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…
Here’s the inflation breakdown for April 2023, in one chart
Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…
Carl Icahn’s company stock falls 15% after prosecutors seek financial information
Icahn Enterprises, Carl Icahn’s conglomerate, saw its stock drop again Wednesday after a disclosure showed federal investigators are seeking information…
Rep. Santos says ‘I will not resign’ after pleading not guilty to criminal charges
Rep. George Santos, R-N.Y., said Wednesday he will not resign from office after pleading not guilty to an array of…
Apple versus the world: The iPhone maker is bigger than almost any stock market in the world
Dimensional’s Matrix Book is an annual review of global returns that highlight the power of compound investing. It’s a fascinating document:…
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…
Why missing one $2 expense could derail your whole national park trip
National park tourism is booming. But an idyllic adventure into the great outdoors can be derailed by overlooking an important…
Stocks making the biggest moves before the bell: Rivian, Airbnb, Twilio, Dutch Bros and more
Check out the companies making headlines in premarket trading. Rivian Automotive — The electric vehicle maker saw its stock jump…
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…
Bank of England set for 12th straight interest rate hike, but the outlook remains murky
LONDON — The Bank of England is expected to hike interest rates for the 12th consecutive meeting on Thursday as…
