Economy

U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%

The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of

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Economy

The March jobs report will be released on Friday. Here’s what to expect

A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder | Reuters Nonfarm

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Politics

This is what really causes recessions, a former top Trump White House economist says

In 1973, OPEC proclaimed an oil embargo on the U.S. for its decision to resupply the Israeli military during the

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Finance

Why one hedge fund veteran is urging investors to ‘prepare for the worst’

Investors may want to take a step back as stocks swing amid rising geopolitical tensions. DBi’s Andrew Beer suggests the

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Economy

Private sector hiring totaled 62,000 in March, better than expected, ADP says

Private sector employment growth was a bit better than expected in March, but health care and construction continued to provide

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Business

Pricy airfare, airport chaos test travelers’ willingness to fly this year

Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas,

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Economy

Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts

Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty

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