Uber signage on a vehicle at San Francisco International Airport (SFO) in San Francisco, California, US, on Monday, Feb. 2, 2026. David Paul Morris | Bloomberg | Getty ImagesFor more than a decade, Alvaro Bolainez has ferried passengers around the Los Angeles area in his SUV as a rideshare driver....
Category: Economy
Kevin Warsh faces an economic ‘perfect storm’ as he waits to take over as Fed chair
Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025.CNBCKevin Warsh could face a buzzsaw when he takes over as Federal Reserve chair — a Hobson's choice between fighting inflation and protecting the labor market.The Fed is duty bound to support both sides of...
San Francisco Fed’s Daly says jobs report complicates interest rate call
San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment.In a CNBC interview, Daly did not commit to a position on interest rates, but said a softening labor market combined with inflation still running above the central bank's 2% target...
Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says
Private sector hiring was a bit better than expected in February, though most of the job creation came from just two sectors, ADP reported Wednesday.Companies added a seasonally adjusted 63,000 workers during the month, an improvement from the downwardly revised 11,000 in January and better than the Dow Jones consensus...
As Trump declares inflation tamed, Iran conflict threatens new price pressures
Gas prices at a Sunoco gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Oil surged the most in four years as the first impacts of the war in the Middle East began to be felt, with a near halt to traffic through the Strait of Hormuz and...