Breaking News: Economy

Job creation was lower than expected in January, though the unemployment rate edged down and worker wages rose sharply, the Bureau of Labor Statistics reported Friday.Nonfarm payrolls climbed by a seasonally adjusted 143,000 for the…

Many databases from the U.S. Census Bureau appeared to be unavailable to the public on Thursday, with users being told access was "forbidden" when attempting to download common datasets.Several data experts told CNBC that they were…

Shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025.Mike Blake | ReutersPresident Donald Trump has long been a fan of…

Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday.Available positions tumbled to 7.6 million, the lowest since September, and below the Dow Jones estimate for 8…

Private sector companies added more jobs than expected in January, furthering the case for a stable labor market that allows the Federal Reserve time as it contemplates its next policy move, ADP reported Wednesday.The payrolls processing…

Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb. 3, 2022. The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an…

Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty ImagesA complicated scenario is emerging surrounding the tariff drama that could put the Federal Reserve in an…

U.S. President Donald Trump this weekend announced hefty tariffs on his country's three biggest trading partners, leaving investors scrambling to position themselves for a global trade war.Canada and Mexico face 25% duties on their…

U.S. President Donald Trump hold up an executive order, "Unleashing prosperity through deregulation," that he signed in the Oval Office on January 31, 2025 in Washington, D.C., while also speaking to reporters about tariffs against…

U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | ReutersPresident Donald Trump agreed with the Federal Reserve for its decision…