Breaking News: Economy

August wholesale inflation rises 0.7%, hotter than expected, but core prices in check

Inflation at the wholesale level rose more than expected in August, countering recent data showing that price increases have tempered…

Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more

Check out the companies making headlines in midday trading. Redwire — The space infrastructure stock soared 5.6% Wednesday after Roth…

August core inflation, excluding food and energy, rose 0.3%, hotter than expected

Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…

Fears over access to credit hit highest level in more than a decade, New York Fed survey shows

American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to…

Stocks making the biggest moves premarket: Qualcomm, Tesla, Hostess and more

Check out the companies making headlines in premarket trading Monday. Tenable Holdings — The exposure management solutions provider rose 3%…

Stocks making the biggest moves premarket: Apple, WestRock, McDonald’s and more

Check out the companies making headlines in premarket trading Thursday. Apple — Apple shares fell more than 2.6% after Bloomberg…

Biden hails West Coast dockworker union contract as possibility of UAW strike looms

WASHINGTON — President Joe Biden celebrated the recent West Coast dockworker contract in a ceremony at the White House on Wednesday.…

Stocks making the biggest moves premarket: Enbridge, Roku, GitLab and more

Check out the companies making headlines in premarket trading Wednesday. Roku — The streaming stock jumped 12.5% after announcing plans…

Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes

Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence…

Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says

The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…