Breaking News: Economy
Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say
U.S. President Donald Trump speaks as he meets with United Nations Secretary-General Antonio Guterres (not pictured) during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters It’s been a chaotic few days for the tech sector, and industry executives and experts are still assessing […]
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Asia markets track Wall Street declines after U.S. Fed chair suggests stocks are overvalued
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines after U.S. Federal Reserve Chair Jerome Powell said that “equity prices are fairly highly valued.” Powell also signaled that the rate-cutting path wasn’t clear and that the central bank faces a “challenging situation.” Australia’s […]
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Fed Chief Powell says stock prices appear ‘fairly highly valued’
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell on Tuesday noted that asset prices, a category that typically includes stocks and other […]
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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
Key Points Fed Chair Jerome Powell said that weakness in the labor market is outweighing concerns about stubborn inflation, leading to a decision to lower the central bank’s key interest rate last week. “This policy stance, which I see as still modestly restrictive, leaves us well positioned to respond to potential economic developments,” he added […]
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Young adults embrace ‘financial nihilism’ with risky crypto, stock bets as American dream feels unattainable
Technology concept with always connected students – Vivid filter Davide Zanin | Istock | Getty Images When Jacob Kaplan thinks about his path to financial security, he sees a need to take big risks. For years, Kaplan has been betting on major sporting events through online platforms, often dedicating 30 hours a week to the […]
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Watch Fed Chair Jerome Powell speak live on interest rates and the economy
[The stream is slated to start at 12:35 p.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Chair Jerome Powell speaks Tuesday to the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon. This is Powell’s first speech […]
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Single-family rent growth is starting to show new weakness
A “For Rent” sign in front of a building in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the […]
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Chicago Fed President Goolsbee says officials have to be careful not to get too aggressive with rate cuts
Key Points Chicago Fed President Austan Goolsbee expressed caution about lowering interest rates as the U.S. economy grapples with the forces of slower growth and a weaker labor market. “With inflation having been over the target for four and a half years in a row and rising, I think we need to be a little […]
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U.S. and global growth forecast lifted by OECD as economies surprise to the upside
Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto| Nurphoto | Getty Images The Organisation for Economic Co-operation and Development upgraded its global economic growth forecast on Tuesday, with many economies appearing more resilient than expected so far this year. […]
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Trump to meet top Democrats as their health care demands fuel government shutdown risk
U.S. Senate Minority Leader Charles Schumer (D-NY) and House Minority Leader Hakeem Jeffries (D-NY) speaks with the press on Capitol Hill on Thursday Sept. 11, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump will meet with the two top Democrats in Congress sometime this week as the federal government heads […]
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