Dow tumbles 900 points and Nasdaq drops 4% to close out a brutal month
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in April’s technology-led sell-off. The...
US sends $1.3 billion in security and economic aid package to Ukraine
Ukrainian servicemen taking part in the armed conflict with Russia-backed separatists in Donetsk region of the country attend the handover ceremony of military heavy weapons...
Latest news on Russia and the war in Ukraine
Lockheed Martin plans to ramp up production amid massive arms transfers to Ukraine, CEO says Lockheed Martin CEO Jim Taiclet told CNBC that the world’s...
Mohamed El-Erian: We Are Nowhere Near the End of Our Inflation Challenge
Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC’s ‘Squawk Box’ to discuss inflation, markets and more ahead of the...
Producer Price Index March 2022:
The prices that goods and services producers receive rose in March at the fastest pace since records have been kept, the Bureau of Labor Statistics...
Russia-Ukraine war updates for Friday April 1, 2022
Oil supplies, ammunition destroyed on Russian side of border A massive fire burns at an oil depot in Belgorod, Russia, on Friday. The strike may...
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
U.S. Federal Reserve Chairman Jerome Powell addresses an online only news conference in a frame grab from U.S. Federal Reserve video broadcast from the Federal...
US jobless claims total 214,000, better than expected for tight labor market
The U.S. labor market tightened further last week, with jobless claims coming in at the lowest level since the beginning of the year, the Labor...
Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing...
Here’s everything the Fed is expected to do at its meeting this week
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022....