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Breaking News: Economy

What Trump’s mass deportation plan would mean for immigrant workers and the economy

President-elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending...

Holiday shopping season: An early look at how retail stores and e-commerce are getting ready for the rush

The consumer continues to look healthy and the supply chain has regained stability as the holiday shopping season begins.That's according to DHL Supply Chain's...

The East and Gulf coast ports strike could be a no-win situation for the Biden administration

Mario Tama | Getty Images News | Getty ImagesPresident Joe Biden and his administration are sticking to their position of not invoking the Taft-Hartley...

CNBC Daily Open: It might be better economic data isn’t all rosy

People shop at a home improvement store on August 14, 2024, in New York City. Spencer Platt | Getty ImagesThis report is from today's CNBC...

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing on...

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a...

Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...

Weekly mortgage demand surges 14% higher as interest rates hit two-year low

A home with a "Sold" sign from a real estate company in North Patchogue, New York.Steve Pfost | Newsday | Getty ImagesMortgage rates came...

What a Fed rate cut could mean for the world

The U.S. Federal Reserve is on Wednesday heading for its first interest rate cut since the onset of the Covid-19 pandemic — and despite...

Britain labels data centers critical infrastructure to boost cyber defenses

Data centers today are crucial computing infrastructure that power the modern-day internet.In Pictures Ltd | Andrew Aitchison | Corbis News | Getty ImagesLONDON —...

Delta’s summer outlook disappoints as industry’s flight glut drives down fares

Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its projection fell short of...

Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers

Inflation may be cooling, but consumers' outrage over higher prices is running hot.TikTok users blasted Walmart for rolling out digital shelf labels that allow...

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