CNBC News

Central bankers need to be careful not to increase interest rates too quickly this year because that could have a restrictive effect on the economy, St. Louis Federal Reserve President James Bullard told CNBC on Thursday. Wall Street expects the Fed to raise rates at next month’s meeting, in the […]

Amazon’s competition with big retail should not have market observers that worried the tech giant is going to “take over everything,” an economist said Thursday. “What will likely stop Amazon in terms of market perception will be reality,” Daniel Lacalle, chief economist at Tressis Gestion, told CNBC. “There’s this view […]

Republican Sen. Marco Rubio was put on the defensive Wednesday by angry students, teachers, and parents who are demanding stronger gun-control measures after the shooting rampage that claimed 17 lives at a Florida high school. One of those confronting the Florida senator at a CNN’s “Stand Up” town hall Wednesday […]

Solar power is becoming an increasingly important part of the planet’s energy mix, as evidenced by the recent publication of the Solar Foundation’s 2017 National Solar Jobs Census. Last year, just over 250,000 Americans were working in solar. While this figure is impressive, it represents a 3.8 percent drop since […]

Goldman Sachs is all but certain the Federal Reserve will hike interest rates next month. Strong economic growth and an uptick in inflation have boosted confidence among Federal Reserve policymakers that the U.S. economy is ready for higher interest rates, according to an official account of the central bank’s most […]

Poland’s central bank paid a YouTube star to make a video about a cryptocurrency crash in order to warn about the dangers of investing in digital coins. The National Bank of Poland (NBP) told CNBC it spent 91,221.99 Polish zloty ($26,764) on Gamellon, a YouTube partner network that has a […]

Barclays posted a significant loss on its full-year 2017 profits, hit in part by the U.S. tax overhaul and a weaker dollar. The U.K. bank’s net loss was £1.92 billion ($2.67 billion), part of which was a one-off £900 million charge on U.S. deferred tax assets. The group’s pre-tax profit, […]

When Michimasa Fujino started his career in Honda Motor’s automotive engineering department three decades ago, he was determined to create a “flying sports car.” After years of development, design, testing and disappointment — the project was cancelled at one point — his vision was realized. The $4.9 million jet is […]

An unknown person threw an explosive device, probably a hand grenade, at the United States embassy building in Podgorica, the capital of Montenegro, before blowing himself up, the government said on Thursday. Messaging in English on its official Twitter account, the government said that half an hour after midnight (1130 […]

Fed Governor Randal Quarles said in a speech Thursday that inflation running a little below target shouldn’t stand in the way of future rate increases. With the central bank expected to hike at least three times this year, the newest Fed member said he supports a continual gradual pace of […]