The war against inflation is a long way away from being won
A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Don’t break out...
Bank of America fined for consumer abuses, fake accounts, bogus fees
A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016. Chris Keane | Bloomberg | Getty...
Gold gains on softer dollar, yields; U.S. inflation data in focus
A view of Krastsvetmet Precious Metals production facility in Krasnoyarsk, Russia on March 10, 2022. Alexander Manzyuk | Anadolu Agency | Getty Images Gold prices edged...
Gold rises as dollar, yields slip after US jobs data
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Sven Hoppe |...
Live: Powell, Lagarde, Central Bankers Speak at ECB Forum on Central Banking–6/28/23 9:30 Am ET
CNBC’s Sara Eisen moderates a panel on monetary policy with Jerome Powell, chairman of the Federal Reserve System; Andrew Bailey, governor of the Bank of...
‘Greatest Economic Reset In Our Lifetime’ Is Beginning: Mike McGlone, Bloomberg Intelligence: Video
The New York Fed currently indicates a 70.8% probability of a recession, reaching its highest level since 1982. According to Mike McGlone, a Macro Strategist...
Stock market today: Live updates
The Nasdaq Composite and the S&P 500 rose Thursday, snapping three-day losing streaks as investors resumed buying tech stocks. The tech-heavy index rallied 0.95% to...
LIVE: Fed Chair Powell Testifies Before Senate Banking Committee — 10:00am ET. 6/22/23
Federal Reserve Chair Jerome Powell delivered the Semiannual Monetary Policy Report to the Senate Banking Committee, expressing the likelihood of future interest rate hikes due...
Gold steadies after hitting 3-month low on Powell’s remarks
Sven Hoppe | Picture Alliance | Getty Images Gold prices pared losses on Wednesday, helped by a retreat in the dollar, although an uptick in...
European Central Bank raises rates by 25 basis points at June 2023 meeting
The European Central Bank on Thursday announced it is taking its main rate up by 25 basis points to 3.5%, diverging from a U.S. Federal...