UK exports to U.S. plunge by 25% after Trump's 'liberation day' tariffs blitz
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting...
Breaking News: Economy
Fed dissenters explain 'no' votes, saying they disagreed with hinting next move would be a cut
Federal Reserve officials who voted this week against the post-meeting statement said they didn't think it was appropriate to signal...
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh.ReutersWhen the Federal Open Market Committee gathers again in mid-June,...
Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism 'unprecedented'
Federal Reserve Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period...
Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter
Gas prices are displayed at a station in Brooklyn on April 21, 2026 in New York City. Spencer Platt |...
Here's why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results.Even though it's a major earnings week for the group, YieldMax...
Office demand rebounds to highest level since Covid pandemic began
A "For Lease" sign in the Financial District of San Francisco, California, US, on Wednesday, May 3, 2023. Jason Henry...
U.S. is 'being humiliated by Iran,' says Germany's Merz, as Europe's patience wanes
US President Donald Trump looks on during a meeting with Lebanon's Ambassador to the US, Nada Hamadeh Moawad, and Israel's...
U.S.-Iran peace talks stall. Here's where things stand — and what's next for global markets
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16,...
China industrial profits jump 15.8% in March, fueled by AI and chip boom despite oil shock risks
Employees work on the production line of solar panels at a workshop of Jiangsu DMEGC New Energy Co., Ltd. on...
The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
The aerospace and defense trade is taking investors deeper into space and exchange-traded funds want a part of it.VettaFi's Cinthia...
Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee...
Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in...
DOJ drops criminal probe of Fed Chair Powell, removes hurdle for Warsh confirmation
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at...
Spirit Airlines lawyer says cash 'not going to last for very much longer,' but government rescue on the table
A Spirit Airlines plane at New York's LaGuardia Airport.Leslie Josephs/CNBCSpirit Airlines' accessible cash to keep operating won't last long and...
These charts show how Iran's economy is in freefall
An Iranian salesperson sits beside a portrait of Iran's late Supreme Leader Ayatollah Ali Khamenei at his fruit shop in...
How the Iran war is hitting U.S. homebuilders
Key PointsHomebuilder sentiment dropped sharply in April, according to a monthly index from the National Association of Home Builders.The war...
White House, UAE financial deal talk: Damage done by war to Mideast economy extends well beyond energy
Tourists and visitors walking around the Sheikh Zayed Grand Mosque the largest Mosque the United Arab Emirates, a key place...
Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, told lawmakers that he would like the central bank to...
Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the...
