U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-economy / / #news / / 3 days 3d Share
Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says The firm said its estimate of additional expensed for companies is probably conservative. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-economy / / #news / / 3 days 3d Share
Swiss government slashes growth outlook as Trump tariffs put 'heavy burden' on economy The risks are mounting for the Swiss economy as the country's goods face one of the Trump administration's most punitive tariff rates. cnbc.com cnbc.com / feeds cnbc-com-world .. cnbc-com-top .. cnbc-com-europe .. cnbc-com-economy / / #news / / 3 days 3d Share
CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation Speaking at CNBC's Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-business .. cnbc-com-health-care .. cnbc-com-finance .. cnbc-com-economy / / #news / / 4 days 4d Share
Tariffs are pushing prices higher and consumers are feeling the hit, Fed's Beige Book shows Companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-economy / / #news / / 4 days 4d Share
There's a shocking disparity between how high income and low income earners feel about the economy New JPMorgan data shows how different Americans in different income brackets perceive the economy. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-entertainment .. cnbc-com-economy / / #news / / 5 days 5d Share
Fed's Powell suggests tightening program could end soon, offers no guidance on rates Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond holdings. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-entertainment .. cnbc-com-economy / / #news / / 5 days 5d Share
Bessent tells the FT that struggling China wants 'to pull everybody else down with them' Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-entertainment .. cnbc-com-economy .. cnbc-com-investing / / #news / / 5 days 5d Share
CPI inflation report will be released by Labor Department, while other data is delayed by shutdown The Labor Department will bring back staff to work on a key inflation report. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-economy / / #news / / 9 days 9d Share
WTO hikes global trade forecast for 2025 -- but next year doesn't look so good Global trade volumes rose sharply in the first half of 2025 as businesses front-loaded imports ahead of higher tariffs. cnbc.com cnbc.com / feeds cnbc-com-top .. cnbc-com-world .. cnbc-com-economy / / #news / / 12 days 12d Share