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…
Stocks making the biggest moves after hours: C3.ai, Nordstrom, Salesforce, CrowdStrike and more
Check out the companies making headlines after the bell. Nordstrom — Shares of the high-end department store jumped 9% in…
TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.
German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…
German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’
German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…
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…
Yellen says it should be ‘unthinkable’ for the U.S. to default on its debt
Treasury Secretary Janet Yellen said the idea of U.S. lawmakers letting the nation default on its debt should be “unthinkable.”…
Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend…
Trump urges GOP to let catastrophic debt default happen if Dems don’t accept cuts
Former President Donald Trump on Wednesday urged Republican lawmakers to let the United States default on its debt if Democrats…
