Tag: economy
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Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.
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Private sector jobs rose by 90,000 in September, better than expected, ADP reports
Private job creation picked up in September after a brief slowdown.
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Stocks making the biggest moves premarket: Robinhood, Boeing, Moderna & more
These are the stocks posting the largest moves premarket.
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Inside Man: How Chinese spies used lies, love and betrayal to target the Federal Reserve
A CNBC investigation shows how former Fed advisor John Rogers became entangled with a man U.S. officials identify as a Chinese intelligence operative.
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Drastic budget cutbacks essential to fund Europe’s defense, Germany and allies warn
Six European leaders have called for major cuts to a proposed 2 trillion euro budget.
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The Fed’s main inflation measure will be released Wednesday. Here’s what to expect
Data is expected to show ongoing price pressures and consumers who nevertheless continue to spend.
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Stocks making the biggest moves midday: Carnival, Fair Isaac, Bloom Energy, Iovance Biotherapeutics & more
Here are some of the companies making headlines in midday trading.
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Gina Raimondo thinks AI ultimately will create jobs. It’s the initial mass layoffs wave that worries her
No one knows what AI will mean for jobs long-term, but the layoffs are likely to hit first without proper planning, says former US Commerce Sec. Gina Raimondo.
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Consumer optimism slides sharply as fears escalate over rising prices and jobs
The Conference Board’s Consumer Confidence Index tumbled to 81.9, a decline of 6.7 points and a reading well below the forecast for 89.
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Jamie Dimon has a plan to revive the West: A ‘big, beautiful’ deal with Europe
“Many of the current disputes between Europe and the U.S. are minor compared with this agreement’s size and benefits,” the JPMorgan boss wrote this week.
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