CNBC Economy

Economic growth in the final quarter of the year is expected to be on par with third quarter's 2.1%, but it is also likely to herald the start of a slower trend that could continue through the first half of this year.

Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as the supply of homes hit a record low during the month.

In a tweet Tuesday morning, the president again said the central bank should cut its key lending rate so it's more in line with that of its global peers.

After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually in November, up from 3.2% in October, according to the S&P CoreLogic Case-Shiller national home price index.

Consumer confidence grew more than expected in January as the outlook around the labor market improved, data released Tuesday showed.

New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth.

Sales of new U.S. single-family homes unexpectedly fell in December, likely held down by a shortage of more affordable homes, but the housing market remains supported by lower mortgage rates.

There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday.

First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, up from the 204,000 claims reported for the previous week.

The president has repeatedly taken the Fed and Chair Jerome Powell to task for aggressively raising rates.

President Trump touted at the World Economic Forum in Davos, Switzerland, the use of negative interest rates to bolster economic growth.

Hours before his impeachment trial was set to begin in earnest back home, Trump touted his "America First" agenda to world leaders at Davos.

President Trump's top economic advisor said GDP growth in the U.S. should hit at least 3% in 2020.

U.S. homebuilding surged in December as activity increased across the board, suggesting the housing market recovery was back on track.

With a skills gap plaguing manufacturing, companies are spending big to train their current workforce and ensure a pipeline of talent.

U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other products.