Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as...
Jerome Powell
The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they're getting harder and...
Surging gas prices are hitting lower-income households harder, New York Fed study shows
A gas station sign displays prices in Washington, D.C., U.S., May 1, 2026.Annabelle Gordon | ReutersLower-income consumers are compensating for...
Pirro appears to drop plans to appeal criminal investigation of Fed Chair Powell
Jeanine Pirro is sworn in as the new interim U.S. Attorney for the District of Columbia during a ceremony hosted...
Recent inflation data was 'bad news': Chicago Fed's Goolsbee
Austan GoolsbeeGetty ImagesInflation data last week was "bad news" for the U.S. Federal Reserve and means the Fed needs to...
Why Kevin Warsh's arrival at the Fed may catch fixed-income investors off guard
As investors focus on the likely confirmation of a new Federal Reserve chair, Kevin Warsh, many may be overlooking the...
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh.ReutersWhen the Federal Open Market Committee gathers again in mid-June,...
Kalshi users called it: Powell says he will stay on as Fed governor after chair term ends
Federal Reserve Chairman Jerome Powell said Wednesday he would stay on as governor after his term as chief ends, an...
Dow rallies 700 points, S&P 500 hits new high as strong Alphabet, Caterpillar earnings overshadow Iran worries: Live updates
Traders works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on...
Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism 'unprecedented'
Federal Reserve Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period...
Here's why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results.Even though it's a major earnings week for the group, YieldMax...
Stocks slide as oil jumps and Fed leaves rates the same: Live updates
Pershing Square USA begins trading well below IPO pricePershing Square signage during the company's initial public offering (IPO) at the...
Mortgage rates are rising again, but homebuyers are trickling back
In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California.Kevin Carter...
CNBC Daily Open: UAE leaves OPEC adrift
Logo of the Organization of the Petroleum Exporting Countries (OPEC)Andrey Rudakov | Bloomberg | Getty Images Hello, this is Katie...
Tillis ends block of Fed chair nominee Warsh, clears way for Trump pick
Sen. Thom Tillis, R-N.C., talks with reporters outside the Senate Banking, Housing and Urban Affairs Committee confirmation hearing for Kevin...
Cramer's week ahead: Record highs meet a pivotal week for tech earnings
Key PointsCNBC’s Jim Cramer said the market has become a "beast", driven by a powerful rally in data center and...
Pirro could reopen Fed probe at any time, Democratic senators warn
The Department of Justice's criminal investigation into Federal Reserve Chair Jerome Powell is merely "temporarily paused," a pair of Democratic...
Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee...
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, during a Senate Banking, Housing, and...
DOJ drops criminal probe of Fed Chair Powell, removes hurdle for Warsh confirmation
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at...
