European Central Bank (ECB) President Christine Lagarde gestures as she speaks to the media following the Governing Council’s monetary policy meeting at the ECB headquarters in Frankfurt, Germany, December 14, 2023.  Kai Pfaffenbach | Reuters The West’s major central banks all kept interest rates unchanged in recent days, but struck …

New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank. “We aren’t really talking about rate cuts right now,” he said on CNBC’s “Squawk Box.” “We’re very focused on the question in front of us, which …

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. Stephanie Synclair was on her own “Eat, Pray, Love” journey in 2012 when she first visited the place that would become her second home. Synclair was newly into …

U.S. Treasury Secretary Janet Yellen outlines the improvements the IRS will deliver to taxpayers in 2024, during remarks at IRS Headquarters in Washington, U.S., November 7, 2023. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters U.S. Treasury Secretary Janet Yellen underscored her priorities aimed at stabilizing frigid ties between the United States …

View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images China reported Friday its industrial output expanded at the fastest pace since February 2022 in November, though retail sales growth missed expectations, pointing to a patchy recovery in the world’s second-largest economy. Economists are approaching the …

CNBC’s Jim Cramer highlighted some stocks that benefited from the dovish Federal Reserve meeting on Wednesday, and outside of Tesla, none were members of the Magnificent Seven that have managed to go against the downward market trends. “And it left a host of new winners in its path, winners that …

Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon is making a fresh appeal to China-based sellers as it fends off growing competition from discount online retailers Temu …

Shohei Ohtani, formerly of the Los Angeles Angels, pitches during a game in Anaheim, California, on July 6, 2021. Daniel Shirey | Major League Baseball | Getty Images Shohei Ohtani made history this week with a 10-year, $700 million contract to play for Major League Baseball’s Los Angeles Dodgers. The …

Masses of highly paid tech workers say they plan to quit their jobs, and health care workers aren’t far behind. Workers in the two fields dominate Payscale’s latest list of the top roles employees said they were planning to leave within 6 months, based on employee-reported data from more than …

Valentinrussanov | E+ | Getty Images Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets like stocks over that period, according to new research. However, the loss isn’t necessarily as bad as it may initially seem, financial experts said. Median combined 401(k) plans and …