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- McDonald's shares surge on strong beat, new products fueling sales
- A figure in Alphabet's earnings report may signal Facebook will beat the Street
- Your next big raise? Don't hold your breath, some economists say
- The business marketplace Amazon launched two years ago already has more than 1 million customers
- Pace of growth in home prices in major metro areas slows due to lack of supply
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Jeff Cox, CNBC.com’s Posts
Central bankers have turned investing into a game with an unpleasant outcome likely, the bond king said.
Federal Reserve Governor Daniel Tarullo announced that future stress tests will be geared toward demanding even higher cash buffers for big banks.
The recent controversy over Wells Fargo creating phony accounts for customers highlights the need for strong banking regulation, Treasury Secretary Jack Lew said Tuesday.
Amid rising recession expectations and turbulence financial markets, companies kept on creating jobs in February.
Traders have taken a 2016 interest rate hike off the table, anticipating that the earliest the U.S. central bank might move would be February 2017.
The U.S. economy closed out 2015 with a huge round of job creation.
Private companies created far more jobs than expected in December, a bright sign for an economy that has been otherwise struggling, according to the latest numbers from ADP and Moody’s Analytics.
At long last, a rate hike for the history books. After seven years of the most accommodative monetary policy in U.S. history, the Fed on Wednesday, as widely expected, approved a quarter-point increase in its target funds rate. The new target will go from 0 percent to 0.25 percent to 0.25 percent to 0.5 percent. …
The U.S. economy generated a solid 211,000 jobs in November, a number that topped expectations and may have turned the final key for the Federal Reserve to hike interest rates later this month. In a much-anticipated report, the Bureau of Labor Statistics said nonfarm payroll growth continued to build on the momentum from October. Wall …
Banking is becoming increasingly less personal, and customers seem to like it that way. At a time when bank branches are disappearing by the hundreds, many folks don’t seem to care. In fact, an expansive survey shows that when it comes to the banking experience, institutions are far better off concentrating on creating great mobile …
If the Federal Reserve opts not to raise interest rates in December, it won’t be over calendar or political concerns. With arguments against an increase in the key funds rate dissipating, two of the remaining concerns are that Fed officials would be reticent to hike in December, when a move could have outsized effects due …
Job growth surged in October, rebounding from a late-summer slowdown that raised concerns about whether global slowness was infecting the U.S. The Bureau of Labor Statistics reported Friday that nonfarm payrolls grew 271,000 for the month, a sharp jump from weak August and September numbers. The headline unemployment rate declined to 5.0 percent. A broader …
Private job gains edged lower in October, with companies adding 182,000 new positions as economic growth cooled, according to a report from ADP and Moody’s Analytics. The growth actually was a shade better than the 180,000 expected, according to FactSet, but was in keeping with a reduced pace of employment growth across the U.S. economy. …
The U.S. economy created 142,000 jobs in September, a number that missed expectations and could cool expectations that the Federal Reserve will start raising interest rates soon. Unemployment held at 5.1 percent, according to the Labor Department. A separate member that includes those who are working part-time for economic reasons or have not looked for …
This is a breaking news story. Please check back for further updates. Private companies topped expectations for job creation in September, adding 200,000 new positions thanks in part to a boost from large companies. Small firms with fewer than 50 employees have been the primary engine of job creation during the post-recession recovery, but that …