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Categories Economy

Millions of parents and young kids could be denied food aid next year without funding boost, report warns

Author December 13, 2023

A long-standing federal food assistance program could be short $1 billion next year, leaving 2 million parents and young children without access

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Categories Economy

Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination

Author December 13, 2023

Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned. The discounts, known as pricing

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Categories Economy

A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

Author December 13, 2023

It’s a dramatic and troubling claim: Two New York law professors, one of them a former commissioner of the Securities and Exchange

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Categories Economy

What to expect as the Fed prepares its final interest rate decision of 2023

Author December 13, 2023

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Categories Economy

Blue-collar hiring and pay gains stay hot in a cooling job market

Author December 13, 2023

Many blue-collar workers are riding into 2024 on a year’s worth of stronger hiring, more plentiful job opportunities and faster pay growth

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Categories Economy

Housing market may be thawing as rates dip and listings inch higher

Author December 13, 2023

The housing market might be turning around for frustrated would-be buyers as mortgage rates dip and listings rise, according to the real

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Categories Economy

Hasbro laying off 1,100 workers as weak toy sales persist into holiday season

Author December 13, 2023

Hasbro is laying off about 1,100 employees as the toy maker struggles with soft sales that have carried into the holiday shopping season,

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Categories Economy

More signs of slowing inflation may arrive in latest consumer price data

Author December 13, 2023

Experts think the government’s last price report of the year will provide more evidence that inflation is slowing. The Bureau of Labor Statistics

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Categories Economy

The U.S. added 199,000 jobs in November and the unemployment rate fell to 3.7%

Author December 9, 2023

Job creation showed little signs of a let-up in November, as payrolls grew even faster than expected and the unemployment rate fell

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Categories Economy

Americans are starting to feel better about the economy and inflation

Author December 9, 2023

Much has been made about how Americans feel bad about the state of the economy, even though according to many broad-based statistical

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