CNBC Economy

Brits are using cash as a way to manage their budgets as inflation in the country is expected to peak at over 13% in October.

Federal Reserve Governor Michelle Bowman said Saturday she supports the central bank's recent big rate increases and believes they should continue.

Nonfarm payrolls were expected to increase 258,000 in July, according to Dow Jones estimates.

Black workers saw a rise in unemployment last month even as the headline number declined.

There was an appetite for workers particularly in the service sector, which has been grappling with labor shortages.

Are we in a recession? A former chief economist at the U.S. Department of Labor and a former chair of the White House Council of Economic Advisers weigh in.

The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation.

Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won't be understood for years.

Initial claims for unemployment insurance were expected to total 260,000 for the week ended July 30, according to Dow Jones estimates.

Are we in a recession or are not? If not, is one on the way? CNBC's Emily Lorsch breaks down both sides of the argument and why it's debatable.

The economy has shifted so abruptly in 2022 that most of the big employment trends from the Covid era have reversed, creating major challenges for employers.

Household debt climbed past $16 trillion in the second quarter, as soaring inflation pushed up housing and auto balances.

The job market continued to post strong numbers in June despite growing concerns about an economic recession.

The Federal Reserve still has a lot of work to do before it gets inflation under control, San Francisco Fed President Mary Daly said Tuesday.

Job openings plunged in June to their lowest level since September 2021 in a potential sign that a historically tight labor market is starting to loosen.

Home price gains are cooling fast, as demand wanes and still-tight supply builds.

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, told CBS' "Face the Nation" that inflation poses a larger threat than a potential recession.

An inflation gauge that the Federal Reserve uses as its primary barometer jumped to its highest 12-month gain in more than 40 years in June.

Growth in the euro zone beat expectations for the second quarter, coming in at 0.7%.

Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate.