Economy
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By one estimate, the so-called border adjustment tax could have countries putting up $385 billion in blocks on U.S. exports. » Read More
By: John Harwood
President Donald Trump's big plans are in deep trouble as he heads into his first big speech to Congress. » Read More |
By: Diana Olick
"All signs are showing that homes this spring will be much less affordable than last year," warns one real estate economist. » Read More |
Trump says, "If I can get that up to 3 percent or maybe more, we have a whole different ball game." » Read More |
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More robust economic growth will help fund increases in spending, President Donald Trump tells Fox News.
In a CNBC interview, Kaplan says the Fed should move "sooner rather than later."
Growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.
The S&P; Case-Shiller CoreLogic Home Price Index rose 5.8 percent year over year in December.
Just as Washington is gearing up to goose the economy, the Fed could be teeing up a rate increase that could put a damper on things.
The number of Americans filing for benefits rose slightly more than expected, but the four-week average of claims pointed to a strengthening labor market.
One analyst has warned that the new U.S. President is pushing hardest on policies that could shrink the U.S. economy.
The Trump administration appointee said he is "primarily focused on middle-class" tax cuts.
- Mnuchin walked back a key piece of Trump's tax plan, CNBC's Robert Frank says—Larry Kudlow disagrees
CNBC's Robert Frank says Trump's plan will likely give tax breaks to the wealthy. Larry Kudlow sees it differently.
Donald Trump will seek job-creation advice from at least five companies that are laying off thousands of workers as they shift production abroad.
Fed officials want investors to believe that every meeting is live, with the possibility always there that the central bank will hike.
The National Association of Realtors said existing home sales jumped 3.3 percent to a seasonally adjusted annual rate of 5.69 million units last month.
Meal kit sellers and upstart grocers are underscoring an eat-at-home culture.
Neel Kashkari is president and CEO of the Federal Reserve Bank of Minneapolis and a voting member of the Fed's policy-setting committee.
In a letter to House and Senate leadership, top manufacturing CEOs argued that the current tax system penalizes American factory workers.
Household debt in the U.S. totals a staggering $12.58 trillion, a level not seen since 2008, according to the New York Federal Reserve.
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