Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, telling CNBC that policymakers should have waited until they had more information before easing further. “I’m pretty optimistic that for 2026 rates will will be able to be a fair bit lower than they are today,” the … Read more
Anutin Charnvirakul, Thailand’s prime minister, speaks to members of the media on the sidelines of a seminar in Bangkok, Thailand, on Thursday, Nov. 20, 2025. Dario Pignatelli | Bloomberg | Getty Images Thailand’s king has approved the dissolution of parliament, deepening political instability in the Southeast Asian nation ahead of an attempt by the U.S. … Read more
The U.S. Capitol dome is illuminated as the House of Representatives returns to Washington to vote to reopen the government Wednesday, Nov. 12, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Private markets could get an influx of capital and investors under legislation approved by the House on Thursday The package of capital-formation … Read more
JetBlue Airways’ new lounge, BlueHouse, at JFK’s Terminal 5. Courtesy: JetBlue Airways JetBlue Airways‘ first airport lounge since it started flying nearly 26 years ago is here, inspired by a New York City apartment — but bigger. The 9,000-square foot lounge, called BlueHouse, is set to open Dec. 18 at 5 a.m. ET at the … Read more
Traders work on the floor at the New York Stock Exchange on June 18, 2025. Brendan McDermid | Reuters The Dow Jones Industrial Average reached new heights on Thursday as a Federal Reserve interest rate cut followed by disappointing Oracle results prompted investors to move out of high-flying tech stocks and into names that can … Read more
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. … Read more
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 8, 2025. Brendan McDermid | Reuters The S&P 500 was relatively unchanged on Wednesday ahead of the Federal Reserve’s interest rate decision. The broad market index traded around the flatline. The Dow Jones Industrial Average rose 115 … Read more
People walk along the Huguosi street, Xicheng district, a dedicated food street in Beijing on August 23, 2024. Adek Berry | AFP | Getty Images China’s consumer inflation climbed in November to hit its highest level in nearly two years, while producer price deflation deepened, underscoring the challenge policymakers face in reviving domestic demand amid … Read more
While markets expect Kevin Hassett to be named the next Federal Reserve chair, he is pointedly not the choice of respondents to the CNBC Fed Survey. The December survey shows 84% believe President Donald Trump will tap Hassett, director of the National Economic Council, to head the central bank. But only 11% think that’s what the … Read more