SK Hynix and Micron: Booming AI chip demand helps create two new $1tn club members
SK Hynix and Micron are the latest tech firms to join the growing list of stocks with mega valuations.
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اردو
ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.
Industriya
Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most
Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.
Industriya
Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
Industriya
Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
Industriya
Elon Musk\s SpaceX postpones Starship launch
It comes just a day after the firm revealed plans for a record-breaking stock market debut.
Industriya
UK-Gulf trade deal a 'monumental achievement,' Bahrain industry minister tells CNBC
Abdulla bin Adel Fakhro said the deal was a win-win for the U.K. and Gulf states.
Industriya
Nvidia\s record results fail to impress investors
The chip giant reported more stellar results but its shares fell after-hours as investors wonder if it can keep up its pace of growth amid greater competition.
Industriya
Standard Chartered to cut thousands of roles as AI use increases
The UK-headquartered banking giant aims to move some of the effected workers to other roles in the business.
Industriya
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.
Industriya
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.
Industriya
The Fed will have to raise interest rates in July to appease 'bond vigilantes,' Yardeni says
Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.
Industriya
The Fed will have to raise interest rates in July to appease 'bond vigilantes,' Yardeni says
Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.
Industriya
Traders now see next Fed interest rate move as a hike following inflation surge
The fed funds futures market is pricing in an increase as soon as December.
Industriya
Traders now see next Fed interest rate move as a hike following inflation surge
The fed funds futures market is pricing in an increase as soon as December.
Industriya
Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday.
Industriya
Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday.
Industriya
Bond market believes Fed behind the curve on inflation as Warsh takes over
Bond traders are hoping that the central bank's easing bias is replaced with a skewed view toward tightening.
Industriya
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
Industriya
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
Industriya