CNBC

Trade tensions are just one of the three biggest challenges for the global economy, IMF says

Tao Zhang, from the International Monetary Fund, discusses the three biggest challenges in the world economy.

CNBC

Barclays slashes first quarter GDP projection to just 1.5 percent as early-year growth hopes dim

Hopes are continuing to dim for breakout first-quarter growth, as economists continue to scale back expectations. Barclays became the latest to capitulate, as it slashed its Q1 estimate for gross domestic product from 2.5 percent all the way to 1.5 percent.

CNBC

Global trade has an issue with trust, IMF’s Lagarde says

The lack of trust among global trade partners must be fixed, IMG managing director Christine Lagarde told CNBC.

CNBC

US weekly jobless claims fell, indicating continued job growth after a slowdown in March

New applications for U.S. unemployment benefits fell last week, indicating continued job growth after a slowdown in March.

CNBC

Fed: U.S. economic growth on track despite tariff concerns

The fed reported “robust” business borrowing, rising consumer spending and tight labor markets.

CNBC

US growth rate won’t be enough to control the deficit, economist warns

The CBO projects the federal deficit will top a staggering $1 trillion in the next two years, and debt could equal GDP within a decade.

CNBC

UK inflation cools to 1-year low, raising questions over possible Bank of England hike in May

Sterling and U.K. bond yields drop following the data release.

CNBC

US-China trade fight would not hit Chinese growth until end of this year, says JPMorgan

The U.S. and China have a lot of negotiations ahead in order to iron out the trade frictions between them.

CNBC

Fed’s Evans backs ‘patiently’ raising interest rates in absence of inflation

Rates can go up in a gradual manner without causing the economy to overheat, Chicago Fed President Charles Evans said.

CNBC

Home prices have risen 114% since 1960 — here’s how much more expensive life is today

“Rent, home prices and college costs have all increased faster than incomes.”

CNBC

Tax cut riches have gone to execs and investors over workers by nearly 3-to-1 margin

In the first quarter, corporate America dedicated $305 billion to stock buybacks and cash takeovers compared with $131 billion in pretax wage growth, according to TrimTabs.

CNBC

Utilities boost US industrial output in March, while factory growth was sluggish

Industrial production rose 0.5 percent in March as a rebound in utilities from the prior month’s weather-related decline offset sluggish output of machinery and food products.

CNBC

White House budget director Mick Mulvaney: The economy is doing better than we expected

“We actually underestimated the potential of the American economy,” White House budget director Mick Mulvaney says.

CNBC

Treasury Secretary Mnuchin: Trump tweet was ‘warning shot’ to China on currency

Rising economic growth will help pay for a temporary shortfall in tax receipts, U.S. Treasury Secretary Steven Mnuchin said Tuesday.

CNBC

Sterling soars to its highest level since the Brexit vote

Sterling saw some strong buying on international currency markets Tuesday, reaching its highest level since the country voted to leave the European Union in June 2016.

CNBC

Two-year Treasury yield hits a near 10-year high despite Syria tensions

The two-year Treasury yield hit its highest level in nearly a decade Monday morning.

CNBC

How economics can help solve South Africa’s crime problem

South Africa is notorious for its high crime rate, a reflection of its economic inequality and racial tension.

CNBC

Iran’s currency crisis could bring it one step closer to economic collapse

Iranians are scrambling for U.S. dollars as Iran’s currency, the rial, plummets to historic lows amid economic and political uncertainty.

CNBC

US wholesale inventories increase solidly in February

U.S. wholesale inventories increased in February, suggesting that inventory investment will contribute to economic growth in the first quarter.

CNBC
CNBC

BofA market analyst Hartnett pins ‘simple reason’ for market woes on the Fed

Bank of America Merrill Lynch strategist Michael Hartnett sees the Fed as the real source of market volatility.

CNBC

Auto imports from Mexico climb as NAFTA negotiators appear close to new agreement

New data from the Mexico Automotive Association show first-quarter vehicle exports to the U.S. climbed 5.3 percent.

CNBC

Yellen and other economists say tax cuts are blowing up the budget

Tax cuts are at the heart of a worsening budget situation, according to former Fed Chair Janet Yellen and others.

CNBC

Restaurant sales gain ground in March as consumers’ tax refunds roll in

Sales at restaurants in March could mark the second-highest monthly same-store sales gain in the last two years.

CNBC

Trump economic advisor Larry Kudlow bashes China for ‘decades of misdeeds’ on trade

“I don’t know if we’ll have tariffs or not,” Larry Kudlow says.

CNBC

Trump complains about ‘stupid trade’ with China

President Donald Trump on Monday complained yet again about “STUPID TRADE” with China, doing little to calm investors anxious about the escalating trade conflict between the two economic superpowers.

CNBC

Stock volatility no big factor for ECB so far: Draghi

The European Central Bank has made the claim in its annual report.

CNBC

Glencore shares down thanks to Russia sanctions as US squeezes Western investment

The U.S. Treasury’s measures aim to make it as hard as possible for certain oligarchs with extensive involvement in international markets to do business abroad.

CNBC

Silicon Valley is fighting a brain-drain war with Trump that it may lose

Trump is making it tougher for U.S. tech companies to hire foreign skilled workers, causing a serious brain drain.

CNBC

No NAFTA deal in principle will be announced at Summit of the Americas in Lima

Talks to rework NAFTA are not advanced enough for the U.S., Mexico, and Canada to announce a deal “in principle” at this month’s Summit of the Americas in Lima.