Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Consumers barely kept up with inflation in April, as retail sales increased but fell short of expectations, the Commerce Department…
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…
Russia says it repelled another attack on its soil; UK PM says Ukraine’s rightful place is in NATO
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Some 40 European…
Wagner chief says Ukraine’s counteroffensive has started; Kyiv says it needs more time and arms
This was CNBC’s live blog tracking developments on the war in Ukraine on May 11, 2023. See here for the…
Traders raise the chances for a Fed rate cut following April inflation report
Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…
Inflation rate eases to 4.9% in April, less than expectations
A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that…
Russian unit flees Bakhmut post; Wagner mercenary group could be labeled terrorists
This was CNBC’s live blog tracking developments on the war in Ukraine on May 10, 2023. See here for the…
Zelenskyy says Russia intensifying attacks out of frustration; Moscow holds Victory Day military parade
This was CNBC’s live blog tracking developments on the war in Ukraine on May 9, 2023. See here for the…
Worries linger about financial stability following bank rescue, Fed report shows
Banking system pressures, real estate stress and persistent inflation top worries about financial stability, though the system overall remains stable,…
Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows
Tumult in mid-sized institutions caused banks to tighten lending standards both to households and businesses, potentially posing a threat to…
