Consumer prices rose 4.2% annually in May, highest in three years
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense.The consumer...
Breaking News: Economy
Energy prices take center stage as the ECB prepares to decide on rates
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic policy conference...
Airlines find the grass isn't always greener with new engines
Technicians work on an engine at GE Aerospace's engine shop in Lafayette, Indiana.Leslie Josephs/CNBCRIO DE JANEIRO — Airplane engine makers...
Household worries over finances hit highest level since July 2022, New York Fed survey shows
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than...
'Bring 'em on': Delta wants United's crown over the Pacific, too
United Airlines and Delta Airlines jetsSam Hodgson | Bloomberg | Getty ImagesRIO DE JANEIRO — Delta Air Lines is the...
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
New Chairman of the Federal Reserve Kevin Warsh arrives during a swearing in ceremony in the East Room of the...
Broadway's $1.9 billion season is the latest sign of consumers splurging on experiences
Daniel Radcliffe takes a bow onstage during curtain call at "Every Brilliant Thing" Opening Night at Hudson Theatre on March...
Where investors may find the next 'big wave' for AI trade
The next massive gains in artificial intelligence may come from thousands of miles away.Tim Urbanowicz, chief investment strategist at Innovator...
The May jobs report will be released Friday. Here's what to expect
A job seeker visits the recruiting booth for Generali Global Assistance during the Mega JobNewsUSA South Florida Job Fair held...
Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Over recent weeks, Parker Taylor reached a grim milestone in his work history.The 29-year-old had been employed consistently since he...
Why institutional investors are returning to retail 'in a very big way'
Key PointsMore stores closed or downsized than opened or expanded during the first quarter, according to a report from JLL,...
Stocks making the biggest moves midday: Exxon Mobil, GameStop, Palo Alto Networks, Blackstone & more
Here are the companies making headlines in midday trading. Quantum computing stocks – A slate of quantum computing plays slid...
Fed Chair Warsh makes first hires at central bank, including 'Project 2025' author
Federal Reserve Chairman Kevin Warsh departs from the East Room of the White House after a swearing-in ceremony, May 22,...
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday.The...
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in...
U.S., Iran intensify attacks as ceasefire frays, peace talks stall
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the...
Job openings in April surged to 7.6 million, the highest in nearly two years
Job openings hit their highest level in nearly two years during April while hiring fell sharply, according to a government...
Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Euro zone inflation rose to an estimated 3.2% in May, driven by double-digit energy price growth, official data showed on...
Treasury yields rise after Iran reportedly stops communication with U.S.
Traders work on the floor of the New York Stock Exchange on July 08, 2025 in New York City. Michael...
Iran war cost: Average U.S. household paying $450 more on gas and energy
Americans have spent nearly $450 extra per household on rising energy costs during the Iran war, according to an analysis...
