US Economy

People are leaving the state of California in droves and it could leave a lasting mark on the world’s 5th largest economy. Jane Wells reports.

President Donald Trump’s stock market stacks up well against the majority of his presidential predecessors.

Last year’s Christmas Eve saw a major sell-off, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq all falling by more than 2%.

Joining us on the show is Jack Ablin, Founding Partner and CIO at Cresset Capital, to talk more about the market’s outlook for the remainder of the year.

In the month of December, consumer sentiment rose and shows more positive signs about the current and future economic conditions. But, will this momentum carry on to the next year? Steve Liesman has more for us.

Deirdre Bosa reports from San Francisco about big changes could be coming for millions of California workers starting on January 1st.

Joining us on the show is Matthew Bidwell, Professor at the University of Pennsylvania’s Wharton School of Business, who gives us his analysis on how a new California law regarding freelance workers may impact the overall economy.

United States Steel headed for one of its worst days of the year on Friday after it cut its dividend to 1 cent, warned that fourth-quarter profit losses will be worse than expected and announced plans to lay off about 1,500 workers at a Michigan plant.

Joining us on the show to talk about the Federal Reserve, the economy and the stock market is Roger Ferguson, former Federal Reserve Vice Chairman and current CEO of TIAA.

We sat down with Art Cashin, managing director of UBS Financial Services who’s patrolled the floor of the New York Stock Exchange for more than 50 years, at Bobby Van’s Steakhouse to chat about what’s ahead in 2020.

U.S. Treasury Secretary Steven Mnuchin said the new North American Free Trade Agreement will give the U.S economy a boost.

Joining us on the show is Larry Adam, Chief Investment Officer at Raymond James, to talk more about the possibility of global growth in the near future for markets.

Ahead of a historic House vote that’s expected to impeach President Donald Trump, a new CNBC All-America Economic Survey finds the nation evenly divided on the question, but about 1 in 5 Americans are either open to changing their mind or are unsure.

The House of Representatives approves a massive spending bill that some are calling a big win for business. Ylan Mui has more for us from Capitol Hill.

The Business Roundtable says in its first forecast for 2020 that members see just 2.1% growth next year.