Press Releases

A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying […]

BEIJING, CHINA – DECEMBER 3: French President Emmanuel Macron (R) and Chinese President Xi Jinping walk during a state visit at the Great Hall of the People on December 3, 2025 in Beijing, China. Adek Berry-Pool | Getty Images News | Getty Images China said it was open to importing more goods from France in

A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Announced job cuts from U.S. employers moved further ahead of 1 million for the year in November as corporate restructuring, artificial intelligence and

A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower interest rates. The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly

U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images More CNBC coverage on U.S. economy The latest report on inflation, delayed by the government shutdown, showed

Commerce Secretary Howard Lutnick said Thursday that the U.S. should focus on bringing in immigrants that help grow the economy as the White House rolls out its long-awaited “gold card” visa. “We’re the only great country that lets other people just come in without vetting them and deciding whether they’re really going to help the

In the Federal Reserve’s battle between fighting inflation and limiting unemployment, the latter side carried the day Wednesday and could also have an edge heading into 2026 if labor market weakness becomes more evident through an apparent overcounting of jobs numbers. In the immediate term, worries over the employment situation meant a vote, albeit divided

Treasury Secretary Scott Bessent on Thursday proposed a major change in how the government approaches financial regulation and stability. In a letter released Thursday afternoon, Bessent will recommended altering the approach of the Financial Stability Oversight Council. Whereas the agency’s focus had been tightening regulations and oversight of the institutions it oversees, the new plan

Commemorative quarter-dollar depicting two Pilgrims on front and the Mayflower on the back. Source: U.S. Mint The U.S. Mint on Wednesday revealed special quarter-dollar coin designs for the 250th birthday of the U.S. featuring pilgrims and former presidents rather than previously floated civil rights themes. Designs considered ahead of next year’s anniversary included those focused

Consumers are still dining out, but instead of higher-priced entrees, many are ordering more appetizers. As food inflation and affordability dominates the conversation about the U.S. consumer, new restaurant purchasing data shows even among Americans who are going to restaurants, many are in the mindset of cutting back. “Appetizer orders are up 20% year over