Breaking News: Economy
Consumer confidence hits lowest point since April as job worries grow
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 Consumers soured on the current economy and their prospects for the future, with worries growing over the ability to find a job, according to a Conference Board survey released […]
Read More
Multifamily housing leads CRE bid competition in October
Modern urban condos in Chattanooga, Tennessee Marcia Straub | Moment | 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 estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
Read More
Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’
A sign opposing a zoning change for a Microsoft data center appears in Caledonia, Wisconsin, on Sept. 19, 2025. Jordan Novet | CNBC The village of Caledonia, Wisconsin, sandwiched between Chicago and Milwaukee along Lake Michigan, is dotted with corn and soybean fields, single-story homes and traffic signs alerting drivers to horseback riders. In September, […]
Read More
Stocks making the biggest moves after hours: Zoom, Semtech, Agilent Technologies, Sandisk and more
Check out the companies making headlines in after-hours trading. Zoom Communications — The work services stock jumped almost 4% after posting stronger-than-expected third-quarter earnings and upbeat full-year guidance. Zoom earned $1.52 per share excluding items on $1.23 billion in revenue, while analysts polled by LSEG penciled in $1.44 a share and $1.21 billion, respectively. The […]
Read More
Bessent believes there won’t be a recession in 2026 but says some sectors are challenged
Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering […]
Read More
Americans are holding onto devices longer than ever and it’s costing economy
If you are holding onto your aging printer or cracked smartphone longer than you had planned, you are not alone. Heather Mitchell, 69, retired and living in Tucson, Arizona, is content with her phone even though it is old by smartphone standards. “My Samsung Galaxy A71 is six-years-old. It’s hanging in there surprisingly well for […]
Read More
‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving
A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended. […]
Read More
One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much
Key Points Messages that come out of the top echelon at the Fed are measured carefully, calibrated between delivering clear ideas about policy without causing undue reaction in financial markets. That’s why a speech Friday from the current New York Fed leader, John Williams, mattered so much to markets. Ongoing concerns about AI tempered a […]
Read More
The senior population is booming. Caregiving is struggling to keep up
Maskot | Maskot | Getty Images In November 2022, Beth Pinsker’s 76-year-old mother began to get sick. Ann Pinsker, an otherwise healthy woman, had elected to have a spinal surgery to preserve her ability to walk after having back issues. What Ann and Beth had thought would be a straightforward recovery process instead yielded complications […]
Read More
Stocks making the biggest moves after hours: Intuit, Gap, Ross Stores and more
Check out the companies making headlines in after-hours trading. Intuit — Intuit shares jumped more than 3% on the back of strong first-quarter results. The software company earned $3.34 per share, on an adjusted basis, while analysts polled by FactSet expected $3.09 per share. Revenue came out at $3.89 billion for the period, exceeding the […]
Read More