Breaking News: Economy
- November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows - Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.
- November's inflation report is the first to be released after the shutdown. Here's what to expect - November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
- Watch live: President Trump addresses the nation from the White House - President Trump will address the nation Wednesday as his approval ratings are dipping according to several polls.
- What Trump's reclassification of pot and CBD could mean for seniors, research and stocks - Reclassification to a Schedule III drug and possible Medicare coverage for pot could unlock new investment from pharmaceutical companies.
- Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend - Hassett declined in a CNBC interview to directly address his own candidacy but said forging consensus is an important part of the job.
- Payrolls rose by 64,000 in November, more than expected, delayed jobs numbers show - Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.
- High cost of goods is causing consumers to spend less for the holidays, CNBC survey finds - The latest CNBC All-America Economic Survey found the "high cost of goods" has emerged as a major factor affecting how much shoppers spend and where they spend.
- Goldman Sachs makes big bet on ETFs specializing in downside protection - Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — which use options to help protect against market losses.
- Trump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on rates - MarketsTrump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on ratesPublished Fri, Dec 12 20253:52 PM ESTUpdated 4 Min Ag
- Fed's Goolsbee explains vote against rate cut, says central bank should have waited - Chicago Federal Reserve President Austan Goolsbee spoke Friday morning on CNBC.