Economy

The number of available jobs in the United States unexpectedly rose in April, bucking economists’ predictions after a three-month stretch of…

By Bryan Mena, CNN Washington, DC (CNN) — US economic growth in the first three months of the year was faster than previously estimated, the…

By Anna Bahney, CNN Washington, DC (CNN) — US home building unexpectedly rose in April, climbing 2% from March, as low inventory in the…

By Bryan Mena, CNN Washington, DC (CNN) — Spending at US retailers rose in April following two months of declines, showing the US consumer is…

By Krystal Hur, CNN Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that’s battered markets and…

By Nathaniel Meyersohn, CNN Nordstrom. Walmart. Whole Foods. Starbucks. CVS. These big chains and others have closed stores in major US cities…

By Bryan Mena, CNN Wholesale annual inflation slowed in April, adding to signs that price pressures are easing. The Producer Price Index, a key…

By Anna Bahney, CNN The United States has never defaulted on its debt, and it remains an unlikely outcome of the current standoff about raising the…

By Elisabeth Buchwald, CNN Annual inflation unexpectedly declined to 4.9% last month, according to the April Consumer Price Index report, released…

By Alicia Wallace, CNN The number of open jobs in the United States has dropped to the lowest level since May 2021, a reflection of a labor market…

By Nathaniel Meyersohn, CNN In the 1980s, a new type of specialty retail chain started to emerge: “category killers.” The stores’…

By Bryan Mena, CNN Compensation for US workers picked up in the first three months of the year, showing that a major source of inflationary pressure…

By Bryan Mena, CNN US economic growth slowed to an annualized and seasonally adjusted rate of 1.1% in the first quarter of this year, as businesses…

By Anna Bahney, CNN US home prices rose slightly in February, snapping a seven-month streak of month-over-month declines, according to the latest…

Bryan Mena, CNN US consumer confidence worsened in April as Americans become more pessimistic about the job market. The Conference Board’s…

By Nathaniel Meyersohn, CNN Bed Bath & Beyond is stripping down its big blue signs, clearing out aisles of linens and closing hundreds of…

Home buyers have proved to be mortgage rate sensitive, with home sales over the past year tanking as rates have surged, and improving during periods…

By Anna Bahney, CNN US home sales fell in March, after a turnaround in February that followed a full year of declining home sales due to surging…

By Nicole Goodkind, CNN Earnings reports are coming thick and fast, showing how companies fared in the first few months of the year. But analysts and…

By Anna Bahney, CNN US home building pulled back in March, falling 0.8% in March from February as a decline in multifamily home construction failed…

By Julia Horowitz, CNN Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008. Now, the famous investor…

By Krystal Hur, CNN Corporate guidance statements will be front and center as earnings season kicks off, with investors trying to gauge the…

By Anna Cooban, CNN Cineworld’s stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to…

By Alicia Wallace, CNN US consumers are starting to feel that credit is getting harder to come by, according to survey results released Monday by the…

By Nicole Goodkind, CNN In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the…

By Krystal Hur, CNN There’s been a seismic shift in investor perspective: Bad news is no longer good news. For the past year, Wall Street has…

Bryan Mena, CNN The latest monthly jobs report showed that US hiring slowed in March but remained robust, with gains in service-providing businesses…

By Hanna Ziady and Julia Horowitz, CNN Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past.…

By Julia Horowitz, CNN Inflation in Europe has fallen to its slowest pace in more than a year, though stark signs of persistent underlying pressure…

By Nicole Goodkind, CNN It cost the Federal Deposit Insurance Corporation about $23 billion to clean up the mess that Silicon Valley Bank and…

By Alicia Wallace, CNN Confidence in the US economy ticked up in March, despite the sudden turmoil in the banking industry, according to the latest…

By Nicole Goodkind, CNN The job market has remained strong even as the Federal Reserve has spent a full year attempting to cool off the economy by…

By Nicole Goodkind, CNN Economists are growing concerned about the $20 trillion commercial real estate (CRE) industry. After decades of thriving…

By Hanna Ziady, CNN The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight to rein in…

By Olesya Dmitracova and Hanna Ziady, CNN UK consumer prices jumped by 10.4% in February compared with a year ago, as food inflation hit its highest…