Breaking News: Economy

In this photo illustration the Visa, Mastercard and American Express logo on various credit cards and debit cards are seen beside US one dollar bills on January 4, 2025 in Somerset, England. Anna Barclay | Getty ImagesConsumer stress has…

A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey. Gary Hershorn |…

Europe's beleaguered luxury sector could be set for a turn in fortunes this year, as early indicators point to improved consumer spending and a pivot away from China. Luxury shares shot up in trading last week after Cartier owner…

DeSantis refers to 'Gulf of America' in Florida weather alertFlorida Gov. Ron DeSantis, a Republican presidential candidate, speaks with CNBC's Brian Sullivan on Aug. 14, 2023.David A. Grogan | CNBCThat was quick.Florida Gov. Ron…

U.S. President Joe Biden delivers remarks on the U.S. economy and his administration's effort to revive American manufacturing, during his visit in Flex LTD, a factory that makes solar energy microinverters, in West Columbia, South…

Family photo of leaders taken at the 16th BRICS Summit in Kazan, Russia on Oct. 24, 2024. Anadolu | Anadolu | Getty ImagesPresident-elect Donald Trump has pledged a 100% tariff against BRICS nations if they continue to undermine the U.S.…

US President Joe Biden speaks about strengthening US ports and supply chains after the International Longshore and Warehouse Union and the Pacific Maritime Association finalized a new contract covering west coast ports, in the State…

Firefighters battle flames during the Eaton Fire in Pasadena, California, U.S., Jan. 7, 2025.Mario Anzuoni | ReutersClimate-related natural disasters are driving up insurance costs for homeowners in the most-affected regions, according…

A measure of wholesale prices increased less than expected in December, providing indication that pipeline inflation pressures eased to close the year though likely not enough to provoke another Federal Reserve interest rate cut anytime…

Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on housing.The consumer price index increased a seasonally adjusted 0.4% on…