As Trump berates Goldman, other economists agree that higher tariff inflation is coming
People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025.Spencer Platt | Getty...
business news
Former Goldman Sachs, JPMorgan exec gambled away investor funds for his online casino company: feds
Richard Kim, a former Goldman Sachs and JPMorgan Chase executive, was indicted on securities and wire fraud charges related to...
Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street's wrath...
New York Attorney General James sues Zelle parent company, alleging it enabled fraud
New York Attorney General Letitia James speaks outside New York Supreme Court in New York City ahead of former President...
Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist
In the face of blistering criticism from President Donald Trump, Goldman Sachs economist David Mericle on Wednesday stood by a...
Stocks making the biggest moves midday: Paramount Skydance, Cava, Capri, SailPoint and more
Check out the companies making the biggest moves midday: Paramount Skydance — The media giant popped more than 31%, putting...
Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report
David Zervos, JefferiesScott Mlyn | CNBCThe chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve...
Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs...
Cisco earnings are out Wednesday. Here's what top analysts expect to see
Cisco Systems is scheduled to report its fiscal fourth-quarter 2025 earnings after market close Wednesday. Analysts expect a strong quarter,...
Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say
The Trump administration is considering 11 candidates to replace Federal Reserve Chairman Jerome Powell when his term expires in May,...
Stocks making the biggest moves premarket: Cava, CoreWeave, Brinker, Hanesbrands and more
Check out the companies making headlines in premarket trading. Cava — The fast-casual restaurant chain plunged 23.6% after revenue came...
Crypto exchange Bullish prices IPO at $37 per share, above expected range, ahead of NYSE debut
Tom Farley, chief executive officer of Bullish Global, during a Bloomberg Television interview on the sidelines of the Consensus Crypto...
Taj Hotels owner goes global with bold expansion into Europe and the Middle East
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPuneet Chhatwal, Managing Director & CEO of Indian...
S&P 500 futures inch lower after market returns to record highs: Live updates
Traders work at the New York Stock Exchange on August 12, 2025. NYSEFutures tied to the S&P 500 and Nasdaq...
Judge orders Trump administration to restore part of UCLA's suspended funding
A U.S. judge on Tuesday ordered the Trump's administration to restore a part of the federal grant funding that it...
Asia markets track Wall Street gains as U.S. inflation data fuels Fed rate-cut hopes
Asia-Pacific markets open in the greenAsia-Pacific markets opened higher Wednesday. Japan's Nikkei 225 benchmark rose 1% after hitting a record high...
Musk-Altman battle escalates as Tesla CEO drags Apple into the spat
Sam Altman, left, and Elon Musk.Muhammed Selim Korkutata | Anadolu | Getty ImagesThere's a new company at the center of...
Mediterranean chain Cava lowers forecast after disappointing same-store sales growth
Customers arrive at a Cava restaurant in New York City on June 22, 2023.Brendan Mcdermid | ReutersCava on Tuesday lowered...
Here’s the inflation breakdown for July 2025 — in one chart
Spencer Platt | Getty ImagesInflation held steady in July as price declines for staples like groceries and gasoline helped offset...
Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation
Marlo Ramirez carries slabs of beef to be prepared for a customer in a grocery store on July 22, 2025...
