Breaking News: Economy
Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department, […]
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Japan inflation falls below BOJ’s 2% target for first time since March 2022
Shop owners of a 70-year-old “takoyaki”, or octopus balls, restaurant chat while cooking along a street in the Taito Ward area of Tokyo on February 21, 2025. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate fell to 1.5% in January, its lowest level since March 2022. The reading ended a run […]
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Stocks making the biggest moves after hours: Akamai Technologies, Opendoor, Live Nation & more
Check out the companies making headlines in after-hours trading. Akamai Technologies — Shares of the cloud computing company dropped almost 8% in the after-hours session after Akamai gave disappointing first-quarter guidance. Akamai said it sees first-quarter adjusted earnings ranging between $1.50 and $1.67 per share, compared to the $1.75 per share consensus estimate from analysts […]
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What’s behind a big jump in January property tech funding
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. Capital […]
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U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump’s tariffs
A Chinese flag flutters atop a China customs building, at a terminal of the Yantian port in Shenzhen, Guangdong province, China, Oct. 30, 2025. Tingshu Wang | Reuters The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the […]
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Small furniture retailers face existential tariff threat, regardless of Supreme Court ruling
President Donald Trump’s so-called “reciprocal tariffs” could be struck down by the U.S. Supreme Court as soon as this week. Regardless of the ruling, there’s little comfort to be found for the furniture industry. Furniture importers are facing steep, and in some cases stacking, import duties after the industry was hit with higher tariffs on […]
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United Airlines is paring back rewards for travelers who don’t have its credit card in MileagePlus overhaul
No United Airlines credit card? Soon you’ll earn fewer miles than other travelers. United is overhauling its MileagePlus frequent flyer program to reward travelers with more miles and lower redemption rates, including for some of its long-haul business-class seats — if they have one of the airline’s credit cards. It’s the latest move by an […]
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Stocks making the biggest moves after hours: Carvana, Etsy, DoorDash, Booking Holdings, Figma and more
Check out the companies making headlines in after-hours trading. DoorDash — The food delivery company’s stock price fell nearly 1% in extended trading on the back of weak results . For the fourth quarter, DoorDash reported 48 cents per share in earnings, falling short of the 58 cents per share expected from analysts polled by […]
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Fed officials split on where interest rates should go, minutes say
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now but could resume later in the year only if inflation cooperates. While the decision to hold the central bank’s benchmark rate steady mostly was met with approval, the path ahead appeared less certain, with members conflicted […]
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The ‘boomcession’: Why Americans feel left behind by a growing economy
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. Economic output and the stock […]
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