Breaking News: Business
-
Finance
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report…
Read More » -
Finance
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage…
Read More » -
Finance
Retail investors ditch buy-the-dip mentality during the market correction
Spencer Platt | Getty Images Individual investors, whose assets are more tied to the stock market than ever, have abandoned…
Read More » -
Finance
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe |…
Read More » -
Finance
Buffett’s Berkshire hikes stakes in five Japanese trading houses to almost 10% each
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s…
Read More » -
Economy
Retail sales increased 0.2% in February, though spending up less than expected
Consumers spent at a slower than expected pace in February, though underlying readings indicated that sales still grew at a…
Read More » -
Finance
Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBC Treasury Secretary Scott Bessent said Sunday the Trump administration…
Read More » -
Finance
One of Wall Street’s biggest bulls cuts his S&P 500 outlook, blaming Trump’s tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald…
Read More » -
Finance
Hedge funds are selling stocks at a pace not seen in years
Hedge funds slashed their positions at the fastest pace in years as tariffs and signs of softer economic growth sent…
Read More » -
Finance
Most of the S&P 500 is already in correction territory as benchmark teeters near milestone
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York…
Read More »
