With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. “Multiple international headquarters, hundreds of billions of committed investments…
One of the biggest problems with inflation is that once it has burrowed into an economy, it is very difficult to rid of it. Just when Federal Reserve policymakers thought they might have finally gotten the better of the inflation that gripped the U.S. economy following the pandemic, along came the specter of tariffs. Inflation…
Inflation has fallen considerably, but it is still too high for Federal Reserve policymakers’ tastes. And tariffs make the calculation even more complicated. “We’ve had goods inflation just moving up a bit,” said Fed Chairman Jerome Powell at a news conference last month. “We do expect to see more of that over the course of…
Paul Revere statue in Boston Freedom Trail, a national landmark and major tourist attraction in Boston, Massachusetts. Jorgeantonio | Istock | Getty Images For 400 years, the spirit of independence has served the people of Massachusetts well. In 2025, it helped the state achieve a turnaround of sorts in CNBC’s annual America’s Top States for…
U.S. President Donald Trump speaks to media ahead of boarding Marine One to depart to attend the NATO Summit in The Hague, Netherlands, from the South Lawn at the White House in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | Reuters Six months into his second term in office, President Trump has begun to…
Pipeline Winding in Summer Mountain Landscape Sarkophoto | Istock | Getty Images From the first discovery in Prudhoe Bay in 1968, Alaskans have had a love-hate relationship with oil. On one hand, it allowed Alaska to abolish its state income tax, fund most government operations and provide every Alaskan with a dividend that continues to…
Dennis Macdonald | Photographer’s Choice Rf | Getty Images With a solid economy, a world-class workforce, and a wealth of corporate hospitality, North Carolina is America’s Top State for Business in 2025. The Tar Heel State is on a roll. It captured top honors in the annual CNBC rankings in 2022 and 2023, and it…
Six months after wind-whipped wildfires killed 30 people and destroyed thousands of homes and businesses in and around Los Angeles, the scenes in Altadena and Pacific Palisades are still horrific, with block after block of burned out homes and businesses. But every so often, there are small signs of rebirth, from a property owner cleaning…
