News

Here’s the inflation breakdown for April 2025 — in one chart

Inflation retreated in April, but tariffs are expected to re-ignite consumer prices in coming months.

Fintechs that raked in profits from high interest rates now face a key test

Fintechs like Revolut and Monzo got a revenue boost from higher interest rates. Now, they face a key test as rates decline.

U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas

Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from the National Retail Federation.

Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

Coinbase is joining the S&P 500, replacing Discover Financial, which is being acquired.

After UK and China trade deals, tariff rate still highest since 1934, Yale report says

Imports face steep levies despite recent trade deals the Trump administration reached with China and the U.K.

Bitcoin back above $100,000: Financial planning icon Ric Edelman reacts to the crypto ETF boom

Bitcoin’s milestone week comes as new crypto exchange-traded funds are hitting the market.

America is failing its youngest investors, warns personal finance guru Ric Edelman

Ric Edelman is warning young people to avoid several traps regarding their financial future.

With foreign tourists boycotting the U.S., businesses brace for falling sales

The U.S. is poised for weaker tourism from overseas this year amid tensions tied to trade and immigration.

Powell may have a hard time avoiding Trump's 'Too Late' label even as Fed chief does the right thing

Central bank leaders have a long history of being too reluctant to raise or lower interest rates.

It's a ‘low firing, low hiring’ job market, economist says: Here's how to land a new gig anyway

Companies are hesitant to lay people off, but are hiring at their slowest pace since 2014. Here's how job seekers can succeed in the current job market.

Billionaire Ken Griffin calls tariffs a 'painfully regressive tax,' hitting working class Americans the hardest

The Wall Street titan said there is a "modest" risk of stagflation as tariffs create inflationary pressures and slow down the economy.

Fed holds rates steady as it notes rising uncertainty and stagflation risk

The Federal Reserve on Wednesday held its key interest rate unchanged as it awaits fluctuations in trade policy and the direction of a sputtering economy.
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