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<lastBuildDate>Wed, 29 May 2024 13:21 GMT</lastBuildDate>
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<title>Global debt has grown to $315 trillion this year — here's how we got here</title>
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<pubDate>Wed, 29 May 2024 11:31:46 GMT</pubDate>
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<title>The Fed probably won't be delivering any interest rate cuts this summer </title>
<description><![CDATA[Investors likely will have to sweat out a summer during which it looks increasingly unlikely that the Federal Reserve will be cutting interest rates.]]></description>
<pubDate>Sat, 25 May 2024 11:55:03 GMT</pubDate>
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<title>British retail sales plunge 2.3% in April, missing estimates</title>
<description><![CDATA[U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.]]></description>
<pubDate>Fri, 24 May 2024 12:04:56 GMT</pubDate>
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<title>Auto insurance rates are jumping the most since the 1970s, but there could be relief soon</title>
<description><![CDATA[Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way.]]></description>
<pubDate>Thu, 23 May 2024 16:24:30 GMT</pubDate>
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<description><![CDATA[Dimon said the worst outcome for the U.S. economy will be a "stagflation" scenario, where inflation continues to rise, but growth slows amid high unemployment.]]></description>
<pubDate>Thu, 23 May 2024 15:28:35 GMT</pubDate>
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<title>Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says </title>
<description><![CDATA[Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the U.S., GAM's Julian Howard told CNBC.]]></description>
<pubDate>Wed, 22 May 2024 14:19:42 GMT</pubDate>
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<title>UK inflation comes in hotter than expected, slashing June rate cut bets</title>
<description><![CDATA[The Office for National Statistics released inflation figures for April on Wednesday.]]></description>
<pubDate>Wed, 22 May 2024 12:56:59 GMT</pubDate>
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<title>Britain's inflation rate could be about to drop below the Bank of England's 2% target</title>
<description><![CDATA[The headline inflation rate could be 'momentous,' but markets remain divided on the chance of a June cut and services will be the one to watch. ]]></description>
<pubDate>Tue, 21 May 2024 09:53:13 GMT</pubDate>
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<title>Soaring debt and deficits causing worry about threats to the economy and markets</title>
<description><![CDATA[Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.]]></description>
<pubDate>Sun, 19 May 2024 10:50:25 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/18/some-consumers-are-punting-big-purchases-like-pools-and-mattresses.html</link>
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<title>Some consumers are punting big purchases like pools and mattresses</title>
<description><![CDATA[There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.]]></description>
<pubDate>Sat, 18 May 2024 15:46:06 GMT</pubDate>
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<title>Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says</title>
<description><![CDATA[The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."]]></description>
<pubDate>Thu, 16 May 2024 13:20:11 GMT</pubDate>
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<title>Europe must avoid ‘disaster’ of trade decoupling as it eyes China tariffs, EU's economics chief says</title>
<description><![CDATA["As far as Europe is concerned we need a more mature attitude in our trade," EU economics head Paolo Gentiloni told CNBC. ]]></description>
<pubDate>Fri, 17 May 2024 08:10:19 GMT</pubDate>
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<title>CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago</title>
<description><![CDATA[The consumer price index was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.]]></description>
<pubDate>Wed, 15 May 2024 16:50:27 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/14/heres-everything-to-expect-from-wednesdays-key-report-on-inflation.html</link>
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<title>Here's everything to expect from Wednesday's key report on inflation</title>
<description><![CDATA[The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.]]></description>
<pubDate>Wed, 15 May 2024 13:17:05 GMT</pubDate>
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<title>Wholesale prices rose 0.5% in April, more than expected</title>
<description><![CDATA[The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.]]></description>
<pubDate>Tue, 14 May 2024 16:52:13 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/13/inflation-outlook-rises-fueled-by-expected-increases-for-housing-costs-new-york-fed-survey-shows.html</link>
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<title>Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey shows</title>
<description><![CDATA[On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November 2023.]]></description>
<pubDate>Mon, 13 May 2024 16:58:00 GMT</pubDate>
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<title>Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans</title>
<description><![CDATA[Consumers are acting vastly different depending on income level.]]></description>
<pubDate>Fri, 10 May 2024 16:46:33 GMT</pubDate>
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<title>Consumer sentiment tumbles as inflation fears surge</title>
<description><![CDATA[The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.]]></description>
<pubDate>Fri, 10 May 2024 17:31:58 GMT</pubDate>
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<title>Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years</title>
<description><![CDATA[A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.]]></description>
<pubDate>Fri, 10 May 2024 15:27:00 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/10/uk-gdp-q1-2024-economy-emerges-from-a-technical-recession.html</link>
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<title>UK economy emerges from recession with 0.6% growth in first quarter</title>
<description><![CDATA[The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, beating expectations.]]></description>
<pubDate>Fri, 10 May 2024 07:02:47 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/10/the-us-is-now-germanys-biggest-trading-partner-ahead-of-china.html</link>
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<title>The U.S. is now Germany’s biggest trading partner — taking over from China</title>
<description><![CDATA[After years of China being Germany’s main trading partner, the U.S. quietly overtook that spot in the first quarter of the year, data calculations show.]]></description>
<pubDate>Fri, 10 May 2024 13:57:08 GMT</pubDate>
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<title>Weekly jobless claims jump to 231,000, the highest since August</title>
<description><![CDATA[Jobless claims totaled a seasonally adjusted 231,000 for the week ending on May 4.]]></description>
<pubDate>Thu, 09 May 2024 14:53:26 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/07/stanley-druckenmiller-gives-bidens-economic-policies-an-f-blames-the-fed-for-reigniting-inflation.html</link>
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<title>Stanley Druckenmiller gives Biden's economic policies an 'F,' blames the Fed for reigniting inflation</title>
<description><![CDATA[He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation. ]]></description>
<pubDate>Tue, 07 May 2024 13:17:26 GMT</pubDate>
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<title>Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows</title>
<description><![CDATA[The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.]]></description>
<pubDate>Mon, 06 May 2024 16:34:23 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/03/immigrant-workers-are-helping-boost-the-us-labor-market.html</link>
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<title>Immigrant workers are helping boost the U.S. labor market</title>
<description><![CDATA[The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.]]></description>
<pubDate>Fri, 03 May 2024 18:58:54 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/03/jobless-rates-rise-in-april-for-all-race-groups-except-black-americans.html</link>
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<title>Jobless rates rise in April for all racial groups except Black Americans</title>
<description><![CDATA[The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups.]]></description>
<pubDate>Fri, 03 May 2024 15:47:10 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/03/jobs-report-april-2024-us-job-growth-totaled-175000-in-april.html</link>
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<title>U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%</title>
<description><![CDATA[Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.]]></description>
<pubDate>Fri, 03 May 2024 13:45:01 GMT</pubDate>
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<title>Turkey's inflation accelerates to nearly 70% in April </title>
<description><![CDATA[Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.]]></description>
<pubDate>Fri, 03 May 2024 14:53:40 GMT</pubDate>
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<link>https://www.cnbc.com/2024/05/02/heres-what-to-expect-from-the-april-jobs-report-on-friday.html</link>
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<title>Here's what to expect from the April jobs report on Friday</title>
<description><![CDATA[The Bureau of Labor Statistics report drops at 8:30 a.m. ET.]]></description>
<pubDate>Fri, 03 May 2024 10:49:23 GMT</pubDate>
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<title>UK to suffer slowest growth of all rich nations next year, OECD says</title>
<description><![CDATA[The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.]]></description>
<pubDate>Thu, 02 May 2024 16:35:27 GMT</pubDate>
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