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…
Stocks making the biggest moves midday: Berkshire Hathaway, Catalent, Tyson Foods, Zscaler and more
Check out the companies making headlines in midday trading. Berkshire Hathaway — The conglomerate’s A shares rose more than 1%…
Outlook for household spending slumped in April, New York Fed survey shows
Household spending is expected to decrease significantly over the next year, according to a New York Federal Reserve survey released…
Russia launches fresh wave of strikes on Ukrainian cities; Wagner boss ditches threat to leave Bakhmut
This was CNBC’s live blog tracking developments in the war in Ukraine on May 8, 2023. Russia launched a new…
Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows
Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday.…
Wagner leader says his forces will leave Bakhmut; Bill Clinton says he foreshadowed Russian invasion
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Russia’s Wagner…
