CNBC Daily Open: Burnham set to take helm of 'poverty stricken disaster,' says Trump
Andy Burnham speaks after being confirmed as the Labour Party's new leader and the country's next prime minister, during 'Labour's...
Inflation
The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected...
Import prices post surprise gain as costs of goods from China hit highest since 2008
Dock workers offload shipping containers from a ship at Port Everglades on April 20, 2026 in Fort Lauderdale, Florida. Joe...
Banking Committee's Sen. Rounds liked Warsh's 'tone' in first testimony as Fed chairman
Sen. Mike Rounds, R-S.D., a member of the Senate banking committee, said on CNBC's "Squawk Box" on Thursday that Federal...
Dallas Fed President Logan calls for 'modestly' higher interest rates
Lorie Logan, president and chief executive officer of the Federal Reserve Bank of Dallas, during a research conference at the...
New York Fed President Williams says inflation has peaked, rates 'well positioned'
New York Federal Reserve President John Williams said Wednesday that he sees multiple signs that inflation has peaked, allowing the...
Fed Chairman Kevin Warsh's testimony to Senate banking committee hits on economy, interest rates
Federal Reserve Chairman Kevin Warsh testified Wednesday before the Senate Banking Committee, facing questions over the the economy and how...
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
Wholesale prices unexpectedly fell in June as sliding energy costs helped brighten the inflation picture, the Bureau of Labor Statistics...
Watch: Fed Chairman Kevin Warsh testifies to House Financial Services committee
Federal Reserve Chairman Kevin Warsh spoke Tuesday to the House Financial Services Committee as part of the congressionally mandated semiannual...
Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices...
Waller says Fed shouldn't 'fight the last war' on inflation but warns hikes still possible
Christopher Waller, governor of the US Federal Reserve, during the Federal Reserve's Payments Innovation Conference in Washington, DC, US, on...
India's inflation accelerates to 4.38% in June, exceeding forecasts
NEW DELHI, INDIA - JULY 9: People are seen crossing a waterlogged road after the heavy rainfall at Gazipur Sabzi...
The volatile AI trade marched higher, but oil kept Wall Street on edge last week
Wall Street's record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil....
Warsh faces multiple alternative inflation signs as Fed charts new course
Kevin Warsh, Chairman of the Federal Reserve, speaking at the ECB Forum in Sintra, Portugal on July 1st, 2026. CNBCFederal...
Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary
Cleveland Federal Reserve President Beth Hammack said Tuesday that "insatiable" demand for artificial intelligence infrastructure is fueling inflation.Should that and...
Why investors may want to prioritize bond markets outside the U.S.
The best government bond market may be outside the United States.Allspring Global Investments' George Bory is pushing clients toward countries...
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, during the Bloomberg Invest event in...
Bond ETF flows surge in hunt for yield: 'Market sniffing out something here,' says BlackRock exec
Amid recent bouts of stock volatility and a new Fed chair coming into a complex inflation environment, the action in...
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The Federal Reserve's primary price gauge rose at its highest level since 2023, reinforcing the central bank's recent tough talk...
Markets are set for a much more hawkish Warsh Fed than expected
Federal Reserve Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets, with traders expecting that the central...
