Economy

Bessent’s bond gambit aimed at calming markets is instead stirring inflation worries

August 22, 2026

Scott Bessent, Treasury Secretary, speaking a the CNBC Invest in America Forum in Washington, D.C. on April 15th, 2026. CNBCInvestors over the past...

U.S. government debt passes $40 trillion, more than doubling in a decade

August 20, 2026

An electronic display shows the national debt in Washington, Aug. 19, 2026.Mandel Ngan | AFP | Getty ImagesGovernment debt has eclipsed $40 trillion,...

Global borrowing costs hit fresh highs on oil, AI and inflation

August 19, 2026

Long-term borrowing costs across some of the word's biggest economies hit fresh highs because of concerns over inflation,...

Wholesale prices were flat in July, below expectations for 0.2% increase

August 18, 2026

Wholesale costs for goods and services were flat in July, the Bureau of Labor Statistics reported Thursday in...

UK economy grows but experts warn of challenging months ahead

August 17, 2026

Summer sun and sports fixtures helped the UK economy grow between April and June, according to official data,...

Prices rose 0.1% , annual rate 3.4%

August 16, 2026

A key inflation reading Wednesday showed prices moderating across a range of goods and services, possibly taking the...

Business Daily – Taking Stock: The cost of heatwaves

August 15, 2026

Available for over a yearHow is climate change reshaping the global economy? Rahul Tandon is joined by Carsten...

AI’s costly build-out complicates the Fed’s inflation fight

August 14, 2026

Silicon Valley leaders from Elon Musk to OpenAI CEO Sam Altman have hyped the deflationary effects of the...

Burnham warned Iran war could hit UK growth next year

August 13, 2026

Andy Burnham has been warned that the UK economy could barely grow next year if disruption in the...

An inflation report Wednesday should be a big deal for the Fed. Here’s what to expect

August 12, 2026

An important inflation report Wednesday could give the Federal Reserve a little breathing room in its battle against...

US interest rates held as Fed boss says ‘no magic wand’ to tackle high prices

August 11, 2026

The Fed acknowledged that inflation remained "elevated", which it said was in part due to rising energy prices,...

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