Hot inflation data pushes market’s rate cut expectations to September
As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…
Consumer prices rose 3.5% from a year ago in March, more than expected
The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…
Russian billionaires taken off EU sanctions list; Ukraine accused of another nuclear plant drone strike
This was CNBC’s live blog tracking developments on the war in Ukraine. Officials at the Russian-controlled Zaporizhzhia nuclear plant in…
Small business optimism hits 11-year low as inflation fears won’t go away
Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is…
Ukraine war updates: Kremlin hints at forthcoming Putin-Xi meeting; Russia scrambles to deal with massive floods
This was CNBC’s live blog tracking developments on the war in Ukraine. Relations between Russia and China have reached an…
Russia-Ukraine war updates: Zaporizhzhia nuclear plant struck by drones; Zelenskyy calls for more support amid Kharkiv bombardment
This was CNBC’s live blog tracking developments on the war in Ukraine. The United Nations’ atomic energy watchdog sounded the…
Fed Governor Bowman says additional rate hike could be needed if inflation stays high
Federal Reserve Governor Michelle Bowman said Friday that it’s possible interest rates may have to move higher to control inflation,…
