Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows

The inflation data covers the period before the war the U.S. and Israel launched against Iran, so it doesn't reflect the ...

As millions lose weight on GLP-1s, they're starting to turn to retailers to refresh their wardrobes

Apparel retailers could see an up to $13 billion annual boost in spending because of GLP-1 drugs, according to an estimate by ...

Expect higher than 4% inflation over the remainder of 2026, says Brookings’ Wendy Edelberg

Wendy Edelberg, The Brookings Institution non-resident senior fellow, and Michael Faulkender, The America First Policy ...
Opinion

'It's fantasy to believe' Iran will give up control over the Strait: TWG Global’s Amos Hochstein

Amos Hochstein, TWG Global managing partner and former Biden senior advisor, joins 'Squawk Box' to discuss the latest developments on the Iran war, the future of Iran's government, the fragility of ...

The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says

Sultan Ahmed Al Jaber demanded a full reopening of the Strait, warning that the oil supply disruption will increase if Iran ...

Amazon CEO Jassy defends $200 billion AI spend: "We're not going to be conservative"

Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.

American Airlines makes bag fees even more expensive for basic economy tickets

American Airlines is joining Delta, United, Southwest and JetBlue in raising its checked bag fees as the industry deals with ...

Stocks and other markets are far from out of the woods, Jeremy Siegel says

Stocks may experience more turbulence ahead, despite the major averages posting sharp gains on Wednesday, the Wharton ...

Volatility is the 'new norm' for government bonds as interest rate uncertainty sees yields whipsaw

Laura Cooper, global investment strategist and head of macro credit at Nuveen, said volatility has become "the new norm," as ...

JPMorgan sees more upside for this AI data center play, fueled by 'exceptional earnings growth'

Lumentum is likely to see its shares rise thanks to the high-speed networking equipment, 3D sensors and industrial lasers it ...

Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty

Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported "subdued" demand across its ...

Google expands partnership with Intel for AI chips

Google has committed to using multiple generations of Intel chips to power its AI data centers, in an expansion of an ...