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Growth weakened in the third quarter as Delta variant cases surged and global supply-chains bogged down.

How to seize advantages during an economic downturn If you look at current economic downturn data and projections for too long, you’ll get depressed quickly. McKinsey & Company is projecting it will take most business sectors more than five years to get back to their 2019 GDP levels. Bancography recently said “Banks and credit unions should understand and accept the disruption will not be temporary. There is no ‘light switch’ that will instantly restart the economy at the point where we entered the crisis.” And on a recent call with large credit unions Steve Rick, chief economist fo...

good morning. today's top stories, the fed starts a two-day meeting. cyprus debates that controversial bailout and the global markets try to make sense of it all on tuesday, march 19th. apparently spring is coming. i know march madness is just about here. "squawk box" begins right now. good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our top stories this morning, the federal reserve will begin a two-day fomc meeting in washington. policymakers are widely expected to keep rates at record low levels. tomorrow...

can you give us your assessment of the imt pact of the mild winter weather and going forward, i think you said last month that some of the recent job gains reflected a catchup from outside cuts right after the recession. given those two things, what kind of job growth can we expect? >> well, the weather issue reflects how difficult it can be to make real-time effect of the economy. it probably brought forward some of the hiring so that it made perhaps january and february artificially strong and march artificially weak. it probably affected construction. manufacturing. there were pro...

he's a young guy and i have known him since he was five years ole. >> she wanted to get the police in touch with the man's mother. and he never does anything to anyone as far as i know. >> reporter: the gunman took off and the victim is expected to survive. >> well, i mean, we have shootings that take place from time to time and it's not the first we had and probably won't be the last one we had. we're asking for the public's help. >> reporter: nobody else was harmed in the assault. and we're getting the impression the police know who they're looking for. the last check, and we haven...