Breaking News: Economy
Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show
watch now VIDEO3:1603:16 Fed minutes: Most participants say it would be appropriate to ease further to end the year Power Lunch Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting minutes released Wednesday showed. The meeting summary indicated […]
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What the government shutdown means for commercial real estate
The sunset is reflected in the windows of the US Capitol as a man runs on the National Mall in Washington, DC, on October 1, 2025, the first day of the US federal government shutdown. Andrew Caballero-reynolds | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter […]
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September, typical boom month for shipping, looks more like freight recession this year
Lorado | E+ | Getty Images September, a key month for shipping ahead of the holiday season, is usually a boom one inside the freight business and supply chain, with products moving from warehouses to stores or consumers. Not this year. The latest Logistics Managers’ Index, which tracks inventory levels, warehouse costs, transportation capacity, and […]
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Republicans face pressure to consider Democrats’ health care demands as shutdown drags on
U.S. Senator Susan Collins (R-ME) speaks with Senator Lisa Murkowski (R-AK), as Lori Chavez-DeRemer, U.S. President Trump’s nominee to be secretary of labor testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 19, 2025. Kent Nishimura | Reuters Sen. Susan Collins is reportedly […]
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Investors are making up the highest share of homebuyers in 5 years
A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California. Justin Sullivan | 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 […]
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WTO hikes global trade forecast for 2025 — but next year doesn’t look so good
A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters The World Trade Organization on Tuesday hiked its forecast for global trade growth in 2025 but warned that the outlook for 2026 had deteriorated. In its latest “Global Trade Outlook […]
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France is plunged further into political crisis. Here’s what could happen next
France’s President Emmanuel Macron gestures as he speaks to the press at the end of the 7th European Political Community (EPC) Summit at the Bella Center in Copenhagen, Denmark on October 2, 2025. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron is confronting another massive political headache following the shock resignation of […]
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Senate to vote again on funding bill as government shutdown stalemate enters sixth day
US Senate Majority Leader John Thune, Republican from South Dakota, speaks to reporters outside of his office at the US Capitol, on the second day of the US government shutdown in Washington, DC, on October 2, 2025. Andrew Caballero-Reynolds | Afp | Getty Images The Senate is set to vote again on Monday on a […]
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Mongolia to join data center frenzy with Chinggis Khaan sovereign wealth fund
A view from the statue of Genghis Khan in Ulaanbaatar, Mongolia on April 04, 2022. Anadolu | Anadolu | Getty Images Mongolia, long reliant on mining, plans to build data centers powered by renewable energy as it prepares its first sovereign wealth fund aimed at channeling its mineral wealth to social welfare and infrastructure. “We […]
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