Inflation shows biggest rise in five months, amid only scattered signs of tariff effects
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting interest rates soon, but there only scattered signs of tariff-related inflation.
Target stock and sales fall as CEO Brian Cornell contract ends
Mary Molina of Westchester, New York, said she used to shop at Target once a week. She said she now buys more from Walmart and Amazon and makes Target trips once every two or three months instead of every week. Courtesy of Mary Molina Shortly before a road trip in early 2024, Mary Molina realized […]
Robinhood misses out on the S&P 500 yet again, with Trade Desk to soon join the index
Trade Desk’s stock is soaring, with the ad-tech company set to replace Ansys in the benchmark index later this week.
JPMorgan Chase (JPM) earnings Q2 2025
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025. Cyril Marcilhacy | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Tuesday. Here’s what Wall […]
Tax cuts for private jet buyers expected to lead to surge in sales
Private jets parked at the Friedman Memorial Airport during the Allen & Company Sun Valley Conference on July 10, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive […]
Nvidia teases a win for its China business, and big money could be on the line
Nvidia expects to be able to sell H20 chips in China once again after previously forecasting it would lose out on $8 billion in revenue this quarter related to sales restrictions.
More U.S. housing markets see falling home prices
A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Overinflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Annual home price growth in June was just 1.3%, down […]
Alphabet’s latest deal reveals the hottest area of AI right now
As the AI talent wars escalate, Google’s new arrangement with startup Windsurf shows tech companies see a lot of value in coding assistants.
Starbucks to require employees in office four days a week, offer payouts
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images Starbucks corporate employees will have to return to the office four days a week starting in October, the company announced Monday. For workers who would prefer to leave the company instead of heading back to […]
It’s ‘crypto week,’ and bitcoin is flying higher — briefly passing $123,000
A dozen bitcoin ETFs touched fresh intraday records as MicroStrategy disclosed it’s back as a bitcoin buyer.
