S&P 500 briefly crosses 5,500, closes lower
Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. Michael M. Santiago | Getty Images News | …
Federal Reserve System
S&P 500 crosses 5,500 level before erasing gains
Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 29, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …
CNBC Daily Open: Boeing’s reckoning
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.12, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily …
Mega money Musk, Kitty’s stake grows
Traders work on the floor of the New York Stock Exchange on April 5, 2024. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC …
What that means for you
The Federal Reserve announced Wednesday that it will leave interest rates unchanged. Fresh inflation data issued earlier in the day showed that consumer prices are gradually moderating though remain above …
Apple shares pop, Musk drops OpenAI lawsuit
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC …
Fed’s Kashkari wants ‘many more months’ of positive inflation data before rate cut
LONDON — The Federal Reserve should wait for significant progress on inflation before cutting interest rates, Minneapolis Federal Reserve President Neel Kashkari told CNBC on Tuesday. Asked what conditions were needed …
What that means for your money
The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to prove stickier than expected. However, the move also dashes hopes that the Fed will be able to …
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip below their minimum capital requirements,” …
The Fed will cut rates before the ECB, former BoE DeAnne Julius said
The Federal Reserve Building stands in Washington. Joshua Roberts | Reuters The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member …