CNBC Economy

The announcement is the latest move in Saudi Arabia's aggressive campaign to attract international investment and headcount to the kingdom.

Employment openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday.

The personal consumption expenditures price index was expected to increase 0.2% in October on a monthly basis and 3.5% from a year ago.

Interest rate cuts don't happen during good times, something important for markets to remember.

The acceleration topped the initial 4.9% reading and was better than the 5% Dow Jones forecast.

The market is getting ahead of the likely pace of U.S. interest rate cuts, according to IBM Vice Chairman Gary Cohn.

Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.

He pointed out a variety of areas where progress has been made, suggesting the Fed at least won't need to hike rates further from here.

The price of attending sporting events rose 25.1% from October 2022 to October 2023, according to government data.

Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with elections across major global powers.

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, the hedge fund titan said Friday.

Markets may be at least a tad optimistic, particularly considering the cautious approach central bank officials have taken.

The CPI, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month.

UBS expects the U.S. Federal Reserve to cut interest rates by 275 basis points in 2024, almost four times the market consensus.

The new Retail Monitor, debuting Monday, is a joint product of CNBC and the National Retail Federation based on real card data from Affinity Solutions.

The Israel-Hamas war could significantly impact economic growth and inflation in the euro zone unless energy prices remain contained, Goldman Sachs says.

Chicago Fed President Austan Goolsbee said a soft landing is still on the table as the Fed seeks to combat inflation without hurting the economy significantly.

The world's major central banks paused their interest rate hiking cycles in recent weeks and markets are turning their attention to the first round of cuts.

Hiring in health care and government were two bright spots in a relatively weak October jobs report.