Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
"Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns," one financier told CNBC.
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.
Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires.
Inflation rate at 2.4% in September, topping expectations; jobless claims highest since August 2023
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones...
Hurricane Milton could cause as much as $175 billion in damages, according to early estimates
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Jobless rates fall for Black and Hispanic men in September
Black and Hispanic men experienced a fall in jobless rates in September.
Here’s where the jobs are for September 2024 — in one chart
Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday's jobs report.
U.S. job creation roared higher in September as payrolls surged by 254,000
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.