Economy

By Chris Isidore, CNN Business The US trade gap edged only slightly higher in October than the month before, to $78.2 billion. The latest reading was…

By Nicole Goodkind, CNN Business Democrats and Republicans in Congress are gearing up for yet another political showdown over raising the…

By Hanna Ziady, CNN Business The United Kingdom faces a “lost decade” of growth if action isn’t taken to address slumping business…

By Nicole Goodkind, CNN Business The global economy is weakening and consumers are feeling financially stressed. Gas and heat prices are up…

By Chris Isidore, CNN Business The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product…

By Nicole Goodkind, CNN Business American shoppers just keep on spending, lending vital support to the economy. The question is: How long will it…

By Nathaniel Meyersohn, CNN Business When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly…

By Anna Bahney, CNN Business Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate…

By Hanna Ziady, CNN Business Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in…

By Julia Horowitz, CNN Business The story of financial markets and the global economy this year has been written in part by the dramatic rise of the…

By Hanna Ziady, CNN Business Global growth will slow further in the coming year but the world will likely avoid a recession thanks to Asia’s…

By Nicole Goodkind, CNN Business Investors appear to have traded in their fleece vests for crystal balls — everyone on Wall Street seems to have a…

By Chris Isidore and Vanessa Yurkevich, CNN Business America faces a growing risk of a crippling national freight rail strike in two weeks. The…

By Paul R. La Monica, CNN Business Americans are getting ready to celebrate Thanksgiving. But investors in the United States (and the rest of the…

By Nicole Goodkind, CNN Business Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got…

By Nicole Goodkind, CNN Business Ferragamo belt-buckles are being tightened across Wall Street as bankers prepare for a gloomy bonus season. Year-end…

By Nicole Goodkind, CNN Business The crypto industry is still reeling from last week’s shocking death spiral of digital currency exchange FTX.…

By Paul R. La Monica, CNN Business Stocks ended the day higher Tuesday after the US government reported that wholesale prices rose at a far less…

By Anna Bahney, CNN Business There is no sugarcoating it: This is a terrible time to buy a home. Mortgage rates for a 30-year fixed rate loan are now…

By Alicia Wallace, CNN Business Americans and the Federal Reserve got some welcome news Thursday on inflation. The Consumer Price Index rose 7.7% for…

By Alicia Wallace, CNN Business American consumers borrowed another $25 billion in September, according to newly released Federal Reserve data, as…

By Nicole Goodkind, CNN Business What will the Federal Reserve do at its meeting in December? Analysts can speculate all they want, but Fed officials…

By Matt Egan, CNN Business While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s…

By Nicole Goodkind, CNN Business Despite a stock-market bounce in October that gave the Dow its biggest monthly gain in more than 45 years,…

By Alicia Wallace, CNN Business The number of available jobs in the United States increased in September, surprising economists who had expected the…

By Jeanne Sahadi, CNN Business There are few places to keep your cash these days that can protect your money from inflation. And while you might have…

By Paul R. La Monica, CNN Business The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on…

By Alicia Wallace, CNN Business A new batch of inflation data released Friday showed that while prices remained uncomfortably high in September, a…

By Anna Bahney, CNN Business New home sales fell in September amid rising mortgage rates that have pushed some buyers away from the housing market.…

By Paul R. La Monica, CNN Business Consumers may be worried about inflation and rising interest rates. But don’t tell that to Wall Street.…

By Anna Bahney, CNN Business After more than doubling this year, mortgage rates are expected to retreat in 2023, according to an updated forecast…

By Hanna Ziady, CNN Business Some of the top names on Wall Street think a US recession is now likely, if not inevitable. But they have bigger worries…

By Paul R. La Monica, CNN Business October may be famous for historically horrifying stock market crashes like the ones in 1929, 1987 and 2008. But…

By Alicia Wallace, CNN Business Almost two-thirds of corporate economists believe the United States is already in a recession or will be within the…

By Anna Bahney The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked…

By Julia Horowitz, CNN Business Twelve days from now, the Federal Reserve will meet again, and expectations for the central bank’s next moves…