CNBC Economy / Updates
- Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut March 20, 2025Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.
- U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll March 20, 2025The latest survey from the New York Federal Reserve shows just 62.7% of Americans can come up with $2,000 for an emergency.
- Trump says the Fed should cut rates to ease the economy’s transition to his tariffs March 20, 2025President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.