Economy

US consumer confidence December 2019

People shopping at a Costco store Scott McIntyre | Bloomberg | Getty Images U.S. consumer confidence dipped slightly in December, according to data released by The Conference Board on Tuesday. The metric came in at 126.5 for the month, down from 126.8 in November. Economists polled by Reuters expected a reading of 128.2 for December. […]

Economy

US GDP Q3 2019 final reading

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market. Gross domestic product increased at a 2.1% annualized rate, the Commerce Department said in its third […]

Economy

US weekly jobless claims

Job seekers tour the Amazon Fulfillment Center during an Amazon jobs fair in Robbinsville, New Jersey. Getty Images The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength. Initial claims for state unemployment benefits decreased 18,000 to a seasonally adjusted 234,000 […]

Economy

Americans are split on impeachment

President Donald Trump adjusts his jacket during a tour of Apple’s Mac Pro manufacturing plant in Austin, Texas, November 20, 2019. Tom Brenner | Reuters Ahead of a historic House vote that’s expected to impeach President Donald Trump, a new CNBC All-America Economic Survey finds the nation evenly divided on the question, but about 1 […]