Breaking News: Economy
Sales of heavy trucks are falling like the U.S. is headed for a recession
Data tracking the sales volume of large trucks in the U.S. is flashing a warning sign about the state of the economy. Heavy trucks sales — or those exceeding 14,000 pounds in gross vehicle weight — have dropped to levels not seen in four years, according to the U.S. Bureau of Economic Analysis. The volume […]
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New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together
Key Points Federal Reserve Governor Stephen Miran dissented from the Fed’s decision to lower its key interest rate by a quarter percentage point on Wednesday. Miran, the Trump appointee that the Senate confirmed to the Fed Board of Governors just a day before the two-day policy meeting kicked off, preferred a half-point cut. The governor […]
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Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
Key Points The Fed meets with some big items on the agenda: An important rate decision and forecast of what’s ahead, combined with a healthy dose of political intrigue uncommon for central bank policymakers. While the rate decision is fairly pretty much in the bag, what happens from there is anybody’s guess. Markets are betting […]
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Trump pick Stephen Miran confirmed to Federal Reserve Board; will also keep White House job
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Aaron Schwartz | Bloomberg | Getty Images The Senate on Monday confirmed President Donald Trump’s pick to join the Federal Reserve, Stephen Miran, just one day before the central […]
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Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more
Check out the companies making headlines before the bell: Nvidia — The artificial intelligence chip darling dropped more than 1% after a report by the Financial Times , which cited three people with knowledge of the matter, said China’s internet regulator has banned the biggest tech companies in the country from buying Nvidia’s AI chips. […]
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Three things Britain wants from Trump’s state visit — aside from business deals
Viscount Hood, Lord-in-Waiting, right, greets U.S. President Donald Trump, center, and First Lady Melania Trump as they disembark from Air Force One after arriving at London Stansted Airport in Stansted, UK, on Tuesday, Sept. 16, 2025. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s second state visit to the U.K. — and business […]
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Workers are ‘hugging’ their jobs. There’s a right way and a wrong way to do it
Key Points “Job hugging” is the dynamic in which workers are clinging to their current roles. Hiring and job creation have slowed, meaning job seekers aren’t finding many new opportunities. Some are fearful about a change given labor market and economic uncertainty. Workers who “hug” their jobs should find ways to stand out, and should […]
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Walker & Dunlop CEO says investors need clarity on who decides the fate of Fannie and Freddie
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 real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The annual Zelman […]
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‘Gaza is burning’: Israel launches ground invasion of strip’s largest city
Palestinians watch as the Al-Ghafri tower collapses amid heavy smoke during an Israeli strike in the Rimal neighborhood of Gaza City, on Sept. 15, 2025. Nurphoto | Nurphoto | Getty Images Nearly two years into its retaliatory military offensive in the Gaza Strip, Israel said it has launched a long-studied ground assault on Gaza City. […]
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The UK is about to embrace Trump. The truth is, it needs him right now
U.S. and U.K. banners are installed by engineers from The Flag Consultancy in the street outside Windsor Castle on September 12, 2025 in Windsor, England. U.S. President Donald Trump is making an official state visit to the UK from 17 to 19 September. Leon Neal | Getty Images News | Getty Images The pomp and […]
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