4 years 10 months ago
Unable to halt inflation on his own, President Joe Biden is offering worried consumers sympathy and supply chain fixes.
4 years 10 months ago
Some traders and economists think inflation reflected in the consumer price index might have peaked in October.
4 years 10 months ago
October's surprising snap higher in consumer prices has sparked speculation the Federal Reserve could use raise interest rates sooner than expected.
4 years 10 months ago
The consumer price index surged 6.2% from a year ago in October, the most since December 1990.
4 years 10 months ago
Traders in the futures markets moved up their expectations for the first Federal Reserve interest rate hike to July, following a hot inflation report.
4 years 10 months ago
Top executives at multiple European blue-chip companies have told CNBC that supply chain problems, labor shortages and inflationary pressures have longer to run.
4 years 10 months ago
During the pandemic, home prices shot up while household income fell, creating an affordability crisis.
4 years 10 months ago
The Federal Reserve warned in its latest financial stability report of how stress in China's real estate industry could affect the U.S. financial system.
4 years 10 months ago
Household debt passed $15 trillion for the first time in the third quarter, as rising prices pushed up balances for homes and autos.
4 years 10 months ago
Wholesale prices rose 8.6% from a year ago in October, their highest annual pace in records going back nearly 11 years.
4 years 10 months ago
Fed Governor Randal Quarles is stepping down from his post at year-end.
4 years 10 months ago
Fed Vice Chairman Richard Clarida conceded that inflation is running well above a level that the central bank considers desirable.
4 years 10 months ago
President Joe Biden said October's strong gains in employment are part of a "faster, stronger and fairer" recovery than experts predicted.
4 years 10 months ago
Retailers are staring down a triple whammy of challenges this season including labor shortages, supply chain woes and inflation.
4 years 10 months ago
President Joe Biden met with Federal Reserve Chairman Jerome Powell and Governor Lael Brainard this week, a source told CNBC.
4 years 10 months ago
Nonfarm payrolls were expected to increase by 450,000 in October, according to economists surveyed by Dow Jones.
4 years 10 months ago
Nonfarm payrolls swelled by 531,000 jobs in October. Economists say the Fed could speed up its timetable to end its bond-buying program if growth continues.
4 years 10 months ago
October's job creation was strong in almost every sector, as hiring across industries helped the broader U.S. economy rebound from a late-summer lull.
4 years 10 months ago
Tapering of bond purchases will start "later this month," the policymaking Federal Open Market Committee said in its post-meeting statement.
4 years 10 months ago
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Sept. 22.
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20 minutes 31 seconds ago
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