Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time...
United States
Americans still feel pessimistic about the economy. When will it get better?
American consumers have been pessimistic for so long that now economists are wondering when — or even if — households...
Five takeaways from the Trump-Xi summit in Beijing so far
U.S. President Donald Trump arrives for a state banquet hosted by Chinese President Xi Jinping at the Great Hall of...
Oil rises as IEA flags greater volatility ahead, OPEC cuts demand forecast
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait...
European markets to open higher as politics dominates the news agenda
Britain's Prime Minister Keir Starmer speaks during Ministerial Statement on the Middle East at the House of Commons in London,...
Trump, Xi begin summit in first U.S. presidential trip to Beijing in nearly a decade
US President Donald Trump (L) and China's President Xi Jinping stand for their counties' national anthems during a welcome ceremony...
Beer demand stumbles as gas prices surge, data shows
A customer shops for beer in a supermarket in New York on Jan. 22, 2026.Charly Triballeau | AFP | Getty...
Trump in China: Traders predict a tariff truce extension and Boeing aircraft purchases
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding...
10-year Treasury yield hits new high for the year after very hot producer prices reading
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersThe 10-year U.S. Treasury note yield rose...
Trump is taking more than a dozen U.S. executives to China. Jensen Huang isn't one of them
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House...
Stocks making the biggest moves premarket: Alibaba, EchoStar, Micron & more
Check out the companies making the biggest moves premarket: EchoStar — Shares rose nearly 4.5% after the Federal Communications Commission...
Jensen Huang is joining China trip after Trump called the Nvidia CEO: Source
Jensen Huang, CEO of Nvidia speaks with CNBC on May 5, 2026. CNBCBEIJING — Nvidia CEO Jensen Huang is joining...
Stock futures are little changed as Wall Street awaits another April inflation report: Live updates
Traders work at the New York Stock Exchange on May 7, 2026. NYSEU.S. stock futures were little changed on Tuesday...
It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
U.S. consumers are blaming the Iran War for the recent inflation surge. But data shows prices are rising in more...
Here's the inflation breakdown for April 2026 — in one chart
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13,...
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...
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
Satellite view of the Salalah oil storage fire in Oman. An Iranian drone strike on March 11 ignited the blaze,...
European stocks to open lower as hopes for U.S.-Iran peace deal fade
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of...
Five things to watch in Asia as Trump prepares to meet China's Xi this week
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai,...
Asia markets trade mixed as investors weigh Trump’s ceasefire warning
A pedestrian walks past monitors displaying a figure of the Nikkei 225 Stock Average outside a securities firm on May...
