Posts by CNBC (old posts, page 58)
Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under Trump's megabill.
Retailers avoided a worst case scenario in Vietnam. But executives say Trump's trade deal could still hit consumers
Vietnam was the retail industry's backup plan when Trump first imposed duties on China, so some executives are relieved to see a potential deal with 20% levies.
Here's where the jobs are for June 2025 — government sector leads the way
State and local government job growth boosted the U.S. labor market in June.
U.S. payrolls increased by 147,000 in June, more than expected
Nonfarm payrolls were expected to increase 110,000 in June. The unemployment rate was forecast to rise to 4.3%.
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
Essence Fest kicks off on Friday, with roughly 500,000 people attending the event in New Orleans. It generates around $1 billion in economic activity.
Airlines face investors after strong— but cheaper — July 4 holiday
Major airlines pulled their 2025 forecasts earlier this year, blaming economic uncertainty.
Airlines face investors after strong— but cheaper — July 4 holiday
Major airlines pulled their 2025 forecasts earlier this year, blaming economic uncertainty.
Fourth of July barbeque prices have risen since Trump imposed tariffs, congressional analysis says
Americans may spend more on barbeque items such as beer and outdoor chairs at their Fourth of July celebrations this year, according to a congressional report.
With June jobs report looming, DOGE government layoffs could start becoming a factor
A gradual pullback in hiring and job openings has come as hundreds of thousands of federal workers are out looking for employment.
New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division
Tim Kuniskis was promoted to lead American brands and North American marketing for Stellantis.