U.S. Economy

Democrats defend Biden after debate flop as voter support flinches

Elaine Hadley

The South Carolina Democrat followed the post-debate spin formula that has emerged from Biden supporters since the Thursday showdown: Acknowledge ...

FTC antitrust lawsuit against Southern Glazer’s coming

Barbara Terrio

Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on ...

Walmart to reportedly lay off hundreds of corporate staff and relocate others

Barbara Terrio

Walmart megastore exterior and logo sign, Denver, North Carolina. Ucg | Universal Images Group | Getty Images Walmart is cutting hundreds ...

How American malls survived the slow death of department stores

Barbara Terrio

The American mall is alive and well. Department stores — which were historically the most important real estate in the ...

China remains a crucial market for U.S. chipmakers amid rising tensions

Barbara Terrio

US-China chip war graphic Wong Yu Liang | Moment | Getty Images The U.S. has passed a series of export controls ...

Jamie Dimon, who said the $34 trillion national debt was pushing U.S. off a ‘cliff,’ insists it’s ’vital’ to boost military spending

Barbara Terrio

Jamie Dimon’s annual shareholder letter came out on Monday, and its 61 pages are full of ideas that lean more ...

Live updates on March Fed rate decision

Gregory Daniels

Wed, Mar 20 20243:02 PM EDT The Fed chair is looking for confirmation of last year’s low inflation readings Federal ...

Equal Pay Day highlights $1.2 million salary shortfall for some women

Elaine Hadley

Today, a woman just starting out will earn $399,600 less over a 40-year career compared to men, according to a ...

Red Sea tensions risk significantly higher inflation, OECD warns

Abhinav Thawait

That could add 0.4 percentage points to overall price rises after a year, the OECD said in its latest economic ...

Trump’s proposed 10% tariff plan would shake up every asset class: Strategist

Elaine Hadley

Former U.S. President and Republican presidential candidate Donald Trump holds a rally in advance of the New Hampshire presidential primary ...