Breaking News: Economy
Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962 […]
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Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says
Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass […]
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November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying […]
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The niche real estate sector that’s luring big money for small kids’ care
A Fortec adaptive reuse project in Barrington, Illinois. Courtesy: Fortec 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 […]
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Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop
ETF Edge Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop Published Wed, Dec 3 20257:00 AM EST Blair Bao WATCH LIVE Source
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Stocks making the biggest moves after hours: CrowdStrike, American Eagle Outfitters, Marvell Technology, GitLab and more
Check out the companies making headlines in after-hours trading. Pure Storage — Shares of the data management and storage company plunged nearly 9% after Pure Storage reported third-quarter adjusted earnings of 58 cents per share that matched consensus expectations, according to LSEG. The company posted revenue for the period of $964.5 million, up 16% year-over-year, […]
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Apartment rents drop further, with vacancies at record high
A “For Rent” sign in front of an apartment building on St. Paul Street in Brookline, MA, on September 12, 2025. Boston Globe | Boston Globe | 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 real […]
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Euro zone inflation up a notch to 2.2% in November, flash data shows
A Christmas market in Cottbus, Germany. Picture Alliance | Picture Alliance | Getty Images Euro zone inflation stood at 2.2% in November, marking a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday. The latest consumer price index reading is just a shade above the European Central Bank’s 2% target. […]
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Treasury yields move higher as markets look to faster economic growth in 2026
U.S. Treasury yields moved higher on Monday to start off the first day of December as investors increased bets on the Federal Reserve cutting interest rates in its upcoming meeting. At 5:47 a.m. ET, the 10-year Treasury was up more than 2 basis points at 4.044%, while the 30-year bond yield climbed 3 basis points to 4.702%. The 2-year note yield […]
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India’s industrial output grew just 0.4% in October, missing estimates
Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India’s industrial production grew just 0.4% in October, indicating a sharp slowdown in the economy. The Index of Industrial Production (IIP) fell short of September’s 4% growth and is even lower than the 3.1% […]
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