President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden‘s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s…
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers will soon have a new…
President Donald Trump‘s approval rating has been slipping as Americans sour on his handling of the economy. Is it one more divide between Wall Street and Main Street with stocks still sitting near record highs and corporate profits strong? Not exactly, according to the results of the latest CNBC CFO Council Survey. The C-suite and…
U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images More CNBC coverage on U.S. economy The latest report on inflation, delayed by the government shutdown, showed…
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over…
A shopper browses a holiday food display while shopping for groceries ahead of the Thanksgiving Day holiday at an Albertsons supermarket in Redmond, Washington, U.S., November 24, 2025. David Ryder | Reuters A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown…
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets opened lower Friday following a subdued Wall Street session. Australia’s ASX/S&P 200 fell 0.17%. Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG…
BEIJING, CHINA – DECEMBER 3: French President Emmanuel Macron (R) and Chinese President Xi Jinping walk during a state visit at the Great Hall of the People on December 3, 2025 in Beijing, China. Adek Berry-Pool | Getty Images News | Getty Images China said it was open to importing more goods from France in…
A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying…
NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962…
