A customer shops for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas.Brandon Bell | Getty ImagesEarly economic data for the first quarter of 2025 is pointing towards negative growth, according to a Federal Reserve Bank of Atlanta measure.The central bank's GDPNow tracker of incoming metrics...
Category: Economy
Federal job cuts disrupt a stable retirement picture for many workers, including Black Americans
A person displays a sign as labor union activists rally in support of federal workers during a protest, with the U.S. Capitol in the background on Capitol Hill in Washington, U.S., Feb. 11, 2025. Craig Hudson | ReutersThe sudden cuts to the federal workforce under President Donald Trump will likely throw...
Germany’s election will usher in new leadership — but might not turn tides for the country’s struggling economy
Production at the VW plant in Emden.Sina Schuldt | Picture Alliance | Getty ImagesThe struggling German economy has been a major talking point among critics of Chancellor Olaf Scholz' government during the latest election campaign — but analysts warn a new leadership might not turn these tides.As voters prepare to...
Trump says he’s weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed on Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans."There's even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt," Trump...
France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister warns
Ironing out the 2026 budget of the euro zone's second-largest economy will prove a "demanding" task, French Economy Minister Eric Lombard told CNBC's Charlotte Reed, after lawmakers earlier this month finally adopted 2025's financial plan after a spate of tumultuous, government-toppling attempts.France has charted a trajectory to reduce its public...