Fed’s Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks

Fed’s Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. David Paul Morris | Bloomberg | Getty Images Federal Reserve Bank of Boston President Susan Collins … Read more

The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders

The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders

The Washington Post | The Washington Post | Getty Images At 12:30 p.m. in midtown Manhattan on mid-week office days, long lines still form outside Chipotle, Cava, and Sweetgreen. Fast-casual bowls remain the defining lunch of the hybrid-work era, something quick to carry, simple to eat at a desk, and familiar enough to order without … Read more

One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images Communication at the Federal Reserve, particularly at the highest levels, rarely happens by … Read more

Cleveland Fed’s Hammack supports keeping rates around current ‘barely restrictive’ level

Cleveland Fed’s Hammack supports keeping rates around current ‘barely restrictive’ level

Cleveland Federal Reserve President Beth Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle. The policymaker told CNBC that she thinks the current level of interest rates is “barely restrictive, if at all” when it comes to the economic impact. … Read more

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

The U.S. economy added substantially more jobs than expected in September, according to a long-awaited report Thursday from the Bureau of Labor Statistics. Nonfarm payrolls increased by 119,000 in the month, up from the 4,000 jobs lost in August following a downward revision. The Dow Jones consensus estimate for September was 50,000. The July total … Read more

Stocks making the biggest moves premarket: Nvidia, Walmart, Palo Alto Networks & more

Stocks making the biggest moves premarket: Nvidia, Walmart, Palo Alto Networks & more

Check out the companies making headlines before the bell: Nvidia — The chipmaker popped 5% after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. Walmart — The retail giant rose slightly on better-than-expected results for the third quarter. Walmart earned an adjusted 62 … Read more

Treasury yields edge lower as investors navigate post-shutdown data flurry

Treasury yields edge lower as investors navigate post-shutdown data flurry

U.S. Treasury yields fell on Tuesday as investors prepared for the release of delayed jobs data after the 43-day government shutdown ended. The 10-year Treasury yield — the benchmark for U.S. government borrowing — fell almost 3 basis points to 4.104% as of 4:47 a.m. ET Tuesday. Yields on the 2-year Treasury note dropped by more than 4 … Read more

Saudi crown prince to visit U.S. for the first time since Khashoggi scandal

Saudi crown prince to visit U.S. for the first time since Khashoggi scandal

U.S. President Donald Trump shakes hands with Saudi Crown Prince Mohammed Bin Salman during a welcoming ceremony in Riyadh, Saudi Arabia, May 13, 2025. Bandar Algaloud/courtesy Of Saud | Via Reuters U.S. President Donald Trump is set to meet with Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday, with the leaders expected to discuss … Read more

AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says

AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says

Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the … Read more

China slow-walks U.S. soybean purchases as stockpiles hit multi-year highs, undermining Trump’s trade deal claims

China slow-walks U.S. soybean purchases as stockpiles hit multi-year highs, undermining Trump’s trade deal claims

China’s imports of U.S. soybeans have shown little sign of rebounding as Beijing’s stockpiles swelled to their highest levels in years, undermining U.S. President Donald Trump’s claims that a recent trade truce would spur major new Chinese purchases. China, the world’s largest consumer of soybeans, has built up a glut of supplies after months of … Read more