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Fed’s favorite inflation gauge is expected to show very slow progress on Friday

Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to…

Borussia Dortmund star Jadon Sancho looking for Wembley redemption in Champions League final

CNN  —  Borussia Dortmund star Jadon Sancho is the first to admit “it’s kind of crazy” the way his season…

Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

U.S. consumers and businesses alike have turned cautious on spending this year because of elevated inflation and interest rates, according…

Fed’s Williams says inflation is too high but will start coming down soon

NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high but he…

Salesforce plunges 21% after it reports its first revenue miss since 2006

Salesforce stock plunged 21% after the company reported its first revenue miss since 2006. The combination of weak revenues and…

Warm water is sneaking underneath the Thwaites Glacier — and rapidly melting it

In Antarctica, the warm ocean is stealthily attacking a major glacier through a previously unknown route — undermining its foundation…

The stock market rally is running on fumes as earnings growth can’t keep up with sky-high prices, top economist says

The stock market is primed for a correction as equity valuations hit historically high levels, according to economist David Rosenberg.…