CNBC Economy

Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with elections across major global powers.

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, the hedge fund titan said Friday.

Markets may be at least a tad optimistic, particularly considering the cautious approach central bank officials have taken.

The CPI, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month.

UBS expects the U.S. Federal Reserve to cut interest rates by 275 basis points in 2024, almost four times the market consensus.

The new Retail Monitor, debuting Monday, is a joint product of CNBC and the National Retail Federation based on real card data from Affinity Solutions.

The Israel-Hamas war could significantly impact economic growth and inflation in the euro zone unless energy prices remain contained, Goldman Sachs says.

Chicago Fed President Austan Goolsbee said a soft landing is still on the table as the Fed seeks to combat inflation without hurting the economy significantly.

The world's major central banks paused their interest rate hiking cycles in recent weeks and markets are turning their attention to the first round of cuts.

Hiring in health care and government were two bright spots in a relatively weak October jobs report.

The labor market showed deterioration for Hispanic workers, whose unemployment rate rose more than average in October.

Nonfarm payrolls were expected to grow by 170,000 in October, according to a Dow Jones consensus estimate.

Bad news is good news, as long as it isn't too bad.

Economists surveyed by Dow Jones are expecting jobs growth of just 170,000 in October, down from 336,000 the previous month.

Unit labor costs, a measure of hourly compensation against productivity, fell 0.8% for the July-through-September period.

As the Israel-Hamas conflict further intensifies, the risks to the global economy are growing, economist Mohamed el-Erian said Monday.

Israel's armed forces called up more than 300,000 reservists, removing a significant part of the nation's workforce from the economy.

ADP reported that companies added 113,000 workers for the month, higher than the 89,000 in September but below the estimate of 130,000.

The Fed meeting will conclude with the central bank not doing a whole lot of anything — just the way the market wants things for now.