Consumer prices rose 0.3% in April
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent. The …
Consumer prices
Nasdaq closes at record high; Google launches new AI model
A photo of Sam Altman, CEO of OpenAI. Olivier Douliery | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily …
Big change in global growth is bullish for commodities: VanEck CEO
Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The world economy started growing again,” van Eck told CNBC’s “ETF …
Wednesday’s report expected to show little progress against inflation
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty Images A closely watched Labor Department report due Wednesday is expected …
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will …
Australia’s central bank warns of another tough year for borrowers, businesses
The Australian Flag is seen on June 25, 2017 in Melbourne, Australia. Darrian Traynor | Stringer | Getty Images Australia’s central bank expects another tough year for households and businesses, signaling little rate relief in months ahead, but …
January PCE inflation report could get a lot of market attention on Thursday
With markets on edge over the direction of inflation , a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department’s …
China’s central bank leaves key policy rate unchanged under shadow of the Federal Reserve
A man walks past the People’s Bank of China (PBOC) building on Dec. 25, 2023 in Beijing, China. China’s central bank left a key policy rate unchanged as expected on Sunday …
Markets in the green, Davos in full swing
People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. Denis Balibouse | Reuters This report is from today’s CNBC Daily Open, our …
Could better data be a good thing for markets?
Traders work on the floor of the New York Stock Exchange during afternoon trading on January 17, 2024 in New York City. Michael M. Santiago | Getty Images News | …