<![CDATA[CNBC - Economy]]> Follow CNBC - Economy, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/cnbc-d-economy Sun, 19 Sep 2021 03:18:31 +0200 <![CDATA[After years of being 'squeaky clean,' the Federal Reserve is surrounded by controversy]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovn4-p_pysIH4ilmFkX7M1Jw The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud of an ethical dilemma.]]> Sat, 18 Sep 2021 14:58:57 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovn4-p_pysIH4ilmFkX7M1Jw <![CDATA[Retail sales post surprise gain as consumers show strength despite delta fears]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovn4-p_pysIH4iejEQ2Mq9rY Economists surveyed by Dow Jones expected retail sales to decline by 0.8% in August and for initial jobless claims to total 320,000.]]> Thu, 16 Sep 2021 16:14:57 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovn4-p_pysIH4iejEQ2Mq9rY <![CDATA[Consumer prices post smaller-than-expected increase in August]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnpKUT1GNSyW5VjH6qdYdAk Consumer prices in August rose 5.3% from a year ago and 0.3% from July, the Labor Department reported.]]> Tue, 14 Sep 2021 15:12:41 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnpKUT1GNSyW5VjH6qdYdAk <![CDATA[Tuesday's CPI report likely to show inflation continuing to run hot, putting the Fed in tough spot]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkvChXJ5zvV2Zs0ohxaO6Yr Tuesday's report of the consumer price index could set the tone for markets ahead of next week's Federal Reserve meeting, particularly if it is hot.]]> Tue, 14 Sep 2021 13:20:25 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkvChXJ5zvV2Zs0ohxaO6Yr <![CDATA[Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf-zdsCmHakzH The producer price index for final demand products was expected to increase 0.6% in August, according to economists surveyed by Dow Jones.]]> Fri, 10 Sep 2021 16:07:56 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf-zdsCmHakzH <![CDATA[Weekly jobless claims post sharp drop to 310,000, another new pandemic low]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf11cWWor9YPv Initial filings for unemployment benefits were expected to total 335,000 for the week ended Sept. 4.]]> Thu, 09 Sep 2021 18:21:54 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf11cWWor9YPv <![CDATA[Businesses are feeling stronger inflation and paying higher wages, Fed's 'Beige Book' says]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf8b1naedg1wr Businesses are experiencing escalating inflation that will likely be passed onto consumers, the Fed reported Wednesday.]]> Thu, 09 Sep 2021 15:25:45 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf8b1naedg1wr <![CDATA[Job openings soar to 10.9 million as companies struggle to fill positions]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf3n9ye8UNv30 Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies.]]> Wed, 08 Sep 2021 18:29:15 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmjOqGmiI9Rf3n9ye8UNv30 <![CDATA[A sharp rise in wages is contributing to worries over inflation]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk4_1y3rxrqDezdsCmHakzH August's jobs report, besides being a big disappointment, also showed that wages are rising even with weak hiring.]]> Tue, 07 Sep 2021 22:09:32 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk4_1y3rxrqDezdsCmHakzH <![CDATA[Jobs report disappoints — only 235,000 positions added vs. expectations of 720,000]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnKMResPVs40cb1naedg1wr Job creation for August was a huge disappointment, with the economy adding just 235,000 positions against expectations of 720,000.]]> Fri, 03 Sep 2021 18:47:27 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnKMResPVs40cb1naedg1wr <![CDATA[Here's where the jobs are — in one chart]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnKMResPVs40SlmFkX7M1Jw The hiring blitz at bars and restaurants came to an abrupt halt in August as Covid-19 cases and a lack of workers kept employers from adding to payrolls.]]> Fri, 03 Sep 2021 16:13:45 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnKMResPVs40SlmFkX7M1Jw <![CDATA[Joseph Stiglitz says it’s time to rewire the U.S. economy: ‘We shouldn’t let a good crisis go to waste’]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnKMResPVs40ZVjH6qdYdAk The former chief economist of the World Bank told CNBC that the coronavirus pandemic has highlighted how the economic system isn't working.]]> Fri, 03 Sep 2021 16:08:07 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnKMResPVs40ZVjH6qdYdAk <![CDATA[Private payrolls increase by just 374,000 in August, far short of the 600,000 estimate, ADP says]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnuXa_A0YtN7sb1naedg1wr Private payrolls rose just 374,000 for the month, well below estimates but above July's 326,000, according to ADP.]]> Wed, 01 Sep 2021 17:39:54 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnuXa_A0YtN7sb1naedg1wr <![CDATA[Two more factors have popped up that add to the Fed's inflation worries]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnuXa_A0YtN7nn9ye8UNv30 Trends in home prices and consumer confidence pointed to more inflationary issues on the horizon for the U.S. economy.]]> Wed, 01 Sep 2021 05:25:34 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnuXa_A0YtN7nn9ye8UNv30 <![CDATA[Homebuyers sign fewer contracts in July, as high prices chill the summer market]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmdAJQayrzKk3n9ye8UNv30 Signed contracts on existing homes fell in July, suggesting a slower fall for closings.]]> Mon, 30 Aug 2021 18:41:23 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmdAJQayrzKk3n9ye8UNv30 <![CDATA[Home sales rose for the second straight month in July, as demand outpaced slightly stronger supply]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm7l4ZaXfHKwezdsCmHakzH Home sales rose for the second straight month but were barely higher than in July 2020.]]> Mon, 23 Aug 2021 17:27:15 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm7l4ZaXfHKwezdsCmHakzH <![CDATA[Jobless claims hit new pandemic-era low in a sign of hope for the employment picture]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkyb1Fk6XwwQSlmFkX7M1Jw Jobless claims hit new pandemic-era low in a sign of hope for the employment picture]]> Thu, 19 Aug 2021 15:13:20 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkyb1Fk6XwwQSlmFkX7M1Jw <![CDATA[Federal Reserve preparing for taper this year, July minutes show]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkyb1Fk6XwwQSejEQ2Mq9rY The Federal Reserve on Wednesday released the minutes from its July 27-28 meeting.]]> Thu, 19 Aug 2021 02:15:46 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkyb1Fk6XwwQSejEQ2Mq9rY <![CDATA[Mortgage rates hit their highest level in a month, and weekly demand drops]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovn0YQeFaYQ7KJs0ohxaO6Yr Mortgage demand drops after rates rise to highest level in a month.]]> Wed, 18 Aug 2021 13:00:01 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovn0YQeFaYQ7KJs0ohxaO6Yr <![CDATA[Homebuilder sentiment falls to lowest level in a year as buyers face sticker shock]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmStRQuJG58c5s0ohxaO6Yr Homebuilder sentiment falls to the lowest level in a year, due to rising construction costs pushing home prices higher.]]> Tue, 17 Aug 2021 17:27:01 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmStRQuJG58c5s0ohxaO6Yr