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
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., Dec. 8, 2025. Brendan McDermid | Reuters Stocks were little changed on Tuesday as Wall Street looks ahead to this week’s interest rate decision from the Federal Reserve. The S&P 500 hovered around the flatline, … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 21, 2025 in New York City. Spencer Platt | Getty Images The S&P 500 edged higher on Friday, securing its fourth straight winning day, as traders digested inflation data that could provide further incentive for the Federal Reserve to lower interest … Read more
A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower interest rates. The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly … Read more
A Christmas market in Cottbus, Germany. Picture Alliance | Picture Alliance | Getty Images Euro zone inflation stood at 2.2% in November, marking a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday. The latest consumer price index reading is just a shade above the European Central Bank’s 2% target. … Read more
From July 2024 to July 2025, 1 in 3 condos sold in Manhattan sold at a loss, according to luxury real estate firm Brown Harris Stevens. Experts say this dynamic is somewhat typical in a city with high selling fees and high tax rates. What is unusual is the borough’s wavering property values over the … Read more
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
The U.S. Bureau of Labor Statistics is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. Bill Clark | Getty Images The Bureau of Labor Statistics said it was canceling the release of the October consumer price index, leaving the Federal Reserve without a key piece … Read more
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025. Al Drago | Bloomberg | Getty Images Odds of a December rate cut remained low following the release of delayed jobs data. Markets were last pricing … Read more
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