U.S. Economy

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023.Brendan McDermid | ReutersThe market has long been pricing…
Read More...

In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC.Stefani Reynolds | Afp | Getty ImagesThe U.S. has accused discount…
Read More...

Travelers wearing protective masks receive nasal swabs from nurses at a COVID-19 test site inside Terminal B at Los Angeles International Airport (LAX), on Sunday, Nov. 22, 2020.Bing Guan | Bloomberg | Getty ImagesThe Biden…
Read More...

Demonstrators rally in support of abortion rights at the US Supreme Court in Washington, DC, April 15, 2023. Andrew Caballero-Reynolds | AFP | Getty ImagesThe Supreme Court on Friday ordered the abortion pill mifepristone to remain…
Read More...

The United States is the only advanced economy that does not guarantee paid time off. “You have entire cultures like France ... where pretty much everybody takes August off, and it's just part of the culture there,” said Shawn Fremstad,…
Read More...

U.S. President Joe Biden delivers remarks during a reception celebrating Nowruz in the East Room at the White House in Washington, March 20, 2023.Kevin Lamarque | ReutersPresident Joe Biden on Monday signed legislation requiring the…
Read More...

U.S. Treasury Secretary Janet Yellen on Jan. 10, 2023 in Washington.Kevin Dietsch | Getty Images News | Getty ImagesThe U.S. may be about to hit its debt ceiling.Treasury Secretary Janet Yellen said last week that the U.S. would likely…
Read More...

Dimon said in June that he was preparing the bank for an economic "hurricane" caused by the Federal Reserve and Russia's war in Ukraine.Al Drago | Bloomberg | Getty ImagesJPMorgan Chase CEO Jamie Dimon on Monday warned that a "very, very…
Read More...

Michael Sonnenfeldt, Tiger 21 Scott Mlyn | CNBCThe members of Tiger 21 – a peer network of ultrahigh net worth entrepreneurs and investors – are putting most of their money to work in the stock market for the first time.Tiger 21 consists…
Read More...

A woman holds a child as people arrive at a train station converted into a refugee center, at the border control between Poland and Ukraine, after Russia launched a massive military operation against Ukraine, in Przemysl, Poland,…
Read More...