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CNBC

February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts. The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported. Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor. In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA). The pause will be in effect until Tuesday, Apr. 2. "I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta is dismantling its third-party fact-checking program in the U.S. and aims to bring back political content as President-elect Donald Trump prepares to return to the White House, the company said. Meta CEO Mark Zuckerberg announced the changes in a video statement on Tuesday, Jan. 7. The company that owns Facebook, Instagram, WhatsApp, and Threads, will replace its fact-checking program with a Community Notes system similar to the one implemented on X (formerly Twitter). Zuckerberg said the new system's goal is to reduce bias and restore free expression. "Fact-checkers have be…
Former NFL Great From NJ Al 'Bubba' Baker Battles It Out With 'Shark Tank' Star Daymond John Former NFL Great From NJ Al 'Bubba' Baker Battles It Out With 'Shark Tank' Star Daymond John
Former NFL Great From NJ Al 'Bubba' Baker Battles It Out With 'Shark Tank' Star Daymond John The dismissal by a federal judge in Newark of a complaint by a former Garden State-grown NFL star against “Shark Tank” regular Daymond John hasn’t slowed an ongoing battle between them. John is seeking both a temporary restraining order and a preliminary injunction against Al “Bubba” Baker and his daughter, Brittani, to stop them from trashing him over what they say has been a “nightmare” experience since their appearance on the ABC reality show. The Bakers -- including Bubba's wife, Sabrina -- contend that John and some of his cronies fleeced them after they cut a deal on “Shark Tank” to …
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…
COVID Boosters Are Key In Protecting Against Omicron Variant, Experts Say COVID Boosters Are Key In Protecting Against Omicron Variant, Experts Say
COVID Boosters Are Key In Protecting Against Omicron Variant, Experts Say So you had COVID-19. Then you got vaccinated. But now you're feeling sick and you're wondering if it's the Omicron variant. It very well could be -- if you don't have your booster shot, new research finds. The new, highly-contagious variant is expected to "rip right through the population" and will be worse for those who are vaccinated and not boosted, world-renowned virologist and Columbia University professor Dr. David Ho said in an interview with CNBC. Ho said that those who have booster shots are far less likely to experience COVID-19 symptoms. Moderna said Monday citing lab find…
American Airlines Passengers Fume Over 1,500 Halloween Weekend Flight Cancellations American Airlines Passengers Fume Over 1,500 Halloween Weekend Flight Cancellations
American Airlines Passengers Fume Over 1,500 Halloween Weekend Flight Cancellations American Airline passengers fumed on Twitter Sunday, after nearly 1,500 flight cancellations made over Halloween weekend. Airline officials cited high winds and staffing conditions at the Dallas/Fort Worth International Airport Thursday, according to a staff note sent Saturday by COO David Seymour obtained by CNBC. Wow @AmericanAir, stranded overnight in ORD last min cancel but issue known well known in advance. 3.5hr 📞 now will be here for days!! Can’t even go back to NYC. Challenge accepted United/Delta! After 30yr with AA this is the end… #totalfail #AmericanAirlines #hell pic.twitte…
Bruce, Patti (Not That One) Washed Out At NYC 'Homecoming' Concert In Central Park Bruce, Patti (Not That One) Washed Out At NYC 'Homecoming' Concert In Central Park
Bruce, Patti (Not That One) Washed Out At NYC 'Homecoming' Concert In Central Park Bruce Springsteen and Patti Smith had a treat planned for the 60,000 or so attendees and countless TV viewers worldwide of the “We Love NYC: The Homecoming Concert” in Central Park. Then rain and lightning ignited by Hurricane Henri crashed the party, stopping the show mid-Manilow. Barry Manilow was singing “Can’t Smile Without You” when a member of the stage crew rushed over and gave his bandmates the “cut it” sign. Notice the stage hand at the “0:07” mark: CNN just ended the #WeLoveNYCConcert due to the Hurricane Henri threat approachingRight in the middle of Barry Manilow's perform…
COVID-19: Popular Vacation Spot Offering Vaccinations To Visitors In Push To Lure Tourists COVID-19: Popular Vacation Spot Offering Vaccinations To Visitors In Push To Lure Tourists
Covid-19: Popular Vacation Spot Offering Vaccinations To Visitors In Push To Lure Tourists If you are dreaming of the white sands of the Maldives Islands and don't have a COVID-19 vaccine, no problem. The island is offering travelers vaccinations on arrival. In an interview on CNBC on Wednesday, April 14, the country's Tourism Minister Abdulla Mausoom told the network that the offer is part of its "3V" initiative aimed at drawing tourists to the hard-hit island resort located southwest of Sri Lanka and India. The strategy, Mausoom said, is to "visit, vaccinate, and vacation." Currently, visitors to the islands must provide a negative polymerase chain reaction test and proof of h…