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Wholesale prices unexpectedly fell 0.2% in May

A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.The producer price index, a...

From dying mall brand to Wall Street winner: How Abercrombie & Fitch pulled off retail’s biggest comeback

Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment,...

With trillions in government money at stake, infrastructure takes center stage in America’s Top States for Business

There is nothing quite like a couple trillion dollars in federal money to get companies and states focused on infrastructure.Landmark programs including the...

How we are choosing America’s Top States for Business 2024

A flood of government money and the rapidly changing nature of work are helping to transform the competitive landscape among the states. CNBC's...

U.S. Treasury yields rise as Fed holds rates steady, signals only one cut this year

U.S. Treasury yields rose on Thursday after the Federal Reserve kept interest rates unchanged and indicated that just one cut is expected before...

Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year

Ali Ghodsi, co-founder and CEO of Databricks, speaks at a press conference at Databricks' Data and AI Summit in San Francisco on June...

The Federal Reserve holds interest rates steady — here’s what that means for your money

The Federal Reserve announced Wednesday it will leave interest rates unchanged. Fresh inflation data issued earlier in the day showed consumer prices are...

Fisker recalls thousands of Ocean EVs for safety and compliance issues

The Fisker Ocean electric sports utility vehicle (SUV) during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S.,...

Watch now: ETF Edge on a new form of active management, value & small caps

CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a...

How elections test the Federal Reserve’s independence

The anticipated November matchup between President Joe Biden and former President Donald Trump could come down to voters' views on the economy.Inflation is...

Here’s the inflation breakdown for May 2024 — in one chart

John Paraskevas/Newsday RM via Getty ImagesInflation fell slightly in May, as positive trends like lower gasoline prices were counteracted by others like stubbornly...

Consumer prices unchanged in May and up 3.3% from a year ago

The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department...

A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived

A new home is marked sold at a subdivision called Pintail Commons by Landsea Homes in Johnstown, Colorado on June 10, 2024. RJ Sangosti...

Making a plan to pay for long-term care: Insurance and other alternatives

Stacey Hachenberg, left, and her partner, Sharon Fleming, right, review long-term care options with the help of Fleming's daughter, Alexa Fleming, center.Van Applegate,...

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