Breaking News: Economy
U.S. Latino immigrants generate $1.6 trillion in GDP, report says
People seen holding Puerto Rican flag during the annual Puerto Rican Day Parade on 5th Avenue in New York City. Sopa Images | Lightrocket | Getty Images U.S. Latino immigrants accounted for $1.6 trillion in GDP in 2023, according to a new research report by the Latino Donor Collaborative, contributing to an overall purchasing power […]
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New York City mayor candidate Curtis Sliwa says he was offered money to quit race
Guardian Angels founder Curtis Sliwa attends a protest against a tent shelter for migrants at Floyd Bennett Field in the Brooklyn borough of New York City on August 22, 2023. Paul Frangipane | Corbis News | Getty Images Curtis Sliwa, the Republican nominee in the race for mayor of New York City, said Wednesday that […]
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Trump’s tennis invite from Rolex echoes Apple, Nvidia playbook for currying favor, Warren says
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York […]
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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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