<![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 Mon, 25 Sep 2023 07:48:29 +0200 <![CDATA[Credit card losses are rising at the fastest pace since the Great Financial Crisis]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkNnAx2BXDiv5VjH6qdYdAk Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.]]> Fri, 22 Sep 2023 17:10:46 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkNnAx2BXDiv5VjH6qdYdAk <![CDATA[The Fed would be 'flying blind' on interest rate decisions after a government shutdown]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnIhu6YuNry7ps0ohxaO6Yr A looming government shutdown could prevent the Federal Reserve from raising rates in November, Bank of America says.]]> Wed, 20 Sep 2023 16:07:09 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnIhu6YuNry7ps0ohxaO6Yr <![CDATA[Striking unions impacting the economy at a level not seen in decades]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlPGS_SGp9gcezdsCmHakzH So far, the UAW stoppage has impacted just a small portion of the workforce with limited implications for the broader economy.]]> Mon, 18 Sep 2023 19:44:45 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlPGS_SGp9gcezdsCmHakzH <![CDATA[August wholesale inflation rises 0.7%, hotter than expected]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmI_RVfxt0qKcb1naedg1wr The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.]]> Thu, 14 Sep 2023 14:34:17 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmI_RVfxt0qKcb1naedg1wr <![CDATA[Shipping giant Maersk unveils 'trendsetter' green vessel as it aims to be carbon neutral by 2040]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnk0mNM_SSoaClmFkX7M1Jw Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol.]]> Thu, 14 Sep 2023 07:02:58 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnk0mNM_SSoaClmFkX7M1Jw <![CDATA[August core inflation, excluding food and energy, rose 0.3% hotter than expected]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk5S2fw2zvHj8b1naedg1wr The consumer price index was expected to increase 0.6% in August and 3.6% from a year ago, according to the Dow Jones consensus estimate.]]> Wed, 13 Sep 2023 14:47:40 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk5S2fw2zvHj8b1naedg1wr <![CDATA[Fears over access to credit hit highest level in more than a decade, New York Fed survey shows]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnoJMNcT7T5GZs0ohxaO6Yr Respondents indicating that the ability to get credit is harder now than it was a year ago rose to nearly 60%.]]> Mon, 11 Sep 2023 17:00:02 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnoJMNcT7T5GZs0ohxaO6Yr <![CDATA[Taylor Swift is single handedly giving a boost to hotel industry revenue]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlLr6h36fGwFaCY3L745TL_ An analysis found hotels in states Swift visited did notably better than the national average.]]> Fri, 08 Sep 2023 16:54:44 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlLr6h36fGwFaCY3L745TL_ <![CDATA['Very stupid': Italy's bank tax remains controversial as government scrambles to update it]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovl4dUdYgSXVtXn9ye8UNv30 Italy's shock tax on banks continues to prove controversial, even as the government insists it can "improve" it.]]> Mon, 04 Sep 2023 12:23:02 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovl4dUdYgSXVtXn9ye8UNv30 <![CDATA[Black unemployment rate declines in August, even as it rose across the board]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlliymwUKcZlylmFkX7M1Jw The jobless rate ran higher overall, but slid for Black workers.]]> Fri, 01 Sep 2023 19:30:41 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlliymwUKcZlylmFkX7M1Jw <![CDATA[Here's where the jobs are for August 2023 — in one chart]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkqHIMKidGdjXn9ye8UNv30 Health care and social assistance was again the top area for job growth in August.]]> Fri, 01 Sep 2023 16:56:16 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkqHIMKidGdjXn9ye8UNv30 <![CDATA[Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnwrAEGxZYgKuT5HJgy6HUf Nonfarm payrolls were expected to increase 170,000 in August, according to a Dow Jones consensus estimate.]]> Fri, 01 Sep 2023 15:04:59 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnwrAEGxZYgKuT5HJgy6HUf <![CDATA[Taylor Swift, Beyoncé and 'Barbenheimer' are lifting consumer spending this quarter. But Morgan Stanley says it may not last]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkinyF1b8k_lHn9ye8UNv30 Morgan Stanley sees a potential unwinding from these events, as well as the resumption of student loan payments, in the fourth quarter.]]> Thu, 31 Aug 2023 21:58:20 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovkinyF1b8k_lHn9ye8UNv30 <![CDATA[U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnPKe7ec7Pvg6CY3L745TL_ Economists surveyed by Dow Jones were expecting 200,000 jobs added in August.]]> Wed, 30 Aug 2023 14:15:15 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovnPKe7ec7Pvg6CY3L745TL_ <![CDATA[American workers are demanding almost $80,000 a year to take a new job]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmBsnFiN0kC2pVjH6qdYdAk The average "reservation wage," or the minimum acceptable salary offer to switch jobs, rose to $78,645 during the second quarter of 2023.]]> Mon, 21 Aug 2023 17:00:03 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmBsnFiN0kC2pVjH6qdYdAk <![CDATA[China's economic model is 'washed up on the beach,' says veteran investor David Roche]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk9ih9W3sH5pSejEQ2Mq9rY China's economic model is "washed up on the beach" and "not going to take off again," which will have a big impact on global markets, says veteran investor David Roche.]]> Thu, 17 Aug 2023 15:14:32 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovk9ih9W3sH5pSejEQ2Mq9rY <![CDATA[Retail sales increased 0.7% in July, better than expected as consumer spending is holding up]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmh1ndts7Y6LuzdsCmHakzH The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate]]> Tue, 15 Aug 2023 14:46:32 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmh1ndts7Y6LuzdsCmHakzH <![CDATA[Russian ruble slumps to near 17-month low, moves past 100 against the dollar]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlWqFLioD_dwOzdsCmHakzH Russian ruble slumps to near 17-month low, moves past 100 against the dollar]]> Mon, 14 Aug 2023 09:26:52 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovlWqFLioD_dwOzdsCmHakzH <![CDATA[Wholesale prices rose 0.3% in July, higher than expected]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmxeOM4TcVOpKCY3L745TL_ Wholesale prices rose 0.3% in July, higher than expected]]> Fri, 11 Aug 2023 14:35:54 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovmxeOM4TcVOpKCY3L745TL_ <![CDATA[Inflation gauge rose 3.2% annually in July, less than expected]]> https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm1dEEcBEyO--T5HJgy6HUf The consumer price index in July was expected to rise 0.2% from the prior month and 3.3% from a year ago, according to Dow Jones.]]> Thu, 10 Aug 2023 14:39:18 +0200 https://api.follow.it/track-rss-story-click/v3/LyALXzDuovm1dEEcBEyO--T5HJgy6HUf