Economy
India’s Finance Minister blames easy exits and excess liquidity for equity market's underperformance
India's finance minister said that continued capital outflows are one of the biggest risks for the country in 2027.
CNBC·
Economy
Jobs, prices, markets, and the politics of money.
U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
The Treasury Department published the U.S. budget deficit for the 2026 fiscal year.
CNBC·
Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.
CNBC·
Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all
Investors expect the Fed to pause rate hikes in October, but Kevin Warsh's rejection of traditional communications practices and continued concern about inflation leave the decision uncertain.
CNBC·
What this bankruptcy says about AI startups
Character.AI collected millions of users, making it a very appealing acquisition. Google took a unique route to "acquiring" it, hiring away its founders and licensing its technology. Now Character.AI is filing for bankru
NPR·
Wholesale prices jumped 6.3% annually in September, biggest gain since 2022
September producer prices were expected to increase 0.6% month over month and 5.5% annually, according to the consensus estimate by Dow Jones.
CNBC·
Economists: Hot PPI shows Fed's work is not done
'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns
CNBC·