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U.S. Economy

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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Trump silent on ‘Kamala Crash’ attacks as stocks rebound

by Vera Ward
Trump silent on ‘Kamala Crash’ attacks as stocks rebound

After using the market’s global sell-off as an opportunity to attack Vice President Kamala Harris, former President Donald Trump and his Republican allies were noticeably quieter Tuesday, as stocks gained …

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Harris narrowly ahead of Trump with voters on the economy: Poll

by Vera Ward
Harris narrowly ahead of Trump with voters on the economy: Poll

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at her campaign headquarters in Wilmington, Delaware, on July 22, 2024. Harris on Monday compared her election rival Donald Trump …

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These are the 10 worst U.S. states for quality of life

by Akin Smith
These are the 10 worst U.S. states for quality of life

The job market may have cooled a bit, but there are still far more job openings nationwide than there are people available to fill them. That means qualified workers are …

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Harris speaks at White House; Democrats see $90 million fundraising blitz

by Walter Watson
Harris speaks at White House; Democrats see  million fundraising blitz

Democrats’ ActBlue raises over $90 million since Biden dropped out, endorsed Harris U.S. Vice President Kamala Harris, looks on during an event with the women and men’s National Collegiate Athletic …

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Nobel prize-winning economists warn Trump would ‘reignite’ inflation

by Vera Ward
Nobel prize-winning economists warn Trump would ‘reignite’ inflation

Joseph Stiglitz Cameron Costa | CNBC Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to …

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Trump previews debate attacks on Biden’s economy

by Vera Ward
Trump previews debate attacks on Biden’s economy

Former U.S. President and Republican presidential candidate Donald Trump speaks during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024.  Brendan Mcdermid | Reuters Former President Donald Trump on …

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Baltimore bridge rebuild and a new debate over infrastructure spending

by Walter Watson
Baltimore bridge rebuild and a new debate over infrastructure spending

Three months after Baltimore’s Francis Scott Key Bridge collapsed – killing six people, shutting a major port and disrupting vehicle traffic along the Eastern Seaboard — local, state and federal …

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