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Core inflation rate rose to 2.7% in May, more than expected, Feds preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Core inflation rate rose to 2.7% in May, more than expected, Feds preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Coinbase is the best-performing stock in the S&P 500 in June, and may have even more room to run
Coinbase is on pace for its third straight monthly gain, the first time it’s put together a three-month rally since the end of 2023.
Deep inside U.S. economy, more sticker prices start going up due to tariffs, and inventory is headed down
Across U.S. distribution networks, inside retail and manufacturing warehouses, there’s a widespread move to adjust prices higher due to tariffs.
Nvidia notches 5-day win streak as it hits record highs
Nvidia shares rose for a fifth consecutive day Friday as the chipmaker hovered near fresh highs and investors shook off China concerns.
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Treasury yields inch higher as investors await the Fed's preferred inflation print
U.S. Treasury yields inched higher on Friday as investors awaited a key inflation measure preferred by the Federal Reserve.
10-year Treasury yield is steady as Fed's favorite inflation measure comes in a bit hot
U.S. Treasury yields inched higher on Friday as investors awaited a key inflation measure preferred by the Federal Reserve.
Barclays and Deutsche Bank shares at decade highs on trade deal optimism
Join CNBC for live updates on the biggest moves in European financial markets.
European stocks set to extend gains after White House hints at tariffs extension
Join CNBC for live updates on the biggest moves in European financial markets.
European stocks extend gains after White House hints at tariffs extension
Join CNBC for live updates on the biggest moves in European financial markets.
UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard
The dramatic slowdown in car production is due in large part to ongoing model changeovers, restructuring and the impact of tariffs, SMMT said.
CNBC Daily Open: Wall Street is tuning out the noise and catching rays
There are risks everywhere, but right now, Wall Street seems to be in full summer mode.
SoftBank CEO says he's all in' on OpenAI, reveals he's long wanted Microsoft's spot as main backer
SoftBank CEO Masayoshi Son used a shareholders’ meeting on Friday to discuss the companys belief in OpenAI and the coming of “artificial…
CNBC Daily Open: Wall Street is chill, cheeky and cruising
There are risks everywhere, but right now, Wall Street seems to be in full summer mode.
Asia-Pacific markets set to open higher following strong gains on Wall Street
U.S. stock futures were near the flatline as investors awaited the release of several data points, including inflation, personal income and consumer spending.
Japan's Nikkei hits 6-month high, tracking Wall Street gains after White House downplays tariff deadline
Japan’s Tokyo core consumer price index excluding fresh food and fuel rose 3.1% year on year in June, slower than the 3.6% increase seen in the previous…
Asia-Pacific markets mostly lower as investors assess China industrial data
Japan’s Tokyo core consumer price index excluding fresh food and fuel rose 3.1% year on year in June, slower than the 3.6% increase seen in the previous…
Asia-Pacific markets track Wall Street gains after White House downplays tariff deadline
Japan’s Tokyo core consumer price index excluding fresh food and fuel rose 3.1% year on year in June, slower than the 3.6% increase seen in the previous…
McCormick is focused on mitigating tariff impact on agriculture, says CEO Brendan Foley
McCormick CEO Brendan Foley told CNBC’s Jim Cramer on Thursday that the spice maker is looking at how new tariffs will impact sourcing for its products.