Annual CPI inflation in July 2023 surges to 3.2%
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated …
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated …
A shopper looking at Michael Kors handbags in Macy’s flagship store in New York. Scott Mlyn | CNBC Check out the companies making headlines before the bell: Capri, Tapestry — …
Jim O’Neill, former chief economist Goldman Sachs Group, in Italy in 2019. Alessia Pierdomenico | Bloomberg via Getty Images Veteran economist Jim O’Neill says central banks will need to keep …
Disney (DIS) released its fiscal third-quarter results, which were somewhat mixed, but the company’s restructuring plan and streaming strategy showed signs of promise. Despite falling short of analysts’ expectations, Disney’s …
Wynn Resorts (WYNN) delivered impressive second-quarter results on Wednesday, including higher profit margins out of a resurgent China — the linchpin of our investment thesis. Operating revenue surged nearly 76% …
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Back-to-back losses Still believe in …
The Moody's ratings downgrades and outlook warnings on a swath of U.S. banks this week show that the industry still faces pressure after the collapse of Silicon Valley Bank. Concern …
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China reported inflation data for July that pointed …
David Portnoy, founder of Barstool Sports, is interviewed at the Trackside Live Stage in the LVMS Neon Garage before the South Point 400 Monster Energy NASCAR Cup Series playoff race …
Indicted FTX founder Sam Bankman-Fried arrives at the U.S. Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters Campaign finance charges against Sam Bankman-Fried are still on …