Economy News Cnbc Daily Open U S Consumers Upbeat On The Economy

CNBC Daily Open: U.S. consumer inflation data catalyzes stock rally

However, the lack of data, such as the jobs report, because of the U.S. government shutdown, means we don't know what the overall economic picture looks like. Read More

CNBC Daily Open: Cooler-than-expected U.S. consumer inflation adds to market cheer

However, the lack of data, such as the jobs report, because of the U.S. government shutdown, means we don't know what the overall economic picture looks like. Read More

U.S. consumer confidence near lowest point as shutdown drags

A new survey by the University of Michigan suggested that Americans may be frightened over economy as the ongoing U.S. government shutdown reverberates with no end in sight. Read More

Government shutdown hasn’t left US consumers glum about the economy – for now, at least

Joanne Hsu receives research funding from NIA, NIH, and various sponsors of the University of Michigan Surveys of Consumers. The ongoing federal shutdown has resulted in a pause on regular government ... Read More

Shutdown Now Costs U.S. Economy $15 Billion a Day, Bessent Says

The ongoing federal government shutdown is starting to weigh on the U.S. economy, Treasury Secretary Scott Bessent said Wednesday at CNBC’s Invest in America Forum. Two weeks into the shutdown, ... Read More

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word ... Read More