Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn’t deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department…
Ukraine war updates: Kremlin warns escalation in Middle East is ‘in no one’s interests’ but won’t condemn ally Iran’s attack
This was CNBC’s live blog tracking developments on the war in Ukraine. Russia’s Foreign Ministry on Sunday expressed “extreme concern…
Surging inflation fears sent markets tumbling and Fed officials scrambling
The early data is in for the path of inflation during the first three months of 2024, and the news…
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.…
Russia battles floods as Ural river swells; Moscow hits ‘critical’ Ukrainian infrastructure
This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. Overnight attacks…
Wholesale prices rose 0.2% in March, less than expected
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…
Russia claims it foiled British-led ‘sabotage’ plot; 200,000 left without power after ‘massive’ attack
This was CNBC’s live blog tracking developments on the war in Ukraine. Early-morning Russian missile and drone attacks on several…
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…
