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Economy
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
A customer shops for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas.Brandon Bell | Getty ImagesEarly economic data for the first quarter of 2025 is pointing towards negative growth, according to a Federal Reserve…
Fed’s favorite core inflation measure hits 2.6% in January, as expected
Inflation eased slightly in January as worries accelerated over President Donald Trump's tariff plans, according to a Commerce Department report Friday.The personal consumption expenditures price index, the Federal Reserve's preferred…
Federal job cuts disrupt a stable retirement picture for many workers, including Black
A person displays a sign as labor union activists rally in support of federal workers during a protest, with the U.S. Capitol in the background on Capitol Hill in Washington, U.S., Feb. 11, 2025. Craig Hudson | ReutersThe sudden cuts to…
The Federal Reserve’s favorite recession indicator is flashing a danger sign again
Eggs are displayed for sale in a Manhattan grocery store on Feb. 25, 2025 in New York City.Spencer Platt | Getty ImagesAn ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in…
Germany’s election will usher in new leadership — but might not turn tides for the
Production at the VW plant in Emden.Sina Schuldt | Picture Alliance | Getty ImagesThe struggling German economy has been a major talking point among critics of Chancellor Olaf Scholz' government during the latest election campaign — but…
Trump says he’s weighing giving 20% of DOGE savings to Americans
U.S. President Donald Trump revealed on Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans."There's even under consideration a new concept where we give…
Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher
U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | ReutersPresident Donald Trump said he may broaden the scope of U.S. tariffs on imports to include automobiles, pharmaceuticals…
France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister…
Ironing out the 2026 budget of the euro zone's second-largest economy will prove a "demanding" task, French Economy Minister Eric Lombard told CNBC's Charlotte Reed, after lawmakers earlier this month finally adopted 2025's financial…
From tariffs to DOGE, what companies are saying about the impact of MAGA policies
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in…
Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | ReutersPresident Donald Trump's moves to fire thousands of federal government workers…