Can Saudi Arabia keep pace with its ambitious mega-project spending spree? "Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns," one financier told CNBC. cnbc.com cnbc.com / feeds cnbc-com-energy .. cnbc-com-world .. cnbc-com-top .. cnbc-com-economy / / #business / / 27 days 27d Share
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders. cnbc.com cnbc.com / feeds cnbc-com-entertainment .. cnbc-com-top .. cnbc-com-world .. cnbc-com-economy / / #entertainment / / 30 days 30d Share
Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-entertainment .. cnbc-com-economy .. cnbc-com-world / / #news / / 30 days 30d Share
UK economy ekes out 0.1% growth in the third quarter, below expectations The U.K. economy expanded by 0.1% in the third quarter of the year, the Office for National Statistics said Friday. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-economy .. cnbc-com-europe / / #news / / 37 days 37d Share
Wholesale prices rose 0.2% in October, in line with expectations The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-entertainment .. cnbc-com-economy / / #news / / 38 days 38d Share
Annual inflation rate hit 2.6% in October, meeting expectations The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-economy / / #news / / 39 days 39d Share
Powell and the Fed won't able to avoid talking about Trump forever The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-economy / / #news / / 44 days 44d Share
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-entertainment .. cnbc-com-world .. cnbc-com-economy / / #news / / 45 days 45d Share
What Trump's historic election victory means for the global economy The former president's litany of pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-economy .. cnbc-com-entertainment / / #news / / 45 days 45d Share
The Fed is expected to cut interest rates again Thursday. Here's everything you need to know Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-economy .. cnbc-com-world .. cnbc-com-entertainment / / #news / / 46 days 46d Share