No one leaving New York City because of Mamdani, say two top real estate CEOs

No one leaving New York City because of Mamdani, say two top real estate CEOs

Scott Rechler, RXR Chairman and CEO, and Bill Rudin, Rudin Management Co-Chairman, speaking at CNBC’s Delivering Alpha event in New York on Nov. 13th, 2025. Adam Jeffery | CNBC New York Mayor-elect Zohran Mamdani’s views have sparked fears that there will be an exodus of companies and capital from the city. But two of the … Read more

September jobs report will be out Thursday as first data since shutdown starts to trickle out

September jobs report will be out Thursday as first data since shutdown starts to trickle out

Job seekers wait to enter the SacJobs Career job fair in Sacramento, California, US, on Thursday, Nov. 13, 2025. David Paul Morris | Bloomberg | Getty Images The first economic data report that went unreleased due to the government shutdown will be released next week, the Bureau of Labor Statistics said Friday. As the U.S. … Read more

Fewer burritos, more bargains: Consumers flash holiday warning signs

Fewer burritos, more bargains: Consumers flash holiday warning signs

Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may not bode well for the … Read more

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC. Alex Wong | Getty Images Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in … Read more

Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

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 Boston Federal Reserve President Susan Collins on Wednesday … Read more

House to vote on bill to end shutdown around 7 p.m. ET Wednesday, Rep. Scalise says

House to vote on bill to end shutdown around 7 p.m. ET Wednesday, Rep. Scalise says

The U.S. House of Representatives will vote early Wednesday evening to end the longest government shutdown in history, Rep. Steve Scalise, R-La., said. “We’ll start the process probably around 4, 5 o’clock. The actual vote on the bill to fund the government will probably come later, around 7 o’clock,” the House majority leader told CNBC. … Read more

Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase

Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase

Chinese President Xi Jinping meets with U.S. President Donald Trump in Busan, South Korea, Oct. 30, 2025. (Photo by Huang Jingwen/Xinhua via Getty Images) Huang Jingwen | Xinhua News Agency | Getty Images Even as a U.S.–China trade truce appears to be holding, analysts caution that the détente remains fragile in a rivalry increasingly defined … Read more

‘Ghost job’ postings are adding another layer of uncertainty to the stalling jobs picture

‘Ghost job’ postings are adding another layer of uncertainty to the stalling jobs picture

Job seekers attend the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on September 25, 2025 in Sunrise, Florida. Joe Raedle | Getty Images Judging by current data, you’d think there’s literally a job out there for anyone who wants one. Looking deeper under the hood, though, tells a different story. … Read more

American farmers push to boost soybean sales in China as Trump’s trade war rumbles on

American farmers push to boost soybean sales in China as Trump’s trade war rumbles on

After President Donald Trump’s recent meeting with Chinese leader Xi Jinping, there is hope for U.S. farmers that the soybean business may be on the way back. At the China International Import Expo last week, Illinois soybean farmer Scott Gaffner said he came to Shanghai to save his China business. “We want to make sure … Read more

Air traffic staffing shortages disrupt thousands of flights while FAA-mandated cancellations to worsen next week if shutdown continues

Air traffic staffing shortages disrupt thousands of flights while FAA-mandated cancellations to worsen next week if shutdown continues

A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Nearly 7,000 U.S. flights were delayed and more than 2,000 were canceled on Saturday amid across-the-country air traffic controller staffing … Read more