<![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, 04 Dec 2022 16:44:17 +0200 <![CDATA[The Fed's path to a 'Goldilocks' economy just got a little more complicated]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlQPL75lMItvOzdsCmHakzH As far as jobs reports go, November's wasn't exactly what the Federal Reserve was looking for.]]> Fri, 02 Dec 2022 22:18:57 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlQPL75lMItvOzdsCmHakzH <![CDATA[November unemployment fell for Hispanic workers and Black women, while holding steady overall]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkOcPvaipP5fF1cWWor9YPv The U.S. unemployment rate remained unchanged at 3.7% in November.]]> Fri, 02 Dec 2022 19:50:57 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkOcPvaipP5fF1cWWor9YPv <![CDATA[Here's where the jobs are for November 2022 — in one chart]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm4udUMu9zBann9ye8UNv30 Service sector categories showed strong growth in November, while other areas lost jobs.]]> Fri, 02 Dec 2022 16:59:54 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm4udUMu9zBann9ye8UNv30 <![CDATA[Payrolls rose by 263,000 in November, more than expected despite Fed rate hikes]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmIUmEw494Qtsb1naedg1wr Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.]]> Fri, 02 Dec 2022 15:30:58 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmIUmEw494Qtsb1naedg1wr <![CDATA[Key inflation measure that the Fed follows rose 0.2% in October, less than expected]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlUBFq2kWAHxOzdsCmHakzH The core personal consumption expenditures price index was expected to rise 0.3% in October and 5% from a year ago, according to Dow Jones estimates.]]> Thu, 01 Dec 2022 15:52:40 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlUBFq2kWAHxOzdsCmHakzH <![CDATA[Fed hikes and a stronger dollar are fueling risks of political instability in Africa]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkFKC9kSnDvp11cWWor9YPv The Fed's policy tightening and a strengthening dollar are having a knock-on effect on African nations' balance sheets and public debt burdens.]]> Thu, 01 Dec 2022 08:07:41 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkFKC9kSnDvp11cWWor9YPv <![CDATA[Watch Fed Chair Jerome Powell speak on the economy and monetary policy]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkM07e8gqXQvuT5HJgy6HUf Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.]]> Wed, 30 Nov 2022 20:26:10 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkM07e8gqXQvuT5HJgy6HUf <![CDATA[Job openings fall in October amid Fed efforts to cool labor market]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnfjXjbP-WPfsb1naedg1wr The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the month.]]> Wed, 30 Nov 2022 17:52:24 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnfjXjbP-WPfsb1naedg1wr <![CDATA[Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlVUoeceMtjBF1cWWor9YPv Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October]]> Wed, 30 Nov 2022 15:27:24 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlVUoeceMtjBF1cWWor9YPv <![CDATA[Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmoh0smSIePdCejEQ2Mq9rY In a tweet early Wednesday, Musk called on the Fed "to cut interest rates immediately" or risk "amplifying the probability of a severe recession."]]> Wed, 30 Nov 2022 14:44:54 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmoh0smSIePdCejEQ2Mq9rY <![CDATA[Transitory inflation talk is back. But economists say higher prices are here to stay]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkcqrHzAv2nt5s0ohxaO6Yr Global markets have taken heart in recent weeks from data indicating that inflation may have peaked, but analysts have warned against the return of the "transitory" inflation narrative.]]> Wed, 30 Nov 2022 08:29:26 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkcqrHzAv2nt5s0ohxaO6Yr <![CDATA[How Atlanta's growing economy burned low-income renters and homebuyers]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlNQB_WKj7-F3n9ye8UNv30 How Atlanta's growing economy burned low-income renters and homebuyers]]> Mon, 28 Nov 2022 18:03:45 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlNQB_WKj7-F3n9ye8UNv30 <![CDATA[Fed's Waller says he's open to a half-point rate hike at December meeting]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnznEXukJRwM11cWWor9YPv The Fed governor said he's open to reducing the level of interest rate increases to half a percentage point in December.]]> Wed, 16 Nov 2022 21:45:16 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnznEXukJRwM11cWWor9YPv <![CDATA[The world needs more economic alliances than security ones, analyst says]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnWtpFJ1vrQEF1cWWor9YPv Having "a lot of security, military, defense alliances" could make the world more dangerous, the president of the Center for China and Globalization said.]]> Wed, 16 Nov 2022 08:02:39 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnWtpFJ1vrQEF1cWWor9YPv <![CDATA[Household debt soars at fastest pace in 15 years as credit card use surges, Fed report says]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm6AkbyTLZsQps0ohxaO6Yr Households increased debt during the third quarter at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances.]]> Tue, 15 Nov 2022 18:00:09 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm6AkbyTLZsQps0ohxaO6Yr <![CDATA[Wholesale prices rose 0.2% in October, less than expected, as inflation eases]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk5gemkrPodOSejEQ2Mq9rY The producer price index was expected to show a monthly increase of 0.4% in October, according to Dow Jones estimates.]]> Tue, 15 Nov 2022 15:43:52 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk5gemkrPodOSejEQ2Mq9rY <![CDATA[Fed Vice Chair Brainard says it may 'soon' be appropriate to move to slower pace of rate hikes]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmD-xNTfcpOvilmFkX7M1Jw Fed Vice Chair Brainard says it may 'soon' be appropriate to move to slower pace of rate hikes]]> Mon, 14 Nov 2022 18:48:29 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmD-xNTfcpOvilmFkX7M1Jw <![CDATA[Inflation expectations rebounded in October on record-high jump in gas outlook, NY Fed survey shows]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlZ5_vx0aNNouzdsCmHakzH Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.]]> Mon, 14 Nov 2022 18:00:08 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlZ5_vx0aNNouzdsCmHakzH <![CDATA[Even with slower inflation, consumer sentiment weakened sharply in November, survey shows]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm-civK_ED5waCY3L745TL_ The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month's reading]]> Fri, 11 Nov 2022 20:00:27 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm-civK_ED5waCY3L745TL_ <![CDATA[UK on the brink of recession after economy contracts by 0.2% in the third quarter]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk07CqTKe1eSXn9ye8UNv30 The third-quarter contraction was less than the -0.5% expected by analysts.]]> Fri, 11 Nov 2022 09:07:44 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk07CqTKe1eSXn9ye8UNv30