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The first head-to-head presidential debate highlighted the stark divide between Hillary Clinton and Donald Trump, Democrat Jared Bernstein says.
But senior Trump economic advisor David Malpass argues that supply-side economics brings faster growth.
CNBC asked leading economists Alan Krueger and Ed Lazear to weigh in on President Obama’s record on jobs. Check out their arguments.
The number of states that require high school students to complete a course in economics has dropped over the last two years, and mandates for personal finance education in the upper grades remain stagnant, a new survey shows.
From major cities like Los Angeles to big businesses like McDonald’s, 2015 saw momentum for lifting pay above the federal level of $7.25 an hour. Effective Thursday and New Year’s Day, 14 states will implement higher minimum wages through legislative action or automatic cost-of-living increases. Now wage advocates are focused on 2016, as several states …
The drumbeat of disappointment is continuing for the U.S. economy, with the latest numbers showing the third quarter looking a lot like the first quarter.
Productivity must improve if the U.S. recovery and the six-year bull market is going to continue, Wells Capital Management’s Jim Paulsen said Friday. “Most post-war bull markets have been associated with better-than-average productivity growth. This has not been one of those,” Wells’ chief investment strategist said on CNBC’s “Squawk Box.” “If we don’t get that, …
Hedge fund billionaire Paul Tudor Jones said the growing gap between the rich and the rest could be “disastrous,” and that the drive for corporate profits has “ripped the humanity” from American companies. Speaking at a sold-out TED Talk in Canada this week, the co-chairman of Tudor Investment and a man Forbes says is worth …
If investors learned anything from Fed Chair Janet Yellen’s testimony to Congress this week, it’s that the central bank is willing to wait for inflation to catch up to employment before hiking rates. It could be a long wait—longer, in fact, than many market participants anticipate. Language tweaks in Yellen’s semiannual appearance Tuesday and Wednesday …
Bill Gross said in an exclusive interview with CNBC on Monday that economic growth will likely fall to 2 percent. “Yes, we’re starting from a 3 percent growth economy that will probably persist for another quarter or so,” he said. “We get back to a relatively new structural growth rate, which is not 3 but …
Two pros discuss the health of the economy amid geopolitical concerns and changing monetary policies in Europe.
Investors gobbled up stocks Friday seemingly unworried about geopolitical tensions. Stocks also rallied on word from Russian news agencies that tensions may be easing between Russia and Ukraine. Michelle Caruso-Cabrera reports on the latest.
Could ending the decades-old ban on exports of U.S.-produced crude oil lift the economy? A new report has reignited the debate, concluding that such a move could create jobs and lower gas prices.
Why are stocks at or near record highs after the economy shrank for the first time in three years last quarter? How different is the current quarter, and are economists counting on even more growth in the year ahead?
Steve Liesman hosts a round of the annual National Economics Challenge, bringing thousands of teens across the country to compete over their knowledge of the economy and how it works.