From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its…
Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will…
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global…
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points
21 Min Ago S&P 500 and Nasdaq put together first 4-day advance in 2+ months The S&P 500 rose Monday…
China’s consumer and factory data miss expectations in July
Employees working on an air-conditioner production line at a Midea factory in Guangzhou, China. Jade Gao | AFP | Getty…
Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall
A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images…
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market
Hiring in July was far better than expected, defying multiple other signs that the economic recovery is losing steam, the…
China’s factory activity contracts unexpectedly in July as Covid flares up
An employee operates a spinning machine at a textile factory on May 26, 2022 in China. China’s factory activity contracted…
Here’s how to know if we’re in a recession, and it’s not what you think
People shop in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly |…
Tesla delivered 254,695 electric vehicles in the second quarter of 2022
A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening…
Madonna’s World of Woman-Sponsored Concert Was a Strange Mix of NFT Pitch and Variety Show
The tag line for NFT project World of Women’s combined Pride party and Madonna concert last week was “Finally Enough…
The market’s worst first half in 50 years has all come down to one thing
Traders on the floor of the NYSE, June 13, 2022. Source: NYSE A multitude of factors conspired to generate the…
Dow falls nearly 500 points as bear market bounce loses steam
U.S. stocks fell on Tuesday, erasing earlier gains as the market failed to keep its rebound from the bear-market lows…
See How Artist Baseera Khan Makes Her Bright and Cozy Brooklyn Apartment Double as an Art Studio
Baseera Khan’s art is deeply informed by their own identity as a queer femme Muslim American of Indian, Afghani, and…
Here’s everything the Fed is expected to announce, including the biggest rate hike in 28 years
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson…
Diseases suppressed during Covid are coming back in new and peculiar ways
Dowell | Moment | Getty Images The Covid-19 pandemic has abated in much of the world and, with it, many…
Here’s everything Apple just announced: New MacBook Air, MacBook Pro, M2 chip, iPhone software and more
5 Hours Ago No comment from Tim Cook on whether supply lines in China are opening up CNBC’s Steve Kovach…
UK Prime Minister Boris Johnson to face vote of confidence on Monday
U.K. Prime Minister Boris Johnson Wpa Pool | Getty Images News | Getty Images The U.K.’s Prime Minister Boris Johnson…