World Cup lifted some bars, but Fed says consumers are pulling back
The Fed’s Beige Book showed World Cup tourism helped host cities, while higher costs and weaker local spending limited the wider p...
Markets Writer
Maya breaks down the day's market action for people who don't stare at a Bloomberg terminal: what moved, why, and what it means for a normal portfolio.
The Fed’s Beige Book showed World Cup tourism helped host cities, while higher costs and weaker local spending limited the wider p...
Prediction-market traders are pricing in a sharp chance that the U.S. gas average tops $4 as oil rises and U.S.-Iran tensions inte...
J&J topped second-quarter estimates and lifted its 2026 outlook, but shares fell as investors focused on softness in its MedTech c...
Warren Buffett told CNBC that Kevin Warsh was a “good choice” to lead the Fed as Warsh prepares for another round of Senate testim...
New federal student loan rules affect which borrowers can earn credit toward Public Service Loan Forgiveness.
IBM’s revenue warning drove its sharpest one-day drop in decades, while CNBC’s Options Action highlighted a short-strangle trade t...
A Schroders survey found a wide gap between Americans’ retirement target and what many workplace plan participants expect to save.
The OTC-listed company is trying to turn AI deployments into recurring products while its share count has been reset by a reverse...
Trump told Fox News that U.S. strikes on Iran could expand to power plants and bridges next week if diplomacy fails.
Asian semiconductor shares rose Wednesday after a U.S. chip rebound, with SK Hynix up more than 11% in Seoul, CNBC reported.
China’s second-quarter GDP grew 4.3%, below forecasts and its weakest pace since late 2022, as shrinking investment renewed stimul...
ASML raised its 2026 sales and margin outlook for the second time this year, citing continued demand tied to advanced AI chip prod...