This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck in 1997. This time the impact could be worse, given …
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …
The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S. President Joe Biden an opening to prove his Republican election rival’s 2020 predictions wrong. …
Gold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the …
Traders work on the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images Traders appear increasingly confident that the U.S. …
The Charging Bull is seen on an empty Wall Street on April 20, 2020 in New York City. Eduardo MunozAlvarez | View Press | Getty Images This report is from …
The inflation rate in the Bay Area rose at a faster pace in April compared with the last several months, a disquieting sign that the bouts of elevated costs have …
Rising housing and energy costs are still impacting inflation the most. The U.S. Consumer Price Index (CPI) report released by the Bureau of Labor Statistics (BLS) on Wednesday revealed that …
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 …
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 …