US jobless claims hit 57-year low as third-quarter productivity beats forecasts
US initial jobless claims fell to a 57-year low last week, while third-quarter productivity growth beat forecasts and unit labor…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Paraguay President Peña resigns after collapse of digital lender ueno
Paraguayan President Santiago Peña resigned on Thursday. Calls for his removal had grown after the collapse of digital lender ueno….
Democratic sweep puts crypto on defensive as Clarity Act stalls
Democrats' sweep of Congress likely pushes the Clarity Act to the back burner and brings a more adversarial approach to…
French lawmakers unanimously reject 2027 budget a day before nationwide strikes
France's National Assembly unanimously rejected the government's 2027 budget on Wednesday evening, a day before nationwide strikes. Analysts told CNBC…
Fed’s Barkin and Hammack favor gradual interest rate hikes to curb inflation
Richmond Fed President Thomas Barkin expects further interest rate increases but favors a gradual pace. Cleveland Fed President Beth Hammack…
