Breaking News: Economy

The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021.Daniel Becerril | ReutersAs auto stocks reacted to the latest tariff announcement out of Washington,…

U.S. President Donald Trump's tariff policies are making the path ahead for European Central Bank interest rates "more complicated," according to Pierre Wunsch, member of the ECB's Governing Council."We were going in the right direction.…

The White House's protectionist policies could hit the U.S. harder than Europe in the short term, Banco Santander's executive chair told CNBC on Thursday, as tariffs take a toll on domestic consumers."Tariffs a tax. It's a tax on the…

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty ImagesHome improvement retailer Kingfisher…

Treasury Secretary Janet Yellen speaking with CNBC's Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8, 2024.CNBCFormer Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has…

People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025.Mandel Ngan | AFP | Getty ImagesThe Treasury Department is planning to furlough a "substantial" level of its workforce in conjunction with…

Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.Kevin Carter | Getty ImagesConsumer confidence dimmed further in March as the view of future conditions fell to the…

LONDON — Some investors are expressing a growing optimism about the U.K.'s economic outlook despite the country's long-standing structural weaknesses, as its neighbors in the European Union deepen their trade dispute with the United…

U.S. President Donald Trump, U.S. Secretary of State Marco Rubio and Tesla CEO Elon Musk attend a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | ReutersPresident Donald Trump on Monday said…

A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado.Robert Alexander | Getty ImagesUnited Airlines is raising fees for annual airport lounge membership and its rewards credit…