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Breaking News: Economy

Wall Street extends winning run

by Walter Watson
Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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Wall Street extends winning run

by Horatio Thompson
Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

by Walter Watson
Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor market data sparked a reassessment of market views on the …

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CNBC Daily Open: Wall Street ‘dress rehearsal’

by Walter Watson
CNBC Daily Open: Wall Street ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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Trump, Harris inflation arguments questionable: Chicago Fed president

by Vera Ward
Trump, Harris inflation arguments questionable: Chicago Fed president

Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of …

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Blinken to arrive in Israel as U.S. pushes for Gaza ceasefire

by Walter Watson
Blinken to arrive in Israel as U.S. pushes for Gaza ceasefire

U.S. Secretary of State Antony Blinken talks onboard the plane during his visit to Israel as he departs en route to Jordan, amid the ongoing conflict between Israel and the …

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Tax cuts, housing incentives, more price caps

by Vera Ward
Tax cuts, housing incentives, more price caps

U.S. Vice President Kamala Harris delivers remarks on Medicare drug price negotiations, at an event with U.S. President Joe Biden in Prince George’s County, Maryland, U.S., August 15, 2024.  Elizabeth …

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Retail sales July 2024:

by Walter Watson
Retail sales July 2024:

An H&M store is seen in Herald Square on July 01, 2024 in New York City.  Michael M. Santiago | Getty Images Consumer spending held up even better than expected …

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Business betting on Trump win, c-suite advisor says

by Vera Ward
Business betting on Trump win, c-suite advisor says

Republican presidential nominee, former U.S. President Donald Trump gives a speech during a campaign rally at Harrah’s Cherokee Center in Asheville, North Carolina, United States on August 14, 2024.  Anadolu …

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Alaska Airlines flight attendants reject new contract

by Franz Hernandez
Alaska Airlines flight attendants reject new contract

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024.  David Ryder | Bloomberg | Getty Images …

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